Lebanon pound hits historic low of 100K to dollar kuwaittimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuwaittimes.com Daily Mail and Mail on Sunday newspapers.
Lebanon was long viewed as the Switzerland of the Middle East. Until relatively recently, billions were deposited in its banks. Gulf states were among the foremost investors in Beirut. But this all came to an end in 2019. Now the troubled nation is gripped by the worst economic crisis in its history. Birgit Svensson reports from Beirut and Tripoli
Over the last few days, we have been in anguish due to the devastating consequences of the earthquakes that hit Turkiye and Syria. The sisterly country Syria granted a lot of favors to Kuwait, unlike many other countries, which have been receiving loads of aid from Kuwait since the liberation in 19
Lebanon was long viewed as the Switzerland of the Middle East. Until relatively recently, billions were deposited in its banks. Gulf states were among the foremost investors in Beirut. But this all came to an end in 2019. Now the troubled nation is gripped by the worst economic crisis in its history. Birgit Svensson reports from Beirut and Tripoli