According to the Ernst and Young (EY) Middle East Hotel Benchmark Survey, the occupancy rate of Beirut hotels rose from 55.1% in the first half of 2016 (H1 2016) to 61.6% in H1 2017. Room yields in ... read more
According to the Ministry of Tourism, the number of tourist arrivals increased by a yearly rate of 14.25% to 826,129 by June. This increase was due to the rise in the number of tourist arrivals from the ... read more
The Port of Beirut’s revenues (PoB) decreased in the first half of 2017 by 3.20% on an annual basis to $116.03M. Total container activity including transshipment (TEU+TS) increased by a yearly rate of ... read more
The BLOM Bond Index (BBI) gained 0.52% during the past week to settle at 104.39 points this week. Moreover, the index was outperformed by the JP Morgan Emerging Markets’ Bond Index (EMBI), which rose by ... read more
According to the Central Administration of Statistics (CAS), Lebanon’s average inflation rate climbed by a yearly 4.42% in H1 2017 as compared to an average deflation rate of 2.51% in H1 last year. The ... read more
According to Global Blue, tourist spending in Lebanon rose by a yearly 6% in H1 2017, compared to the same period last year. The rise is mainly attributed to an increasing tourist spending by GCC nationals ... read more
According to the Association of Lebanese Banks (ABL), the number and value of cleared checks contracted by 1.88% and 0.41% year-on-year (y-o-y) to stand at 6.05 million (M) and $33.67 billion (B), ... read more
According to the Ministry of Finance, personnel costs increased by a yearly 6% to $4.03B by October 2016. In details, this rise came on the back of a 7% year-on-year incline in salaries, wages and social ... read more
The Association of Lebanese Car Importers (AIA) maintains its negative market outlook despite the advertising efforts led by car importers. The importers attribute the market’s slump to the difficult ... read more
According to the Association of Lebanese Banks (ABL), Lebanon’s gross public debt stood at $76.72B by May 2017, rising by 2.4% since December 2016 and by 7.33% year-on-year (y-o-y). Gross public debt ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here