Middle East Economic Survey

VOL. LII

No 41

12-Oct-2009

LEBANON

Growing FDI And Tourism Boost Lebanese Economy

Lebanons economy is projected to see a 7% growth in GDP for 2009, according to Nabil Itani, Chairman and General Manager of the Investment Development Authority of Lebanon (IDAL). Speaking on 7 October at a panel discussion in Dubai entitled Lebanon and North Africa: A Safe Haven, Mr Itani cited a sustained increase in foreign direct investment (FDI) and a boom in tourism as principal...