BEIRUT, Sept 4 (NNN-NNA) – Lebanon’s Prime Minister, Saad Hariri, will visit the United Arab Emirates (UAE) in Oct, to explore business opportunities in the country, UAE Ambassador to Lebanon, Hamad Bin Saeed Al Shamsi, said Tuesday.
“The visit will aim at attracting Emirati investments to Lebanon,” Al Shamsi said in a statement, released by Al-Iktissad Wal Aamal Group.
The ambassador made the remarks at a gathering held by the group in his honour.
Raouf Abou Zeki, president of the group, said, the coming period will witness improvement in Lebanon-UAE ties, especially following Hariri’s visit and a flow of investment to the country, within the CEDER framework.
CEDER refers to the international conference hosted by France in Paris in 2018, to support Lebanon’s development and reforms, during which international donors pledged to provide Lebanon with 11 billion U.S. dollars in loans and donations, on condition that the country conducts serious reforms.
Abou Zeki noted that, Lebanon-UAE ties are excellent, as the UAE hosts a big number of Lebanese working in different sectors of the economy in the Gulf state.– NNN-NNA
