Close Menu
    Facebook X (Twitter) Instagram
    Saturday, May 24, 2025
    961
    Instagram Facebook LinkedIn TikTok
    • Breaking News
    • Guides
    • Food & Drink
    • Listicles
    • Join the Team
    • Whatsapp
      • 961
      • 961 News
    • AUB Outdoors ☀️
    Advertise with Us Get the App
    961
    Home»News
    3 Mins Read

    Conference in Abu Dhabi to Usher Direct Investments in Lebanon

    By Christie K.October 6, 2019Updated:March 5, 2020
    Facebook WhatsApp Copy Link

    The UAE investments in Lebanon are not something new. The UAE has been heavily investing in Lebanon’s real estate and commercial sectors for decades, with the most recent data recording its investments at 11% of the total FDI inflows to Lebanon. This conference comes to convene both UAE and Lebanese investors in the presence of officials from both countries, to discuss investments in Lebanon.  

     

    A Lebanese delegation of six ministers, as well as directors-general and government officials, led by PM Saad Hariri, will partake coming Monday in the second UAE-Lebanon Investment Conference in Abu Dhabi, which is held under the auspices of the UAE Ministry of Economy and Abu Dhabi Chamber of Commerce and Industry.

    Via Gulf News

    Lebanese Ambassador to the UAE Fouad Chehab Dandan and UAE Under-Secretary of the Ministry of Economy for Foreign Trade and Industry Abdulla Al Saleh met to finalize the preparations of the conference, and that in coordination with UAE Ambassador to Lebanon Hamad Saeed Sultan Al Shamsi, officials from Abu Dhabi Chamber of Commerce, and a number of Lebanese economic experts.

     

    Starting Monday, Oct 7th,  Emirati and Lebanese investors will convene in several sessions and workshops in the presence of Lebanese officials and a high-level Emirati which name hasn’t been disclosed yet.

    It is worth noting that the UAE has been persistent in maintaining its position as a leading investor in Lebanon with its foreign direct investment (FDI), hence the upcoming joint investment forum.

    Via Gulf News Journal

     

    According to the Investment Development Authority of Lebanon (IDAL), Foreign Direct Investment (FDI) flows to Lebanon jumped by 14% to $2.88 billion in 2018, compared to $2.52 billion in 2017. It is estimated that 29% of FDI inflows to Lebanon came from the Middle-East.

    Via NNA

    UAE Ambassador to Lebanon Al Shamsi commented to the Gulf News, “The UAE is also looking to expand investments to other areas, such as energy and free zones because the UAE believes that Emirati investments in Lebanon will increase the confidence of investors from other countries to enter the Lebanese market, which will help Lebanon overcome its current economic conditions.”

     

    Al Shamsi also revealed that the bilateral trade between the two countries during the first seven months of 2019 stood at $598 million. Exports from Lebanon were estimated at $255 million and exports from the UAE were about $343 million.

    Via UrduPoint

    Al Shamsi expressed his confidence in that the coming UAE-Lebanon Investment Forum “would usher in a new era of investment in Lebanon, with the participation of both the private and public sectors and supported by the Lebanese government.”

     

    He ascertained that the bilateral relations between Lebanon and UAE are at their best, hence the conference, which reflects ‘the interest of the UAE leadership in Lebanon.’

    Via Abu Dhabi Chamber

    He also stressed that his country is ready to assist in managing future projects in Lebanon by sharing its management expertise and the skills of its private sector, including major Emirati companies.

     

    With that aim in mind, the UAE intends as well to actively participate in the upcoming CEDRE international conference in support of Lebanon’s development and reforms.

    In that context, take a look at the 10 Reasons Why Foreign Investors Are Loving Lebanon.

    Follow @the961 on Instagram!

    Share. Facebook Twitter LinkedIn WhatsApp Reddit Email

    For You

    visa whish money partnership

    Visa and Whish Money Just Partnered To Push Digital Payments in Lebanon and Abroad

    uae travel ban lebanon 961

    UAE Is Officially Removing The Travel Ban On Lebanon

    Joe Issa El-Khoury 961

    Who is Joe Issa El-Khoury, Lebanon’s New Minister of Industry

    Tamara El-Zein 961

    Who is Tamara El-Zein, Lebanon’s New Minister of Environment

    Adel Nassar 961

    Who is Adel Nassar, Lebanon’s New Minister of Justice

    Nizar Hani 961

    Who is Nizar Hani, Lebanon’s New Minister of Agriculture

    Ampere Cinema Reopens Its Doors In North Lebanon After 28 Years Of Absence

    20 Celebrities You Probably Didn’t Know Had Lebanese Roots

    April 22, 2019
    saint levant aub outdoors 2025 961

    Saint Levant Is Officially Headlining AUB Outdoors 2025!

    May 7, 2025
    aub outdoors 2025

    Here’s Everything You Need To Know About AUB Outdoors This Weekend

    May 21, 2025

    Lebanon’s Shawarma Is Going Viral in The Philippines

    April 21, 2019
    Tamara El-Zein 961

    Who is Tamara El-Zein, Lebanon’s New Minister of Environment

    February 11, 2025

    10+ Day Trips You Can Take In Lebanon That Are 30 Mins, 1 hour, And 2 Hours Away From Beirut!

    June 12, 2017
    dew apparel nada koussa miss lebanon 961

    Miss Lebanon Nada Koussa Just Launched A Sportswear Brand

    May 3, 2025

    20 Typical Lebanese Slang Expressions

    April 21, 2020
    Lebanese boutiques

    25 Boutiques In Lebanon To Find Your Dream Evening Dress This Wedding Season

    June 9, 2024
    961 Logo
    Facebook WhatsApp TikTok Instagram

    Popular Topics

    • Guides
    • Eat & Drink
    • Listicles
    • Lebanon News
    • Diaspora
    • Explained

    961

    • About
    • WhatsApp Channel
    • News WhatsApp Channel
    • Corrections Policy
    • Ownership & Funding

    Services

    • Advertise
    • Careers
    • App Waitlist
    • Contact Us
    • Newsletter
    961™ | All Rights Reserved ©2025
    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Okay