According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI) continued to show signs of deflationary pressures, recording a yearly decline for the 5th month consecutively. ... read more
At the onset of 2015, movements in international oil prices remained at the center of the economic developments in gulf countries while politics and the security situation took center stage in ... read more
In its latest article, Lebanon’s Telecom Market Overview 2015, Business Monitor International (BMI) discussed the situational backdrop of the Lebanese telecom sector. The telecom industry is considered a ... read more
Transfers to EdL, for the first 3 quarters of 2014, showed an 11.53% year-on-year (y-o-y) drop to $1.49B. This was due to the 10.48% y-o-y decline in payments to fuel oil and gas oil suppliers KPC and ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon registered the largest year-on-year (y-o-y) improvement in its occupancy rate by April, after Egypt. This goes hand in hand with ... read more
In June 2014, oil prices were slashed from a high of $112 to a low of $58 in December 2014. This bearish trend meant different things to the fiscal balances of oil importing countries and to those of oil ... read more
In its annual Travel and Tourism Competitiveness (TTC) 2013-2014 report, published under the theme “Growth through Shocks”, the World Economic Forum ranked Lebanon 94th globally (Spain being 1st) out of ... read more
Total consolidated assets of commercial banks amounted to $176.95B by March, a 0.72% growth since year start, and an improvement of 6.47% year-on-year (y-o-y). In terms of assets, total reserves, with a ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars during the first 4 months of 2015 slipped by 0.76% year-on-year (y-o-y) to 11,418 cars ... read more
With the ongoing presidential vacuum ever present,the economic growth had its toll on Lebanon’s Balance of Payments (BoP) that recorded its largest deficit in 10 years of $850.2M in Q1, compared to a ... read more
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