2008-02-24 - AME Info - Saudi investments worth more than 18bn riyals ($4.8bn) have been withdrawn from Lebanon over the past few years, reported Gulf News. At the same time, the number of Lebanese being recruited to work in the kingdom has also come down, said Abdul Mohsen Al Hokair, head of the Saudi side at the Saudi-Lebanese Business Council. He attributed this to what he called 'the fallback in the confidence of the future of the Lebanese economy' following the escalation of the political crisis and lack of security.  

View full article...