Traffic is congested on the Beirut-Jounieh highway at Dbayeh, home to several shopping malls, on Jan. 4, 2025. (Credit: P.H.B./ L'Orient Le-Jour)
After a tumultuous year dominated by more than two months of intense war between Hezbollah and Israel, which ended with a cease-fire on Nov. 27, Lebanon’s private sector morale showed tentative improvement in December. According to the latest Purchasing Managers’ Index (PMI) published by Blominvest, the index edged up to 48.8 points — a modest gain of 0.7 points from November and its highest level in eight months. Read more Can Lebanon benefit from a potential recovery of the Syrian economy? In October, the Purchasing Managers’ Index (PMI) fell to its lowest level in more than three and a half years. By early December, several private-sector players expressed cautious optimism about the opportunities presented by a fragile cease-fire. Meanwhile, some airlines that had suspended flights to Beirut in September announced plans to...
After a tumultuous year dominated by more than two months of intense war between Hezbollah and Israel, which ended with a cease-fire on Nov. 27, Lebanon’s private sector morale showed tentative improvement in December. According to the latest Purchasing Managers’ Index (PMI) published by Blominvest, the index edged up to 48.8 points — a modest gain of 0.7 points from November and its highest level in eight months. Read more Can Lebanon benefit from a potential recovery of the Syrian economy? In October, the Purchasing Managers’ Index (PMI) fell to its lowest level in more than three and a half years. By early December, several private-sector players expressed cautious optimism about the opportunities presented by a fragile cease-fire. Meanwhile, some airlines that had suspended flights to Beirut in September announced plans...