Middle East Economic Survey


No 29



CBL Plans To Sell Off MEA And Intra Investment

The Central Bank of Lebanon (CBL) plans to sell its shares in the national carrier Middle East Airlines (MEA) and Intra Investment Company as soon as the right conditions are in place, the CBL Governor Riad Salamah said last week, in an interview with The Daily Star. We can sell our entire stake in the commercial companies without going back to the cabinet, he said, because the CBL has the...