Bukhari: Saudis barred from investing in Lebanon before president election

Saudi Ambassador to Lebanon Walid Bukhari has told those he met in recent weeks that the kingdom has prevented Saudi businessmen from investing in Lebanon before the election of a new Lebanese president, a media report said.

“The kingdom has stood in the way of hundreds of Saudi investors who had recently expressed their desire to invest in Lebanon,” al-Akhbar newspaper quoted Bukhari as saying.

Saudi authorities “prevented them from transferring money to it before the election of a president,” the ambassador reportedly added.

Separately, Bukhari told those he met that Saudi Arabia and Iran have agreed that they “both would not interfere in the presidential election.”