According to Banque du Liban’s (BDL) Circular #473, the ceiling on the amount of subsidized housing loans has been upped from a previous LBP 800 million ( around $530,679) to LBP 1.2 billion ($796,020). ... read more
Lebanese Forex Market Demand for the dollar on the Lebanese forex market increased over the past week, going from $/LP 1,514 within the range $/LP 1,513.75 – 1,514.25 on January 24th to a mid-price ... read more
Lebanese Forex Market Demand for the dollar on the Lebanese forex market decreased over the past two weeks, going from $/LBP 1,514.5 on Dec.30th to a mid-price of $/LP 1,514 within the range $/LP 1,513.75 ... read more
Although total tourist spending in the first half of 2016 plunged by 14% y-o-y, it improved in the second half of 2016. According to Global Blue, tourist spending in 2016 recorded a decelerated plunge of ... read more
Apples have come a long way since their beginning. Known as the king of the fruits, the Romans helped greatly in spreading the apple trees. Whenever the Romans conquered a country, they always took apple ... read more
Economic indicators are giving conflicting signals on the Lebanese economic activity. However it seems that this is not exclusively a Lebanese phenomenon, as US indicators are also giving conflicting ... read more
Lebanon’s natural diverse landscape, history and its cosmopolitan aspect have made it one of the “must visit” countries in the world. In winter, tourists enjoy the ski season on the country’s slopes. While ... read more
The banking industry, one of the most resilient sectors in Lebanon, is beginning to show slower growth rates, as the economic slowdown crisis is gradually spreading across the country. Banks are still ... read more
According to the Lebanese Central Bank’s (BDL) new Monetary Overview for 2015, the Lebanese economy has proven to be resilient amid the political and security turbulences locally and regionally. However, ... read more
To alleviate the pressure of declining oil prices on its economy, the Qatari government has been taking measures to cut its expenditures. For instance, it has reduced the number of planned stadiums for the ... read more
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