lebanon
Egyptian Foreign Minister highlighted the importance of completing the constitutional obligations to achieve stability in Lebanon, Abu Zeid added.
He added that the World Bank has set a ten-term condition, the most prominent of which is increasing the tariff price. He noted that Lebanon already has formulated how the new tariff will cover the expenses.
Samir elaborated that Lebanon ranks 13th for the countries investing in Egypt.
Shuqair urged investors to visit new economic zones in Egypt to get firsthand information about the volume of achievements there.
Lebanese Minister of Interior, Bassam Mawlawi, appealed to depositors of Lebanese banks not to use violence to restore their money.
Hafez attributed her action to the inability to pay the cost of the treatment of her ill sister, which pushed her to withdraw her frozen deposit.
Elissa to perform in Lebanon on July 30
Egypt, Lebanon and Syria, on June 21, signed an agreement to transport 650 million cubic meters of gas annually from Egypt to Lebanon via Syria, in a ceremony held at the Lebanese Ministry of Energy in Beirut.
Under the agreement, the gas will be pumped through a pipeline to the Deir Ammar power station in northern Lebanon, where it can add about 450 megawatts to the grid, equivalent to about four additional hours of electricity per day.
The deal would ease the electricity crisis that the Lebanese people are suffering from.
Qabaj visited the Lebanese capital, Beirut, within the delegation of the executive bureau of the Council of Arab Ministers for Social Affairs.
Lebanese diaspora in eight Arab countries (Egypt, Saudi Arabia, Syria, Kuwait, Qatar, Bahrain, Jordan, Oman, and Baghdad) along with Iran cast their votes on Friday. Meanwhile, the other expats in other 48 countries will cast their ballots on Sunday.
“Egypt affirms its support for Lebanon in this painful incident, wishing a speedy recovery for the survivors and the injured, stressing at the same time the need for concerted efforts by the international community to put an end to the phenomenon of illegal immigration boats,” the statement said.
Mahmoud Ezat is the former deputy Supreme Guide of the outlawed Muslim Brotherhood.
Egypt’s Minister of Petroleum Tarek El Molla, received on Friday his Lebanese counterpart Walid Fayyad and the accompanying delegation, currently visiting Cairo.
Lebanese Energy Minister Walid Fayad said his country is close to signing a contract in the coming days to import natural gas from Egypt after getting the World Bank's funding.
Salama clarified that the Banque du Lebanon is still exercising its role entrusted to it under Article 70 of the Monetary and Credit Law, explaining that it will continue to do so, despite the losses that afflicted the financial sector in Lebanon.
According to the Corporate Finance Institute, bankruptcy means the government fails to make debt and interest payments when due. Failure to pay debts owed to creditors may be accompanied by an official announcement by the government that it will not pay the outstanding debts, or it may sometimes occur without any official announcement.
Lebanese Deputy Prime Minister Saada Al-Shami announced, Monday ‘the bankruptcy of the state and the Central Bank of Lebanon’.
The president received Cardinal Bechara Boutros al-Rahi, at Al Itihadiyah Presidential Palace.
