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Union of Arab Banks may invest in battered Lebanon

Union of Arab Banks may invest in battered Lebanon
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Lebanese economy minister affirms positive intentions in requesting Kuwait s aid-Xinhua

Lebanese economy minister affirms positive intentions in requesting Kuwait s aid-Xinhua
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Lebanese PM: Kuwait always helps Lebanon

Lebanese PM: Kuwait always helps Lebanon
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Lebanon: Minister s Remarks on Aid Trigger Crisis with Kuwait

A statement made by Lebanon’s caretaker economy minister Amin Salam, triggered a diplomatic crisis with Kuwait after he urged the Gulf nation to fund the reconstruction of Beirut’s wheat silos, a statement which Kuwait said is “incompatible”. On Wednesday, Salam suggested that Kuwait could fund the reconstruction of Lebanon’s main wheat silos, which were destroyed in the Beirut Port explosion three years ago, “with the stroke of a pen.” In 1969, the silos were built with a grant from the Kuwait Fund for Arab Economic Development.

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