AGP Executive Report
Last update: 7 hours agoBanking: Lebanon’s central bank revoked Bank Saderat Iran’s local license, saying it aims to shield the financial sector from sanctions-related risks. The bank had limited operations and was largely cut off from international payment networks. Energy Investment: Qatar and TotalEnergies plan to develop a major solar plant in Lebanon. Qatar says it will fund and implement the project without cost to the state, as Beirut seeks relief from an electricity sector burdened by debt and chronic power cuts. Doha also pledged broader support for Lebanon’s economy and southern reconstruction. Exports: Lebanon is targeting 100,000 tonnes of apple exports, using discounted shipping rates to help growers reach overseas markets.
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