
The UAE expands a gas exploration deal
The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.
Thursday 24 September 2026 · Beirut 01:33
Gulf Correspondent
Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.
16 articles

The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.

The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.

The announcement lifted shares in the sector by as much as four percent in early trading.

Economists expect inflation to ease into single digits by year end if the exchange rate holds.

Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli.

Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.

The announcement lifted shares in the sector by as much as four percent in early trading.

A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.

A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.

Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.

Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.

Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.