According to the Ministry of Finance, transfers to EDL doubled the first 2 months of 2017, compared to the same period last year, reaching LBP 309.07B ($250.02M). This rise mainly resulted from the ... read more
Data from the Lebanese Cadastre Registry indicated that the number of real estate (R.E) transactions rose by 13.66% year-on-year (y-o-y) to reach 67,805 transactions by September 2017. Accordingly, the ... read more
According to the latest data published by Lebanon’s Ministry of Finance (MoF), Personnel costs increased by a yearly 4%, to reach $4.40B by November 2016. In fact, the growth in public wages was mainly ... read more
According to the Ministry of Finance (MoF), Lebanon’s gross public debt continued to rise by a yearly 4.36%, to hit $77.27B by Aug. 2017. In details, Debt in local currency LBP (61.4% of the total gross ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets grew 2.04% year-to-date (y-t-d) and 6.95% y-o-y, to $209.39B by August 2017. The reason behind the y-t-d rise in assetswere the ... read more
According to Global Blue, tourist spending in Lebanon rose by a yearly 7% by Q3 2017, compared to the same period last year. The rise is mainly attributed to an increasing tourist spending of GCC ... read more
According to the Association of Lebanese Banks (ABL), the total number and value of cleared checks increased by 0.65% and 2.06% year-on-year (y-o-y) to stand at 8.22 million (M) and $45.79 billion (B), ... read more
According to Ernest and Young’s Hotel Benchmark Survey, some regional hospitality markets dipped by Aug.2017, compared to the same period last year. However, 4 and five-star hotels in Beirut and Mekkah ... read more
Lebanon’s gross public debt registered a yearly rise of 4.76%, to reach $76.88B by July 2017. In details, debt in local currency, LBP, grasping around 61.4% of the total gross public debt, witnessed an ... read more
According to the Central Administration of Statistics (CAS), Lebanon’s average inflation rate rose by 4.34% by August 2017 compared to an average deflation rate of 2.05% by Aug. 2016. The average costs of ... read more
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