“Gulf Arab states are looking to mend ties with Lebanon,” Kuwaiti Foreign Minister Sheikh Ahmad Nasser Al-Mohammad Al-Sabah said in Beirut where he was on an official visit during the weekend. The scene here was somehow ‘bright’, as the top Kuwaiti diplomat was presented as a ‘mediator’ whose visit was ...
With the advent of the former prime minister Rafik Hariri, Lebanon adopted the rentier economy policy which is based on supporting the services sectors at the expense of the productive ones. According to that policy, the banking sector was prioritized to the extent of raising the interest rates in order ...
