October 7, 2019 / 9:14 AM / a month ago

UAE economy minister says Lebanon's investment climate more settled

DUBAI, Oct 7 (Reuters) - The United Arab Emirates (UAE) government believes Lebanon’s investment climate is becoming more “settled,” said the UAE economy minister on Monday.

When asked whether the UAE was readying a financing for Lebanon - which has one of the world’s highest debt burdens - Sultan bin Saeed Al Mansouri said “that has to be discussed with the government and they’ll make the right decision.”

He was speaking to reporters on the sidelines of a Lebanon investment conference in Abu Dhabi.

Reporting by Stanley Carvalho Writing by Davide Barbuscia Editing by Raissa Kasolowsky

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