INSEAD Day 4 - 728x90

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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

UAE to lift three-year Lebanon travel ban: statement

US software firm Palantir launched a joint venture with the Dubai government's investment arm.
  • The decision was announced a day after Lebanese President Joseph Aoun met with his UAE counterpart Mohamed bin Zayed in Abu Dhabi.
  • In 2021, the UAE imposed a travel ban on its citizens and withdrew diplomats from Beirut in solidarity with Riyadh after a Lebanese minister criticized Saudi intervention in Yemen.

Dubai, United Arab Emirates — The United Arab Emirates will lift a ban on its citizens travelling to Lebanon that was imposed during a diplomatic row in 2021, according to a joint statement on Thursday.

The decision was announced a day after Lebanese President Joseph Aoun met with his UAE counterpart Mohamed bin Zayed in Abu Dhabi.

“The two sides agreed to allow citizens to travel after taking necessary measures to facilitate movement between the two countries and putting in place appropriate mechanisms,” the statement said.

In 2021, the UAE imposed a travel ban on its citizens and withdrew diplomats from Beirut in solidarity with Saudi Arabia after a Lebanese minister criticized the Riyadh-led military intervention in Yemen.

Lebanese citizens were not banned from travelling to the UAE, although some experienced difficulties obtaining visas.

The Abu Dhabi Fund for Development, which supports infrastructure projects in developing countries, will send a delegation to Lebanon to study potential joint projects, the statement said.

Ties between Beirut and Abu Dhabi soured in the past decade over Hezbollah’s influence on Lebanon.

But with the group weakened by its recent war with Israel, the UAE is the latest Gulf country to renew its interest in Lebanon.

In March, Saudi Arabia said it would review “obstacles” to resuming Lebanese imports and ending a ban on its nationals visiting Lebanon.

That announcement came after Aoun met Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman in Riyadh on his first trip abroad since taking office in January.

Aoun, the preferred candidate of both Riyadh and Washington, was elected after the weakening of Hezbollah and the overthrow of the group’s ally Bashar al-Assad in Syria shifted the balance of power in Lebanon.