Prime Minister Saad Hariri on Monday announced that he was “very optimistic” regarding expected Emirati support for Lebanon, after he held talks with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed and took part in the second UAE-Lebanon Investment Forum.
“My visit to Abu Dhabi made me very optimistic and I thank Crown Prince Sheikh Mohammed bin Zayed al-Nahyan for his support,” Hariri told reporters.Full Story
Central Bank Governor Riad Salameh reassured Monday that there is no “parallel market” for U.S. dollars in Lebanon.
“Banque du Liban is continuously supplying the Lebanese markets with dollars for steady prices,” said Salameh in remarks to the second UAE-Lebanon Investment Forum in Abu Dhabi.Full Story
An Israeli patrol on Monday attempted to kidnap a shepherd from the outskirts of a Lebanese border town, Lebanon’s state-run National News Agency said.
NNA said the four-soldier patrol tried to nab the shepherd M.H. in the Saddanet al-Rous area in the outskirts of the Hasbaya district town of al-Hibbariyeh.Full Story
President Michel Aoun on Monday reassured that Lebanon will “overcome the difficult economic circumstances that it is currently going through.”
“The measures that are being taken on the economic and financial levels will revitalize the national economy and the productive sectors,” Aoun said during a meeting with Archbishop Joseph al-Zehlaoui, the Metropolitan of the Antiochian Orthodox Christian Archdiocese of North America.Full Story
Lebanese Forces leader Samir Geagea called upon ministers of the majority to resign from the government in order to make way for another lineup that would make a different approach to the current situation, the National News Agency reported on Monday.Full Story
Prime Minister Saad Hariri said in remarks he made to WAM news agency that the Lebanese government is against any activities hostile to Arab and Gulf countries.Full Story
Prime Minister Saad Hariri on Monday said at the UAE-Lebanon investment forum in Abu Dhabi that Lebanon still has a chance despite the difficult conditions it is enduring, noting that the Lebanese and UAE investment forces can do wonders together in Lebanon.Full Story
Nicolas Chammas, president of the Beirut Traders Association and general secretary of the Lebanese Economic Organization warned of a new batch of taxes prepared "in secret" that could aggravate the economic burden on the private sector and affect the whole Lebanese, al-Joumhouria daily reported on Monday.Full Story
Prime Minister Saad Hariri arrived Sunday in Abu Dhabi for a two-day official visit to the UAE.
During the visit, Hariri will meet with the Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed al-Nahyan and will participate Monday in the UAE-Lebanon investment forum, sponsored by the UAE Ministry of Economy and the Abu Dhabi Chamber of Commerce, at the St. Regis Hotel, his office said.Full Story
Lebanese Forces leader Samir Geagea has described Lebanon as “a bus without a driver,” in remarks during a speech in Canada.
“There are currently two imminent threats to Lebanon: the first is a security-military-strategic threat, seeing as Lebanon is currently like a bus without a driver, which is being driven by someone other than the one behind the steering wheel, and we don’t know where he’ll take us,” Geagea told the LF’s 23rd North American convention in Canada.Full Story