The relief package aims to support the Lebanese people amid the nation’s current challenges
Lebanon aid
In pictures: UAE sends emergency medical aid to Lebanon
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has directed the 30 tonnes of emergency medical assistance to Lebanon to help healthcare facilities treat victims of the massive explosions in Beirut.
Video: Lebanon’s political structure needs to be changed, says Prince Turki Al Faisal
What happens in Lebanon affects everyone in the region, Saudi Arabian Prince Turki Al-Faisal told CNBC’s Hadley Gamble at the Munich Security Conference.
Lebanon on debt tightrope as S&P sets clock ticking to downgrade
S&P said that a continued decline in bank deposits – a key source of the government’s funding – could trigger a downgrade
Lebanese delegation requested Saudi aid, former premier says
Saudi Arabia began mending ties with Lebanon earlier this year when it lifted a travel advisory imposed in 2013
Lebanon’s PM Hariri warns of unprecedented austerity in 2019
Lebanese Prime Minister Saad Hariri said the country would be heading to an economic catastrophe if the government fails to implement harsh reform measures in this year’s spending plan.
Lebanon approves plan to provide electricity 24 hours a day
The decision is a step towards unlocking billions in aid pledged to Lebanon in exchange for slashing public spending and overhauling the electricity sector
Lebanon’s brief morale boost is giving way to frustration among investors and creditors
Lebanon’s economy is creaking under the strain of public debt, which the World Bank has warned is on ‘an unsustainable path’
Lebanon expects allies to help maintain pound’s stability
Saudi Arabia’s finance minister saying last month that the kingdom would support Lebanon ‘all the way’
Lebanon should consider debt restructuring, says Franklin Templeton
A debt overhaul needs to be part of a reform programme backed by lenders such as the International Monetary Fund, according to Franklin Templeton Investments
Hariri warns Lebanon must form govt after months of deadlock
The slow process has worried observers, as the economy is teetering on the brink of disaster, hit hard by the fallout from the conflict that has ravaged neighbouring Syria since 2011
Lebanon entering ‘financial crisis’ prompts finance minister’s dire call
A political stalemate that’s delayed formation of a government seven months after elections is undermining plans for reforms that would unlock $11 billion in aid for Lebanon