VOL. XXXIX

No. 6

11-November-1995

LEBANON

Lebanon Sets Up $100Mn Private Investment Fund

Lebanon Invest, a leading investment bank in Beirut, announced on 26 October plans for a $100mn fund which will raise capital on international markets to help finance long-term investment projects in Lebanon. The head of Lebanon Invest, Dr. Marwan Ghandour, said that the fund should serve as "a propeller in the Lebanese financial system" to promote and finance deals. Dr. Ghandour added that the...