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The challenges of a Sovereign Wealth Fund, a Public Asset Management Company (PAMC) or a Sovereign Investment Trust Fund (SITF)

Michel Fayad I proposed the creation of a Sovereign Wealth Fund to manage the state’s assets and ownership in mid-December 2019 in the columns of An Nahar, following the advice of Dr. Fouad Abou Nader: In 1967, the Lebanese Parliament passed the Intra Law , which set new rules and. ....

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Pitch for peace: Lebanese MPs mark civil war anniversary with football friendly

BEIRUT: Lebanese politicians have marked the 48th anniversary of the country’s civil war a 15-year conflict that cost more than 120,000 lives and forced 1 million people to flee by playing a football match. Former energy and water minister Nada Boustani was among MPs from different political backgrounds who took to the pitch in the friendly contest against members of the ....

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Calm returns to southern Lebanon after Israeli bombing

BEIRUT: Caution prevailed on both sides of the border between southern Lebanon and Israel on Friday after Israeli airstrikes at dawn, which caused material damage but no reported casualties. Lebanon announced that it has decided to file a complaint with the UN Security Council, protesting Israel’s “flagrant violation of its sovereignty,” and claiming that Israel had ....

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