VOL. XLIV
No. 06
5-February-2001
LEBANON
Lebanon To Sell Its Stake In IICAnd Restructure Middle East Airlines
Lebanese Minister of Finance FuadSiniora announced on 29 January that the government plans to sell its stake inIntra Investment Company (IIC) and restructure Middle East Airlines (MEA) thisyear as part of an effort to reduce government expenses. The Ministry ofFinance and the Central Bank of Lebanon (CBL) hold a 48% stake in IIC, whichruns Casino du Liban and the Finance Bank and owns...
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