A plane from Lebanese carrier Middle East Airlines lands at the Hamad International Airport in the Qatari capital Doha on June 12, 2017. AFP / KARIM JAAFAR
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Two weeks after a rift began between Qatar and several countries in the Gulf, questions have been raised if the sudden development would have a major impact on Lebanese expatriates working in the tiny but wealthy emirate.With the country's robust oil and natural gas industry, Wazni said that the strength of the country's industries will keep the economy afloat and minimize effects on Lebanese workers.According to data from fDi Markets provided by Byblos Bank, Lebanese greenfield foreign direct investment in Qatar totaled $80 million between January 2003 and April 2016 .According to data from the research department at Byblos Bank, Lebanese exports to Qatar totaled $75.5 million in 2016, accounting for 2.5 percent of the country's total exports.While Lebanese expats in Qatar may be feeling the short-term consequences of the country's isolation, Ghobril and Wazni agree that it's too soon to predict the long-term economic impact on remittances.
Preserving Lebanon’s Roman history
Revitalizing Tripoli trains to reconstruct Syria
Defense argues with chamber over legal protocol at STL
FOLLOW THIS ARTICLE