Saudi Arabia in talks to sign 23 investment deals in Lebanon
Lebanese government is aiming to raise $11 billion in loans and grants to boost its reserves.
Saudi Arabia and the United Arab Emirates are looking to invest in up to 23 infrastructure projects in Lebanon, Lebanese Prime Minister Saad Al Hariri said on Friday.
“We will present to (Saudi and the UAE) the projects we have in Cedre because they want to contribute and invest. The relationship between us has returned to what it was before and may be better,” Hariri told reporters during a visit in Washington, according to a report by Reuters.
Up to 23 deals are currently being negotiated, the report added.
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www.arabianbusiness.com
Lebanese government is aiming to raise $11 billion in loans and grants to boost its reserves.
Saudi Arabia and the United Arab Emirates are looking to invest in up to 23 infrastructure projects in Lebanon, Lebanese Prime Minister Saad Al Hariri said on Friday.
“We will present to (Saudi and the UAE) the projects we have in Cedre because they want to contribute and invest. The relationship between us has returned to what it was before and may be better,” Hariri told reporters during a visit in Washington, according to a report by Reuters.
Up to 23 deals are currently being negotiated, the report added.
[...]

Saudi Arabia in talks to sign 23 investment deals in Lebanon
Lebanese government is aiming to raise $11 billion in loans and grants to boost its reserves