Real estate activity continued its feeble performance during the ongoing protests that broke out in Lebanon on October 17th 2019. Data from the General Directorate of Land Registry and Cadastre (LRC) ... read more
“The number of new cars registered during the month of October 2019 has dramatically dropped by 62 % in comparison with the month of October 2018”, according to the latest statement by the Association of ... read more
According to the Association of Banks (ABL), the total value of cleared checks decreased by 14.6% in Q3 2019, which illustrates lower business spending and the fact that people are possibly using alternate ... read more
A lot of rumors have been circulating lately regarding the economic situation in Lebanon. Every citizen, whether an economic expert or not, is worried about the liquidity in the system and is trying to ... read more
September 2019 witnessed the fastest deterioration in the private sector’s business conditions in Lebanon. Economic growth in Lebanon was capped between 0% and 0.5% by Sept.2019, as indicated by the PMI ... read more
Lebanon’s balance of payments (BOP) registered a surplus of $921.5M in August 2019, owing it to a foreign placement of $1.4B in BDL Certificates of Deposits (CDs). In fact, BDL’s NFAs witnessed an uptick ... 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
Current Environment The current economic slowdown is taking its toll on the performance of Alpha Banks which was published by Bankdata for H1 2019. The balance sheet of the 16 Alpha Banks with deposits ... read more
Beirut’s International Airport welcomed 5.04 million (M) passengers in the first 7 months of 2019 compared to 4.84M passengers during the same period last year. The breakdown of the airport’s statistics ... read more
According to Kafalat, the number of loan guarantees dropped from 277 guarantees by August 2018 to 47 loans by August 2019. In turn, the total value of issued loan guarantees fell to $5.2M, down from $35.9M ... read more
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