After a delay in government formation efforts, Lebanon’s economy is expected to contract further in 2021, in addition to drops in private consumption and exacerbating economic, exchange rate and debt ... read more
Concerning the Lebanese economy and its ongoing challenges within the sovereign, banking, economic and exchange rate calamities, the widespread anti-government protests continued during month of March ... read more
Looking at Lebanon’s real estate activity, we infer that the number of real estate transactions in January 2020 added 27.3% totaling 4,668 transactions. However, the upbeat figures only take into account ... read more
The Central Administration of Statistics (CAS) recently published the national accounts report for 2018, which revealed that Lebanon’s real GDP growth fell by 1.9%, marking the first significant drop since ... read more
The civic protests that erupted starting October 17th across the country and the ensuing financial and economic developments negatively impacted the real estate and construction sector over the period, as ... read more
The current economic slowdown continues to weigh down on the construction sector, as the country awaits developments on the political front, especially on the possibility of unlocking the promised CEDRE ... read more
The ripples of the Lebanese economic slowdown vary from sector to sector. Tourism was hit by the absence of hefty Gulf spenders but was able to adapt to the new segment of European tourists by offering ... read more
According to the Orders of Engineers in Beirut and Tripoli, the total number of construction permits fell by a yearly 27.44% to reach 841 in the first month of 2019. Accordingly, the Construction Area ... read more
The current economic slowdown has negatively weighed on the construction sector during 2018. According to the Orders of Engineers in Beirut and Tripoli, the number of construction permits slumped by 16.37% ... read more
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