High hopes as Lebanon PM seeks UAE cash for ailing economy


  • World
  • Monday, 07 Oct 2019

FILE PHOTO: Lebanese Prime Minister-designate Saad al-Hariri speaks during a news conference in Beirut, Lebanon, November 13, 2018. REUTERS/Mohamed Azakir/File Photo

ABU DHABI (Reuters) - Lebanon hopes the United Arab Emirates will inject cash into its central bank to help shore up the ailing economy, Prime Minister Saad al-Hariri said on Monday on a visit to the Gulf state in which leaders sought a deal behind closed doors.

Abu Dhabi is hosting a conference at which heavily indebted Lebanon is seeking partnerships and investments in food, infrastructure, oil and gas, and renewable energy.

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