Latest news with #Emirati-LebaneseBusinessCouncil
LBCI
01-05-2025
- Business
- LBCI
A new era in UAE-Lebanon relations: Diplomatic reset and economic cooperation ahead
Report by Ghida Fayad, English adaptation by Mariella Succar A notable shift has occurred in the trajectory of bilateral relations between Lebanon and the United Arab Emirates, marked by the first official visit of Lebanese President Joseph Aoun to Abu Dhabi. During the visit, President Aoun held a summit with UAE President Sheikh Mohammed bin Zayed Al Nahyan. The talks were described as "extremely positive" and focused on enhancing cooperation across various sectors. One of the most significant outcomes of the summit was the UAE's announcement that it would lift the travel ban on its citizens visiting Lebanon—a restriction that had been in place for several years. The ban is expected to be officially lifted in the coming days, following the completion of logistical and technical measures to implement the political decision. Observers see this move as a signal of confidence in the beginning of a new phase of political and security stability in Lebanon, reinforced by Beirut's commitment to implementing measures that ensure the safety of both visitors and residents. According to information obtained by LBCI, the UAE will soon appoint an ambassador to Lebanon. A joint statement issued after the talks confirmed that the UAE would share its successful experiences in improving government performance and institutional excellence. A joint Emirati-Lebanese Business Council will also be established. The Abu Dhabi Fund for Development will also send a delegation to Lebanon to explore and assess opportunities for joint development projects. President Aoun's visit to the UAE is seen as the beginning of a new era in bilateral relations and may signal the start of Lebanon's re-engagement with the Arab world—particularly the Gulf—and its efforts to restore regional and international confidence.
Leaders
01-05-2025
- Business
- Leaders
UAE, Lebanon Deepen Economic, Diplomatic Ties
The United Arab Emirates and Lebanon have agreed to boost bilateral relations through a vast array of initiatives, according to Gulf News. The announcement was part of Lebanese President Joseph Aoun's working visit to the UAE to strengthen cooperation between both countries. President Sheikh Mohamed bin Zayed Al-Nahyan welcomed Aoun at Al-Shati Palace in Abu Dhabi. As for the new initiatives, they involve the formation of a joint Emirati-Lebanese Business Council, increased efforts to enhance mutual diplomatic representation, as well as support for Lebanon's economic development and institutional reform. During the meeting, both leaders also delved into how to enhance cooperation in economic, investment, and government sectors. In this context, the Abu Dhabi Fund for Development will send a delegation to Lebanon to evaluate potential joint projects. Furthermore, the UAE's Knowledge Exchange Office will make an official visit to Beirut in order to share best practices concerning government performance and institutional excellence. In the light of this, Sheikh Mohamed emphasized the UAE's dedication to supporting Lebanon's stability, security, and sovereignty. Moreover, he expressed hope that the visit would boost relations and accelerate mutual development goals. To this end, both countries also agreed to facilitate travel between their countries through appropriate mechanisms. In the same context, Al-Nahyan also revealed that the reopening of Emirati embassy in Beirut was a symbol of the country's commitment to supporting the new phase in Lebanon. Related Topics: Lebanon Thwarts Rocket Attack Plot Against Israel, Detains Suspects Saudi Crown Prince, Lebanon's PM Meet in Makkah Syria, Lebanon Sign Border Demarcation Agreement in Jeddah Short link : Post Views: 3
LBCI
01-05-2025
- Business
- LBCI
Lebanon's Ambassador to UAE says President Aoun's visit reinforces cooperation opportunities between Abu Dhabi and Beirut
Lebanon's Ambassador to the UAE, Fouad Chehab Dandan, confirmed that a joint statement was issued at the end of Lebanese President Joseph Aoun's working visit to the UAE. President Aoun met with UAE President Sheikh Mohammed bin Zayed during the visit. The joint statement reflected the deep fraternal ties between Lebanon and the UAE and the strength of their longstanding relationship. It emphasized cooperation in support of Arab unity and solidarity with Lebanon, especially in its efforts to maintain stability, national unity, and territorial integrity amid ongoing challenges. He noted that the Lebanese side appreciated the UAE's continued support during Lebanon's crises and welcomed the assistance provided across various sectors. The two sides also agreed to draw on the UAE's experience in enhancing government performance and institutional excellence, with a delegation from the Government Experience Exchange Office at the UAE Ministry of Cabinet Affairs scheduled to visit Beirut to help advance this goal. Ambassador Dandan noted that after years of restrictions, one of the most significant outcomes of the visit was the decision to lift the travel ban on Emirati citizens traveling to Lebanon. He said the ban will be officially lifted in the coming days, following the completion of necessary logistical and technical steps to implement the political decision. Dandan added that both sides want to raise diplomatic representation and have agreed to establish a joint Emirati-Lebanese Business Council. Additionally, a delegation from the Abu Dhabi Fund for Development will visit Beirut to assess and explore potential areas of cooperation. He stressed that these developments will enhance collaboration between Abu Dhabi and Beirut and restore the strong ties that once defined the relationship between the United Arab Emirates and Lebanon.
Arab News
01-05-2025
- Business
- Arab News
UAE, Lebanon agree to deepen economic and diplomatic ties during President Aoun's visit
DUBAI: The UAE and Lebanon have agreed to strengthen bilateral cooperation through a series of initiatives, state news agnecy WAM reported on Thursday. The initiatives include the formation of a joint Emirati-Lebanese Business Council, efforts to increase mutual diplomatic representation, and support for Lebanon's economic development and institutional reform. The announcement came during Lebanese President Joseph Aoun's working visit to the UAE, where he was received by President Sheikh Mohamed bin Zayed Al-Nahyan at Al-Shati Palace in Abu Dhabi. The two leaders discussed ways to expand cooperation in economic, investment, and government sectors. As part of this effort, the Abu Dhabi Fund for Development will send a delegation to Lebanon to assess potential joint projects, while the UAE's Knowledge Exchange Office will visit Beirut to share best practices on government performance and institutional excellence. Sheikh Mohamed reaffirmed the UAE's commitment to supporting Lebanon's stability, security, and sovereignty, emphasizing its strategic role within the Arab region. He expressed hope that the visit would bolster relations and advance mutual development goals. The UAE president also said the reopening of its embassy in Beirut was a symbol of the country's commitment to supporting Lebanon's new phase. Both sides also agreed to facilitate travel between their countries through appropriate mechanisms. The leaders exchanged views on regional developments and stressed the importance of Arab unity and security. President Aoun thanked the UAE for its longstanding support and expressed readiness to enhance bilateral ties.
