Lebanon’s private sector economy persisted in contractionary territory in April 2024 at the fastest rate in the year-to-date reaching 48.9 compared to March’s 49.4 figure. The contraction was mainly ... read more
During the past three years, the situation in Lebanon went from bad to unbearable; the country had plunged into total chaos, drawing an uncertain future for the Lebanese. Consequently, the population ... read more
The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $99.98B in February 2022, thereby recording an annual increase of 3.3% YOY. The rise is mainly ... read more
The Association of Car Importers in Lebanon (denoted as AIA) stated in its recent automotive report that “The continuous Downfall of New Cars Registered in Lebanon since 2018 to reach in the 1st of quarter ... read more
The parliamentary elections are over, and now it’s time to get back to reality. The post elections phase will be tough on Lebanese people; and the famous circular 161 that was used before the election to ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), representing the evolution of goods and services’ prices consumed by households, revealed that Lebanon’s monthly ... read more
According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 1,256K checks from April 2021 to 732,712 checks ... read more
The latest statistics on activity at the Port of Beirut show an annual decrease of 15.03% in the revenues of the Port of Beirut (PoB) to $6.40M by October 2021, compared to last year’s $7.54M. We note that ... read more
The Lebanese currency has been hovering around a steady level for the last two month marked by continuous intervention by BDL through Sayrafa. However, just two days after the elections concluded and under ... read more
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of Real estate (RE) transactions which may include one or more realties, went up by a yearly 110.45% to ... read more
The activity at Rafic Hariri International Airport improved remarkably in the first 3 months of the year 2022. Consequently, the number of Beirut’s International airport passengers went up by 100.94%, as ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 7.26% compared to last year, to reach $167.41B by mid of May 2022. The increase was mainly due to the 32.22% ... read more
According to the data from the Orders of Engineers in Beirut and Tripoli, the total construction permits witnessed a year-on-year (YOY) significant jump of 219.15% to reach 1,583 permits for the second ... read more
The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $99.27B in January 2022, thereby recording an annual increase of 3.5% yoy. The rise is mainly ... read more
According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 911,875 checks from March 2021 to 565,271 ... read more
According to BDL’s latest monetary report, the BOP recorded a deficit of $1.47B in the first three months of the year 2022, compared to a deficit of $847M over the same period last year. Accordingly, Net ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 7.28% to stand at $172.7B by March 2022. On the liabilities side, resident customers’ deposits were ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 39% percentage points (pp) by February 2022, up from last year’s registered ... read more
Byblos Bank published on 30/4/2022 its un-audited financial results for end March 2022. As expected, the results were impacted by the current crisis affecting the Lebanese economy and financial markets. ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 7.7% compared to last year, to reach $166.63B by end-April 2022. The increase was mainly due to the 31.66% ... read more
According to the Ministry of Finance, transfers to Electricite du Liban (EDL) stood at $427.6M by July 2021, dropping by 20.1% compared to the same period last year. This was mainly a result of lower ... read more
According to the data from the Orders of Engineers in Beirut and Tripoli, the total construction permits witnessed a year-on-year (YOY) significant jump of 876.10% to reach 1,552 permits for the first ... read more
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