On December 16th, 2021, BDL issued circular 161/13384 that allowed people and companies to purchase US dollars at an exchange rate on the Sayrafa platform which is determined by BDL on daily basis. There ... read more
According to the data revealed by “Rasamny Younis Motor Co sal”, Lebanese car market expanded by 88.87% YOY by March 2024, rising from 647 cars in March 2023 to 1,222 cars in March 2024. On a monthly ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets declined by 7.83% compared to last year, to reach $93.41B by end of March 2024, amid adopting the 89,500 LBP/USD ... read more
Total container activity including transshipment (TEU+TS) increased by a yearly 3.45% to stand at 59,764 twenty-foot equivalent unit (TEU) for the month of January 2024, with transshipment activity (TS) ... read more
Number of Tourists in 2023 witnessed a fair increase compared to 2022 despite the Gaza war and security issues on the Southern border of Lebanon that was initiated in the last quarter of the year, but ... read more
According to BDL’s latest monetary report, the BOP recorded a surplus of $259.4M by January 2024, far beyond the deficit over the same period last year of $461.5M. Accordingly, Net Foreign Assets (NFAs) of ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets declined annually by 37.7% to stand at $104.64B by January 2024 amid BDL’s adoption of a new exchange rate of LBP 89,500 ... read more
The recent publication of the World Bank’s “Food Security Update” offers a detailed examination of global agricultural dynamics and food security concerns as of March 12, 2024. This ... 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 decrease of 22.23% to reach 1,588 permits by February ... 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 ... read more
An undergraduate student from the University Of Saint Joseph Beirut (USJ), Guy Rouhana takes first place at 2023 BLOMINVEST Bank VSE competition. Powered by Interactive Brokers, BLOMINVEST Bank manages a ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 7.74% compared to last year, to reach $93.43B by mid-March 2024, amid adopting the 89,500 LBP/USD official ... 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 decreased from 93,120 checks by February 2023 to 41,520 ... read more
According to the data revealed by “Rasamny Younis Motor Co sal”, Lebanese car market expanded by 37.09% YOY by February 2024. On a monthly basis, 316 cars were sold in the month of February 2024. The ... read more
The first 10 months of 2023 just before the beginning of the war in Gaza and the security issues on the Southern border of Lebanon revealed outstanding improvements in the tourism sector. According ... read more
Total container activity including transshipment (TEU+TS) increased by a yearly 15.74% to stand at 827,689 twenty-foot equivalent unit (TEU) for the month of December 2023, with transshipment activity (TS) ... read more
The activity at Rafic Hariri International Airport has decreased in February 2024 for the second month in a row after a rise in December 2023, following the Gaza war. Despite the escalating security issues ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 8.39% compared to last year, to reach $93.34B by end of February 2024, amid adopting the 89,500 LBP/USD ... read more
A recent report, Arab States Employment and Social Outlook – Trends 2024, prepared by the Regional Economic and Social Analysis (RESA) Unit of the International Labor Organization (ILO), Regional Office ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI) displayed continuing rise in inflation rates since the end of 2019. When observing 2022 & 2023 rates, we ... read more
The Council of Ministers (COM) approved on 28/2/2024 a new package of public wages, retroactive to 1/12/2023. The new package increases wages on a monthly basis by three times the basic salary to ALL ... read more
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