The Lebanese balance of trade for precious metals (gold, diamonds, articles of jewelry, silver, platinum, pearls and precious stones) has been in the red for the past four years at the exception of 2012. ... read more
Moody’s released its outlook on Lebanon’s Banking system in late July in which it gave a negative view for the year 2015, despite some positive highlights. The banking system is mainly pressured by the ... read more
Lebanon’s touristic sector improved in H1 of 2015 year-on-year (y-o-y), on the back of the low base reached last year, the skiing season that attracted Arab tourists and the improved political and security ... read more
The BLOM PMI stabilized at 49.3 in July signaling an unchanged slight slowdown of the private sector’s economic activity, as it stood just below the threshold of 50.0 separating growth from contraction. ... read more
The Lebanese Gross Public Debt (GPD) amounted to $69.37B (LBP 104,582B) by the 5th month of 2015, broadening by 6.58% year-on-year (y-o-y) and 4.21% year-to-date (y-t-d). Hence, Lebanon’s public debt ... read more
According to the “Richest and Poorest Countries in the World for 2013” survey recently released by Global Finance Magazine (GFM) based on data gathered from IMF published reports, Qatar achieved the 1st ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon recorded the second largest year-on-year (y-o-y) improvement in its occupancy rate in H1, after Egypt. This goes hand in hand with ... read more
Total real estate transactions (local and foreign transactions) stood at 28,722 by June, with a 14.97% yearly drop from 33,780. In addition, those total transactions were worth $3.59B, declining by an ... read more
In July 2015, the International Monetary Fund (IMF) released its Article IV consultation for Lebanon in which it discusses the current context, highlights challenges and priorities and, issues ... read more
The number of construction permits witnessed a yearly plunge of 15.87% to reach its lowest level in 6 years at 7,387 in H1 2015, compared to a higher level of 8,780 in 2014. In this context, the ... read more
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