According to the Orders of Engineers in Beirut and Tripoli, the number of construction permits declined by an annual 2.94%, to settle at 15,278 permits by November 2017. However, the Construction Area ... 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
The BLOM Bond Index (BBI) stood at 100.21 points, up 0.4% from last week but still below the pre-crisis level of 102.38 points. However, by Dec.7th, Hariri’s resignation has been suspended and the first ... read more
Lebanese Forex Market Demand for the local currency on the Lebanese forex market steadied, with the value of the Lebanese Pound trading within the range of $/LP 1,514 – 1,514. 5 with a mid-price of ... read more
Despite the persisting declines in the levels of output and new work, contraction within the private sector economy soothed in November. Although employment levels kept on deteriorating, the rate at which ... read more
In line with the previous years, Lebanese banks preserved their role as buffers against the recurring headwinds of an uncertain economy. As a matter of fact and despite the existing low growth environment, ... read more
The fourth week after Hariri’s abrupt resignation held another bunch of optimism that was materialized by another progress on the Beirut Stock Exchange (BSE). As a matter of fact, the suspension of ... read more
Three weeks after Lebanon’s Prime Minister (PM) Saad al-Hariri shocking resignation, the Lebanese stock market started to breathe again during this week’s four trading sessions. In reality, Hariri ... read more
During the week of Nov. 2nd – Nov. 9th 2017, Broad Money (M3) fell by a weekly LBP 490B ($325M) to reach LBP 208,066B ($138B). Nevertheless, M3 rose by a yearly 6.88% and by 4.53% since the start of the ... read more
Lebanese Forex Market Amid the week’s latest positive political developments following the Prime minister’s shock resignation on Nov.4th and the continuous support of BDL’s elevated foreign assets, which ... read more
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