The number of construction permits experienced a yearly plunge of 19.26% to reach its lowest level in 6 years at 5,816 by May, compared to a higher level of 7,203 in 2014. In this context, the construction ... read more
According to the Central Administration of Statistics (CAS), the consumer price index (CPI) registered a 3.26% yearly fall to 98.02 in the first 5 months of the year compared, to last year’s 101.32. This ... read more
Since 2011, Lebanon has witnessed slower GDP growth as key sectors of construction, real estate and tourism suffered the ripples of the neighboring Syrian war and of the local political gridlock. The ... read more
Demand for Lebanese Eurobonds recovered on Thursday, as the BLOM Bond Index (BBI) increased by 0.23% to 107.21 points. Yields on the 5Y and 10Y Lebanese Eurobonds went down by 4 basis points (bps) and 5 ... read more
Total real estate transactions (local and foreign transactions) stood at 23,130, the lowest level since 2010. In fact, the number of total transactions witnessed a 17.74% yearly drop and amounted to $2.91B ... read more
The Lebanese Bourse fell from yesterday’s session, mainly due to the real estate sector illustrating a negative performance. Thus, the BLOM Stock Index (BSI) went down by 0.15% to 1,186.89 points, ... read more
Port of Beirut (PoB) continued to experience a bolstered activity, in the month of May as receipts surged by 12.71% year-on-year (y-o-y) to $2.23M monthly high in the last 5 years. This might be due to the ... read more
According to the Ministry of Industry, January’s industrial exports totaled $243.2M in January 2015, 2.4% higher than the same month in 2014 but still 11.8% below the value reached in January 2013. The ... read more
Telecommunication activity in Lebanon kept on posting improvements in 2014. In fact, and after revealing a noticeable progress in the usage of telecommunication services, Lebanon saw an advance over the ... read more
Beirut, once titled “the pearl of the Middle East”, was transformed by a 15-year war into a genuine no-man’s-land. Cities were damaged, roads were impaired, and train operations halted. Since ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here