The Tourism sector has long been one of Lebanon’s leading economic sectors, representing a major source of income and employment. The World Travel and Tourism Council’s (WTTC) latest report ranked ... read more
Lebanon’s Purchasing Managers’ Index (PMI) ended the year with further contraction following the continuous instability on the Lebanese political scene and signaling a worsening activity within the ... read more
According to the Ministry of Tourism, the number of tourist arrivals increased by an annual 10.86% to settle at 1.71M by November 2017. In fact, the number of tourists coming from the Arab countries, ... read more
According to the Central Administration of Statistics (CAS), average consumer prices increased by 4.39% y-o-y by November 2017 as reflected by the average Consumer Price Index (CPI) which rose from 96.03 ... read more
According to the ministry of Finance, in August 2017, transfers to EDL reached LBP 318.20B ($211.08M). Indeed, transfers rose considerably by LBP 482.86B ($320.30M) between Jan-August 2016 (LBP 785.71B) ... read more
Port of Beirut (PoB) recorded a slight 0.23% yearly drop in its revenues to reach $218.1M by November 2017. By November, total container activity including transshipment (TEU+TS) rose by an annual 13.02% ... read more
Lebanon’s Balance of Payments (BoP) registered a $887.8M deficit in October 2017 and a $1.08B deficit during the first 10 months of the year, compared to a deficit of $125.3M by October 2016. By October ... read more
According to Kafalat, the number of loan guarantees dropped from 665 guarantees by November 2016 to 509 guarantees by November 2017. The overall value of the guarantees dropped by 28% year-on-year (y-o-y) ... read more
According to data from the Lebanese Cadastre Registry, the number of real estate (R.E) transactions registered an annual uptick of 14.72%, to reach 86,524 transactions in the first 11 months of 2017. As ... read more
According to the Association of Banks (ABL), Lebanon’s gross public debt registered a yearly rise of 5.32%, to reach $78.47B by October 2017. In details, debt in local currency, LBP, (63.1% of the total ... read more
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