Spotlight
With support from the Lebanon Trade and Investment Facilitation (TIF) activity, funded by the United States Agency for International Development (USAID), Toters -- the leading Lebanese marketplace, e-grocery, and delivery app -- raised $18 million in equity investment from international and local investors.
The TIF activity supported the investment readiness of Toters by providing valuation analysis, facilitating investor outreach, and conducting deep-dive market analysis. This USAID-supported transaction sets the stage for Toters’ growth plans and enables the company to scale operations and expand in local and regional markets, a statement issued by TIF said.
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Israeli Prime Minister Yair Lapid has hinted that Hezbollah’s launching of three unarmed drones towards the Karish gas field on Saturday was not the first such activity, mentioning that there had been “multiple attacks.”
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The UK Minister for the Armed Forces, James Heappey MP, conducted a one-day visit to Lebanon yesterday. This was Minister Heappey’s first visit to Lebanon where he saw first-hand how UK projects support the Lebanese Armed Forces in “their mission to maintain stability across Lebanon,” the British embassy said.
Full StoryFree Patriotic Movement chief Jebran Bassil announced Tuesday that There is “a big chance for a real solution” in the file of the sea border negotiations with Israel.
“The FPM is fully with seizing this chance and the dispute gap is narrowing, but the (Israeli) answers are still unclear,” Bassil said after a meeting for the Strong Lebanon bloc.
Full StoryLebanese Forces leader Samir Geagea has stressed that he does not want to become the president of an “inexistent republic.”
“Being an ordinary citizen in a serious and strong state is better than being the president of an inexistent republic,” Geagea said in an interview with Euronews, when asked whether he might stop criticizing Hezbollah’s arms in order to become president.
Full StoryIsraeli Prime Minister Yair Lapid on Tuesday accused Hezbollah of “jeopardizing stability in the region” and warned that Israel “will not stand idly by in the face of any attacks,” three days after the Iran-backed party launched three drones towards the Karish offshore gas field.
“We will not turn a blind eye to Iran's arming of Hezbollah with missiles and drones,” Lapid added at a joint press conference with French President Emmanuel Macron following talks at the Elysee.
Full StoryPrime Minister-designate Najib Mikati held talks Tuesday with Speaker Nabih Berri in Ain el-Tineh.
Al-Jadeed television reported that the meeting was aimed at holding consultations over the cabinet formation process.
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The Lebanese government “needs to rein in Hezbollah” or else Israel “will be forced to do so,” Israeli Prime Minister Yair Lapid warned on Tuesday, as he headed to France for an official visit.
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Hezbollah's "Iranian drones geographically flew towards the Karish field" on Saturday, "but politically they overflew the Baabda Palace," MP Pierre Bou Assi of the Lebanese Forces said on Monday.
Full StoryThe Lebanese state on Monday distanced itself from the drones that Hezbollah sent Saturday towards the Karish offshore field, saying “any act outside the state’s responsibility” is “unacceptable” and dangerous.
The statement was issued by Prime Minister-designate Najib Mikati’s office after the premier met with caretaker Foreign Minister Abdallah Bou Habib, who is close to President Michel Aoun.
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