BEIRUT // Lebanon’s economy has long depended on the Arab Gulf states. Hundreds of thousands of Lebanese work there, sending their savings home to relatives. It is the main destination for exports — both human capital and produced goods — as well as the leading […]
Lebanon plans to urge the international community to boost financial support at a conference on Syria in Brussels, seeking a USD 10 billion funding for a program of public sector-led investment in infrastructure to boost the economy. The Syrian war has weakened Lebanon’s economy; […]
The Lebanese cabinet agreed Thursday to grant concessions to three oil companies, Total, Novatec and Eni, for the exploration and production of oil in blocks 4 and 9. This decision comes after years of waiting and makes Lebanon an oil producing country. Following the Lebanese […]
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