By September 2020, Lebanon’s trade deficit totaled $5.25B, narrowing from the $12.49B registered in the same period last year. In fact, total imported goods retreated by 48.52% year-on-year (YOY) to $7.88B ... read more
Ernst & Young Middle East hotel benchmark survey informs that in September 2020, hospitality markets in the MENA region witnessed a drop when compared to the same period last year as a result of ... read more
The Association of Car Importers in Lebanon (denoted as AIA) recently shared its automotive report in which explains that “As a result of the dramatic Beirut Port Explosion on 4/8/2020, the damages that ... read more
The Central Administration of Statistics (CAS) revealed that Lebanon’s monthly inflation rate surged from 11.4% and 17.5% in February and March 2020, respectively, to reach a dramatic surge in August and a ... read more
According to Global Blue’s January to September 2020 “Globeshopper Spending” report for Lebanon, total tourist spending in Lebanon slumped by 73% by September 2020 compared to the same period in 2019. The ... read more
Lebanese financial crisis had a positive effect on the real estate sector in Lebanon, which witnessed an expansion in 2020. Investors believe that the real estate sector in Lebanon is considered the safest ... read more
In light of the deteriorating conditions that Lebanon is experiencing, most investments and construction projects were put on hold. According to the data from the Orders Engineering in Beirut and Tripoli, ... read more
The Association of Car Importers in Lebanon (denoted as AIA) recently shared its automotive report in which it explains that “As a result of the dramatic Beirut Port Explosion on 4/8/2020, the damages that ... read more
Port of Beirut is still suffering from the massive explosion on the fourth of August 2020, as the port has not healed yet from the vast destruction. Further, the estimated losses are around $350M, with ... read more
The number of Beirut’s International airport passengers continued to fall down in the first 9 months of 2020 as it records 1.8 million (M) compared to 7M passengers during the same period last year. Total ... read more
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