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
According to the data revealed by “Rasamny Younis Motor sal”, Lebanese car market remained steady with a little increase by 0.23% YOY by December 2023. In more details, the cumulative number of sold cars ... read more
In an article in An-Nahar newspaper in the Saturday December 13, 2024 issue, it was reported that the Government and the Monetary Authorities are working on a solution to the USD deposits in excess of ... 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) remarkable decrease of 39.49% to reach 10,915 permits by December ... read more
According to November ABL’s publication of banking and monetary indicators, banks branch network decreased significantly from 1,058 branches by December 2019 to reach 737 branches in Lebanon by end of July ... read more
Following September’s announcement of the Lebanese authorities regarding replacement of the Sayrafa monetary platform with Bloomberg, Banque du Liban (BDL) has recently urged Lebanese banks to register on ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 46.4% percentage points (pp) by October 2023, down from last year’s percentage ... read more
Total container activity including transshipment (TEU+TS) increased by a yearly 17.82% to stand at 699,629 twenty-foot equivalent unit (TEU) for the month of October 2023, with transshipment activity (TS) ... read more
According to BDL’s latest monetary report, the BOP recorded a surplus of $1.65B by November 2023, far beyond the deficit over the same period last year of $3.21B. Accordingly, Net foreign Assets (NFAs) of ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 31.79% to stand at $112.58B by November 2023 amid BDL’s adoption of a new exchange rate of LBP 15,000 ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 43.5% compared to last year, to reach $107.17B by end of December 2023, amid adopting the 15,000 LBP/USD ... 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
The World Bank’s Lebanon Economic Monitor (LEM) Fall 2023 “In the Grip of a New Crisis” was published on December 21, 2023. It argues that “four years into the economic and financial crisis, Lebanon’s ... read more
According to the data revealed by “Rasamny Younis Motor sal”, Lebanese car market deteriorated by 21.38% YOY by November 2023. In more details, for the period ending November 2023, the cumulative number of ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 43.24% compared to last year, to reach $107.64B by mid of December 2023, amid adopting the 15,000 LBP/USD ... read more
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of Real estate (RE) transactions recorded a sharp fall of 84.96% yearly to stand at 11,639 transactions by ... 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 1,480,354 checks by November 2022 to 411,335 ... read more
A recent assessment by ESCWA and UNDP focused on the potential economic and human impact on the State of Palestine, with this policy brief extending the analysis to neighboring countries such as Egypt, ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 48% percentage points (pp) by September 2023, down from last year’s percentage ... read more
Moody’s has maintained Lebanon’s issuer rating at C, with a revised outlook to stable from no outlook. The C rating indicates Moody’s expectation of bondholder losses surpassing 65%, ... read more
The activity at Rafic Hariri International Airport has significantly deteriorated in November 2023 following Hamas’ attack on Israel on October 7. Although, the cumulative count of passengers at Beirut ... read more
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