AGP Executive Report
Last update: 18 minutes agoEnergy Investment: Qatar and Lebanon agreed on a framework to overhaul electricity generation and modernize the power grid, with Qatar financing, building and operating the project without upfront cost to the Lebanese treasury. QatarEnergy and TotalEnergies are also planning a solar plant as an initial project. Banking: Lebanon revoked the local license of Bank Saderat Iran, a move reported amid US pressure as scrutiny of the bank’s financial network continues. Economic Outlook: The IMF expects a team to visit Lebanon in November, as the country seeks support amid a deep economic crisis. Business Events: HORECA Lebanon is set to return in November for its 30th edition, bringing the hospitality and food-service sectors together.
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