PILIER DE L’ÉCONOMIE LIBANAISE, L’IMMOBILIER FRÔLE L’EFFONDREMENT Squelettes d’immeubles à l’abandon et tours fantômes ponctuent le paysage urbain au Liban, où la crise de l’immobilier fait craindre l’effondrement d’un secteur fondamental pour l’économie, déjà vacillante. Sous l’effet de la guerre en Syrie voisine, débutée il y a sept ans, et de la contraction de la…
DetailsInadéquation entre l’offre et la demande, baisse des transferts en provenance de la diaspora ainsi que du pouvoir d’achat des locaux, retrait des propriétaires arabes, chute des prix des matériaux de construction… Tous les indicateurs confirment une poursuite, voire un renforcement du déclin des prix de l’immobilier au Liban. Pour Jihad el-Hokayem, analyste en finances…
DetailsInadéquation entre l’offre et la demande, baisse des transferts en provenance de la diaspora ainsi que du pouvoir d’achat des locaux, retrait des propriétaires arabes, chute des prix des matériaux de construction… Tous les indicateurs confirment une poursuite, voire un renforcement du déclin des prix de l’immobilier au Liban. Pour Jihad el-Hokayem, analyste en finances…
DetailsThe potential silver lining in the restriction of subsidized mortgages Since 2013, Banque du Liban (BDL), Lebanon’s central bank, has announced over $6 billion in annual stimulus packages to prop up the country’s faltering economy. A range of sectors, from energy to education, have benefited from stimulus-facilitated credit, but none more so than the real estate…
DetailsI, undersigned, Jihad El Hokayem, have exerted all possible efforts for my country Lebanon and future generations. I strove for a country that could embrace the aspirations of the Future Lebanese Youth. A Leading country in all dimensions. I longed for a Lebanon that I belong to; a country every citizen of the world would…
DetailsLebanon’s in perfect shape, on paper This, however, does not mirror the current reality facing Lebanon, leading economist Jihad El Hokayem notes. BEIRUT: The World Economic Forum’s latest Global Competitiveness report has inflated Lebanon’s worldwide ranking, painting a rosy picture of a country that is actually slipping as several other reputable agencies have noted in…
DetailsLebanon faces an unprecedented financial crisis as for years the country’s banking sector colluded with government to funnel dollars into the economy at an unsustainable pace. Prime Minister Hassan Diab noted this in his speech while announcing the country would default on its $1.2 Eurobond, which was due Tuesday, adding that the sector was bloated “four…
DetailsThe international community and wider diaspora must support Lebanon in its efforts to reset, writes Jihad El Hokayem. 1 SEPTEMBER, 2020, marked the 100th anniversary of Lebanon as the world knows it today. The recent events since 17 October 2019 have culminated in an unparalleled opportunity to rethink the country based on a new political, social and economic pact. The…
DetailsThe brand of Lebanon has lost its value within the country and beyond its borders with a Diaspora exceeding threetimes the size of the country’s population. The damage to the brand equity of Lebanon will also burden the youthand forthcoming generations for years to come. The independent, qualified, and decent Lebanese youth mustlobby internationally to…
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