22 Hrs
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الخليج
UAE and Lebanon seek strong ties
The article discusses the development of the economic and political relations between the United Arab Emirates and Lebanon. It highlights that the UAE was among Lebanon's largest investors from 2003 to 2016, with investments totaling $7.8 billion. It points out that the current challenge is shifting from support and aid to a sustainable investment partnership, which requires improving Lebanon's investment environment through reforms and strengthening transparency. The article also emphasizes enhancing cooperation in areas such as government management, institutional development, and facilitation of investment. It confirms that the relationship is heading towards establishing a long-term partnership based on political stability and Lebanese reforms, with Lebanon benefiting from the UAE's expertise in ports, energy, technology, and services to achieve sustainable economic growth.
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