According to the Ministry of Finance (MoF), “Salaries, Wages and Related Benefits”, which mainly include the cost of basic salaries, allowances and indemnities paid to employees of the public sector, ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars during the first 9 months of 2015 expanded by a mere 0.96% year-on-year (y-o-y) up to ... read more
Owing to the fact that no 2 places on earth have the exact same geological composition or experience, or the same geological forces, natural stones are like fingerprints, each one is unique. This means ... read more
Total consolidated assets of commercial banks amounted to $181.62B in the first 8 months of the year, a 3.37% growth since year start, and a progression of 6.62% year-on-year (y-o-y). In terms of assets, ... read more
Tourist spending in Lebanon grew 5% y-o-y in the first eight months of 2015, according to “Global Blue”. The improvement of tourists’ spending in the first three quarters of the year came from the ... read more
On the London Stock Exchange (LSE), two of the four listed Lebanese Global Depository Receipts (GDRs) traded on Wednesday, with a combined trading volume of 8,928 GDRs worth $87,323. 4,892 GDRs of BLOM ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1293, the equivalent of €/LBP 1,702.42, appreciating against the US Dollar by 0.49% from Wednesday’s close. Despite a 5.2% drop in German exports in ... read more
Lebanon’s Balance of payments (BoP) deficit reached $1.65B by August 2015, almost four times higher than the $432.9M recorded a year earlier. In fact, the deficit level was the worst since 2012 and was ... read more
The second session of political dialogue that took place this week failed to support the Beirut Stock Exchange today. Thus, the BLOM Stock Index (BSI) reversed yesterday’s progress and slid by 0.29% to ... read more
In its annual Global Competitiveness Index (GCI) 2015-2016 report, the World Economic Forum ranked Lebanon 113th globally (Switzerland being 1st) out of 140 countries and 10th out of the Arab counties ... read more
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