AGP Executive Report
Last update: 8 hours agoEconomic Pulse: Bank Audi reports a slight third-quarter recovery after a weak spring: airport arrivals fell 5.8% year on year, compared with a 44.4% drop in the second quarter. Fresh deposits reached $5.65 billion in August, but the Finance Ministry forecasts a 7.5% GDP contraction this year, and IMF talks remain challenging. Infrastructure & Investment: Public Works Minister Fayez Rasamny wants to expand Beirut and Tripoli ports, start commercial flights at Kleyate airport by mid-November and develop bus and rail links. He says outdated laws and short concession limits are blocking major projects. Trade & Energy: Lebanon and Oman signed an agriculture deal to encourage investment and expand market access. Qatar is advancing an electricity project that could supply up to 3,000 megawatts and has announced a major solar plant.
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