INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Lebanon looks to import gas from Egypt

Lebanon Prime Minister Najib Mikati,
  • Mikati held a meeting with Egyptian Prime Minister Dr. Mostafa Madbouly in Sharm El-Sheik on Monday
  • Dr. Madboulyr informed Mikati that Egypt was preparing a shipment of medical and food aid to be sent to Lebanon by sea

Lebanon Prime Minister Najib Mikati, who is on an official visit to Egypt discussed the prospect of importing gas from the country. 

Mikati held a meeting with Egyptian Prime Minister Dr. Mostafa Madbouly in Sharm El-Sheik on Monday in the presence of an accompanying Lebanese official delegation including Minister of Youth and Sports, George Kallas, and Lebanon’s Ambassador to Egypt, Ali Al-Halabi. 

On the Egyptian side, Egyptian Minister of Energy, Mohamed Shaker, and Egyptian Minister of Petroleum, Tarek El-Molla, attended the meeting. 

Discussions reportedly focused on the process of exporting Egyptian gas from Egypt to Lebanon.

Meanwhile, both sides agreed to sign a preliminary agreement between Lebanon, Egypt, Jordan, and Syria.  

Dr. Madboulyr informed Mikati that Egypt was preparing a shipment of medical and food aid to be sent to Lebanon by sea. 

It was also agreed to export Lebanese agricultural produce to Egypt.