The BLOM Stock Index (BSI) lost 3.17% over the past week to reach 941.86 points as almost all stocks ended the week in the red. The average traded volume and value of shares was also down from 98,186 and $ ...
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According to the Association of Lebanese banks (ABL), the number and value of cleared checks declined by 10.81% and 11.90% year-on-year (YOY) to 2.65 million and $14.82 billion in Q1 2019. The number of ...
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According to the Association of Lebanese Car Importers, the number of new registered cars in Lebanon registered a 25% decline in March 2019 “despite the exceptional offers by all the Cars Importers in ...
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According to Global Blue’s Q1 2019 “Globe Shopper Spending” report for Lebanon, total tourist spending grew by 12.18% year-on-year (YOY) and the number of total refund transactions grew by 5.8% YOY. In Q1 ...
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The BLOM Lebanon Purchasing Managers’ Index (PMI) dropped from 46.9 in February to 46.3 in March as output continued to contract in light of political uncertainty. Balance of payments data by February ...
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A version of this article appeared in the print edition of the Daily Star Newspaper on the 29th of March 2019. The slump in the Lebanese economy is no surprise. Real GDP growth is estimated to have ...
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Foreign direct investment (FDI) is considered as one of the important contributors of economic growth and development especially for developing countries.In recent years, FDI in Lebanon started to slow ...
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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 ...
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The BLOM Lebanon Purchasing Managers’ Index (PMI) increased from 46.5 in January 2019 to 46.9 in February as output and new orders declined at a slower pace, the slowest in a year. On January 31st the ...
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Given the slow economic conditions in Lebanon, the number of Kafalat loan guarantees slumped yearly by 43.94% by December 2018 to reach 310. Accordingly, the overall value of the guarantees dropped by ...
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