Following a decelerating contraction the private sector economy during the first month of the year, the business conditions at Lebanon’s private sector companies revealed another collapse in February. In ... read more
Similarly to the previous years, the United Arab Emirates (UAE) held on to its strategic goals despite the global economic headwinds and the escalating regional tensions. Deteriorating oil prices were ... read more
The number of tourist arrivals recovered in 2015 for the second year running, but a true rebound for the sector is still not attained. The purchasing power of visitors is more crucial than their number and ... read more
At 15:15 Beirut time, the Euro was quoted at €/$ 1.1012, the equivalent of €/LBP 1,660.06, depreciating by 0.08% against the US Dollar. The dollar improved against the euro today, as figures released by ... read more
The collapse in global crude oil prices since June 2014 had a significant impact on economies, governments and business. Lebanon was no exception to this rule. One of the local markets to bear the brunt of ... read more
The positive momentum of the Lebanese bourse continued for the third week in a row following improving performance in the banking, real estate and industrial sectors. The BLOM Stock Index (BSI) added a ... read more
According to the Association of Lebanese Banks (ABL), gross public debt grew to $70.3B by December 2015, indicating a 5.63% increase on a year-on-year (y-o-y) basis. Public debt denominated in Lebanese ... read more
For the second week running, the Lebanese stock market managed to show positive weekly performance on the account of the better than expected results by Lebanese banks and despite the continuing retreat in ... read more
During the week ending on January 28th, broad Money M3 decreased by LP 100B ($66.32M) to reach LP 185,628B ($123.14B). M3 registered a 5.08% yearly growth and a 0.52% year-to-date downtick. Similarly, M1 ... read more
According to the Central Bank of Lebanon, Lebanon’s Balance of Payments deficit widened from $1.41B in 2014 to $3.35B in 2015. This deterioration came about as the net foreign assets of the Central Bank ... read more
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