According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal balance (cash basis) decreased by 117.83% from last year to register a surplus of $374.28M by July 2021 for the 4th month in a row. ... read more
During the month of October, the majority of politicians voted for election next March 2022 despite the president’s office refusal of holding the parliamentary elections around two months ahead of ... read more
According to the latest World Bank Lebanon Economic Monitor, “Lebanon Sinking: To the Top 3”, the economic and financial crisis is likely to rank in the top 10, possibly top 3, most severe crises episodes ... read more
The Lebanese economy has been struggling during H1 2019. The pressure has been rising to handle the large twin deficits and the very high level of public debt. The Lebanese private sector continued to ... read more
Abstract Lebanon’s fiscal performance weakened considerably in 2018. The country lost the primary surplus to a primary deficit and recorded a 10-year high fiscal deficit of $6.25B. The exacerbated fiscal ... read more
The Revenues at the Port of Beirut (POB) witnessed a decline of 1.68% during the first 11 months of the year to reach $214.44M. Total container activity including transshipment (TEU+TS) rose by a yearly ... read more
The revenues of the Port of Beirut increased by 3.47% by May 2018 to reach $99.22 million compared to $95.89 million on a year-on-year basis. The number of ships that docked at the Port of Beirut decreased ... read more
The revenues of the Port of Beirut (PoB) amounted to $19.38M in January 2017 up from $18.37M in January 2016. In details and over the same period, total container activity including transshipment (TEU+TS) ... read more
Blominvest issued a BUY recommendation on Solidere shares, with a target price of USD11.68 and an upside potential of 22.18%, based on estimated sales for 2016 of $290million and estimated profits of ... read more
Delivery of Plots Boosts Income Statement Solidere released its consolidated financial statements for the first 6 months of 2016, revealing an improvement in its bottom line from a net loss of $28.71M by ... read more
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