Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to Ernst & Young’s Middle East hotel benchmark survey, the occupancy rate in Lebanon’s 4- and 5-star hotels reached 61.70% in 2019, compared to 65.10% during the same period last year. ...
read more
The latest data released by the Association of Lebanese Banks (ABL) revealed that the total number of cleared checks in the first month of 2020 fell by 11.9% year-on-year (YOY) to 757,824 checks. This can ...
read more
According to the latest figures published by the Port of Beirut (PoB), the Port’s revenues fell by 30.33% year-on-year (YOY) to $12.37M in the first month of the year. In details, Total container activity ...
read more
According to the Central Administration of Statistics (CAS), the monthly inflation rate in Lebanon doubled from November’s 3.17% to end 2019 at 6.96%. The ensuing inflation rate in the first month of 2020 ...
read more
According to the data released by the Ministry of Finance (MoF), Lebanese gross public debt increased by an annual 7.6% to settle at $91.64B in 2019. In details, local currency debt (denominated in LBP) ...
read more
The year 2019 proved to be a challenging year for the Lebanese economy, given the economic and financial crisis. The current economic slowdown continues to weigh down on the construction sector. According ...
read more
For the first time, CAS provides estimates of the Gross Domestic Product (GDP) on a quarterly basis. According to the recently published report, the sources and methods used to estimate quarterly GDP are ...
read more
According to the Ministry of Finance, transfers to EDL witnessed a yearly drop of 7.74% to reach $ 1B by August 2019. In details “Payments to fuel and oil gas suppliers KPC and SPC” (which grasped 99.74% ...
read more
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of real estate (R.E) transactions which may include one or more realties, rose by a yearly 27.30% to stand ...
read more
Lebanon’s trade deficit narrowed in 2019 to reach $15.50B, down by 8.95% compared to the same period in 2018. The total value of imports lost an annual 3.70% to stand at $19.24B. Also, the value of exports ...
read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets declined by 13.11% year-on-year (y-o-y), to stand at $216.78B by December 2019. This is largely explained by the fact that ...
read more
According to Banque du Liban (BDL), Lebanon’s Balance of Payments (BoP) registered a deficit of $4.35B by the end of 2019, compared to a deficit of $4.82B deficit recorded during the same period in 2018. ...
read more
The figures released by the Port of Beirut (PoB) revealed an annual slump of 14.10% in the Port’s revenues which settled at $198.88M by the end of 2019, compared to last year’s $231.53M. In details, Total ...
read more
The Central Bank’s (BDL’s) balance sheet started the year with a 0.86% monthly uptick in its total assets which stood at $142.58B by January 2020. In details, BDL foreign assets (constituting 25.71% of ...
read more
Cement deliveries dropped by an annual 29.67% by October 2019 to stand at 2.87M tons, compared to 4M tons by October 2018. In addition, the six-month moving average of the number of cement deliveries ...
read more
According to Global Blue’s Jan to Dec 2019 “Globe Shopper Spending” report for Lebanon, total tourist spending declined yearly by 1.75% and the number of total refund transactions yearly dropped by 5.83%. ...
read more
Bank Audi’s exclusive negotiations with First Abu Dhabi Bank are currently underway, as the former considers selling its Egyptian subsidiary, referred to as Bank Audi SAE. However, discussions are still at ...
read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Lebanon’s 4- and 5-star hotels reached 65.20% by November 2019, compared to 64.60% during the same period last year. ...
read more
Q4 2019 witnessed substantial developments in the country which hampered the tourism activity as reflected in our post earlier this week, with the number of airport passengers in 2019 marking its first ...
read more
The Board of Directors (BoD) of Audi Bank called the shareholders to attend an extraordinary general assembly meeting scheduled on Thursday February 20th 2020 at 10.30am, at the bank’s headquarters in ...
read more
The fourth quarter of 2019 was particularly challenging for Lebanon, both externally and internally, given that October ushered in an open-ended eruption of social rioting across the country which ...
read more
Disclaimer
The content of this blog is for information purposes only. The information herein has been compiled from, or based upon sources we believe to be reliable, but we do not guarantee or accept responsibility for its completeness or accuracy. This document should not be construed as a solicitation to take part in any investment, or as constituting any representation or warranty on our part. The consequences of any action taken on the basis of information contained herein are solely the responsibility of the recipient.
This website uses cookies in order to improve user experience. If you close this box or continue browsing,
we will assume you agree with this. For more information click here
