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Lebanon is a popular tourist destination for millions of Arabs, Lebanese expats and international travellers but Israel-Hezbollah fighting is casting a shadow.
![neom the line [youtube]](/sites/default/files/styles/large_16_9/public/media/images/B096AD62-3898-49FE-80C8-942A810FD40C.jpg?h=d1cb525d&itok=aFEoklGR "neom the line [youtube]")
Saudi Arabia is seeking to draw major international investment toward its NEOM mega project, amid reports of a slowdown in its ambitious plans.
Israel's bombardment of the Gaza Strip, which has killed 6,546 Palestinians, has threated to spill over regionally into Lebanon following clashes with Hezbollah, and Egypt as Israel demands Gazan's move southwards towards the Rafah border crossing.
The war between Hamas and Gaza has increased the risks of insuring the assets of airlines who are based in, and flying into, both Israel and Lebanon.
Lebanon received a multimillion-dollar donation from China to install solar energy for the country’s beleaguered internet provider, the Ministry of Telecommunications said on Tuesday.
Lebanon's deeply divided political class had failed to name a successor to longtime central bank chief Riad Salameh. According to Lebanese law, the first vice governor would take over in the absence of a governor.
Lebanon's central bank vice governors have proposed lifting the peg on and floating the local currency later this year, days before the governor's three-decade long tenure comes to an end.
Lebanon was scored as only partially compliant in several categories, including anti-money laundering measures, transparency on beneficial ownership of firms and mutual legal assistance in asset freezing and confiscation.
TotalEnergies will begin drilling and exploring for gas in Lebanese waters this year, the company said.
Lebanon's currency has nosedived by 70 percent from January to March, with the Egyptian pound down nearly 20 percent against the US dollar.