
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.
Wednesday 23 September 2026 · Beirut 20:13
27 articles

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

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

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

The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial.

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

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

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

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

Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.

The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial.

Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.

The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.