Saudi, UAE want to invest in Lebanon, says Hariri

18/08/2019 Argaam

 

Saudi Arabia and the United Arab Emirates are looking to invest in infrastructure projects in Lebanon, Reuters reported, citing Lebanese Prime Minister Saad Al Hariri.

 

“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 said during a visit in Washington.

 

He added that talks were under way with Riyadh on some 23 economic deals, it said.

 

Lebanon plans to raise $11 billion, pledged at the Cedre” donor conference in Paris last year, by accelerating reforms in order to help restore its sluggish economy. 

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