Lebanon: reconstruction or destruction?
Having secured more than $11bn in international loans and grants, the Beirut government is hoping its economic plans aren't blown away by another war
There was a general feeling of satisfaction when the recent Lebanon donors' conference in Paris came to an end. The Lebanese government had received international promises of $11.5bn to boost the ailing economy and rebuild the country's infrastructure, crumbling after decades of warfare and neglect. Prime Minister Saad Hariri praised the global community for its "clear and concrete indication of support". French President Emmanuel Macron spoke of the "unprecedented mobilisation" on Lebanon's behalf. "At a time when the Levant probably lives one of the worst moments of its history," Macron went on, "it's more important than ever to preserve the most precious asset: a peaceful, diverse and har

Also in this section
22 May 2025
The next energy crisis could come from the severing of the link between oil and gas prices, with potentially severe economic consequences
22 May 2025
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections
21 May 2025
From the upstream sector to the end-users, gas is no longer seen as a transition fuel or an afterthought, executives told attendees at the World Gas Conference
21 May 2025
Integrated refining and petrochemicals company highlights strategic flexibility amid trade war risks and long-term planning to futureproof business, says CEO Prabh Das