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EECOY NEWS

STATISTICS

  • Lebanon ranks sixth among Arab countries in Electronic commerce.LEbanon This Week 2018
  • Number of inernet users in Lebanon at 3.2 million in 2017 compared to 2 million users in 2012. Madar Research and Development
  • Car sales increased by 2 percent in the first ten months of 2013.
  •  Total number of real estate transactions reached 31,943 in the first half of  2013, down 7.1% from 34,388 in the same last year period, according to the Ministry...
  • A total of 7,484 new passenger cars were sold in the first quarter of 2013,registering
  • Fiscal deficit up by 67.6%   Reached $3.9 billion in 2012, registering an increase by 67.6% from $2.3 billion from previous year, according to figures released...
  • Car sales up 6%
  • Total assets of commercial banks in Lebanon reached $149.4 billlion at the end of October 2012, up 7% from end-October 2011.

POLLS

Will hybrid cars become a new trend in Lebanon?:

STATISTICS

  • Commercial banks' assets reach $141 billion at end 2011, constituting an increase of 9% from end-2010. Private sector deposits totaled  $115.7 billion, up by  7.9%  from  end-2010.
  • Number of business loans guaranteed by Kafalat dropped by 9.4% in 2011 from the previous year.
  • Central Bank's total assets increased by 12.28% on a yearly basis to reach $70.3 billion by the end of December 2011.
  • Budget deficit reached 16.6 percent (or LL2.282 trillion) of total spending in the first 10 months of 2011, in comparison with a deficit of 26.63 percent in the same last year period, registering a decline of LL1.5 trillion.
  • Property sales transactions dropped by 13 percent in the first elven months of 2011.
  • Trade deficit surged by 18% in the first 10 months of 2011, to $13.3 billion. Total imports reached $16.9 billion, registering an increase of 15.3% from the same last year period. Aggregate exports reached $3.6 billion, an increase of 3.3% from the same last year period.  
  • Airport activity up 2% in the first 10 months of 2011. Figures released by the Hariri International Airport (HIA) show that the number of airport passengers (arrivals, departures and transit) totaled 4,737,489 in the first 10 months of 2011, up 1.7% from the same period last year, as reported by Lebanon This Week Byblos Bank's economic publication.  
  • Consolidated balance sheet of commercial banks in Lebanon shows that total assets reached $139.5bn at the end of October 2011, constituting an increase of 8.2% from end-2010 and a rise of 10.2% from end-October 2010.  
  • Stock market activity down 74% to $481 million in the first eleven months of 2011.
  • Central Bank’s holdings of treasury bills up by $4 billion. Central Bank Governor Riad Salamé indicated that the Central Bank bought more than LBP6,000 billion, equivalent to $4 billion in government Treasury bills so far this year, in order to maintain interest rates at their current level.  
  • Balance of payment posted a deficit of $1.5 billion in the first nine months of 2011, compared to a surplus of $2.9 billion in the same last year period.  
  • New car sales down 3 percent in the first 10 months of 2011. A total of 27,473 of new passenger cars were sold during the first 10 months of 2011, posting a  decline by 3.3 percent from 28,413 recorded  in the same last year period, according to the Association of Car Importers in Lebanon.
  • Fiscal deficit reached $976 million in the first eight months of 2011, constituting a decrease of 36.8 percent from $1.55 billion in the same last year period.
  • Treasury transfers to Electricite Du Liban (EDL) totaled $890.2 million,
  • Number of tourists down 25 percent in the first 9 months of 2011, totaled 1,276,110,
  • Stock market activity down 73% to $463 million in first 10 months of 2011.
  • Returned checks down 3%, cleared checks up 1% in the first 8 months of 2011.
  • Budget deficit dropped by LBP858 billion in the first 10 months of 2011 compared to the same last year period, to reach LBP1.471 trillion, a 21.42 percent of total spending, according to the Finance Ministry.  
  • Occupancy rates at hotels in Beirut was 55% in the first 9 months of 2009,
  • Lebanon's public debt is predicted to reach $60 billion by end of 2012
Beirut

Migration to cities is increasing so much that, by 2050, the UN predicts that approximately two thirds of the world’s population will be living in cities.

ECO INITIATIVES

  • A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
  • The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on  Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
  • A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.

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