– Lebanon is seeking investments from the United Arab Emirates to help support its ailing economy, Prime Minister Saad al-Hariri said on Monday during a visit to Abu Dhabi, while one of his advisors told Reuters the mood was “positive.”
Addressing an investment conference in the Emirati capital, Hariri said he sought investments in food, infrastructure, oil and gas, and renewable energy. Lebanon is preparing to sell a Eurobond of around $2 billion this month, with cash raised earmarked for refinancing maturing debts and shoring up shaky public finances.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: manilabulletin - 🏆 25. / 51 Read more »