Lebanon: reconstruction or destruction?
Having secured more than $11bn in international loans and grants, the Beirut government is hoping its economic plans aren't blown away by another war
There was a general feeling of satisfaction when the recent Lebanon donors' conference in Paris came to an end. The Lebanese government had received international promises of $11.5bn to boost the ailing economy and rebuild the country's infrastructure, crumbling after decades of warfare and neglect. Prime Minister Saad Hariri praised the global community for its "clear and concrete indication of support". French President Emmanuel Macron spoke of the "unprecedented mobilisation" on Lebanon's behalf. "At a time when the Levant probably lives one of the worst moments of its history," Macron went on, "it's more important than ever to preserve the most precious asset: a peaceful, diverse and har
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks