You are hereHome SectorsLebanon
Saudi Arabia warns citizens against travelling to Lebanon
Source: BI-ME with AFP , Author: Posted by BI-ME staff
Posted: Mon July 2, 2012 6:24 pm

SAUDI ARABIA. The Saudi foreign ministry issued on Saturday a travel restriction advisory to Lebanon, the official SPA news agency said.

“Due to the unstable security situation in Lebanon, the foreign ministry warns its citizens against traveling to Lebanon to maintain their safety, until further notice,” an unidentified high-ranking official in the ministry told the news agency.

Saudi ambassador to Lebanon Ali Awadh Asiri told the National News Agency that the travel warning to Lebanon is due to the recent security incidents including the burning of tires and blocking of roads.

“The kingdom is keen on not jeopardizing the safety of its citizens,” Asiri told the news agency.

He urged the political forces in Lebanon to exert efforts to preserve stability and security in the country.

Asked how the Saudi authorities’ decision would affect the Lebanese tourism season, Asiri said that “the intention behind this decision isn’t to harm Lebanon, but the safety of the Saudis is a priority for the Saudi leadership.”

The warning coincides with the tourist season in Lebanon, a major summer destination for nationals from the oil-rich Gulf region.

Lebanon has recently witnessed a series of incidents across the country and along the Lebanese-Syrian border.

In May, the United Arab Emirates, Qatar, Bahrain and Kuwait advised their citizens to avoid travel to Lebanon and urged their nationals currently present in the country to leave due to the unstable security situation.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 28, 2015
UAE. The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and the bears have continued to exploit each opportunity to increase selling pressure with the pair still looking technically vulnerable to further declines.
date:Posted: May 28, 2015
UAE. Low production costs for Middle East companies gives regional players significant competitive advantage in the low price segment of an oil "super cycle", according to the latest paper from global strategy and management consulting firm A.T. Kearney.
date:Posted: May 27, 2015
UAE. The private equity market in the Middle East has matured in the last five years in terms of deal structures, volumes and values, according to speakers at a debate organised by ICAEW's Corporate Finance Faculty in the UAE.
UAE. Low production costs for Middle East companies gives regional players significant competitive advantage in the low price segment of an oil "super cycle", according to the latest paper from global strategy and management consulting firm A.T. Kearney.
dhgate