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FinancialNews


  • 21-11-20

    USD9.8 mln bestowed for reconstruction of damaged Lebanese schools, universities

    (MENAFN)

    On Thursday, Nov. 19, an accord was inked by Qatar with Lebanon on offering USD9.8 million for reconstructing the schools and universities impacted by the August blasts in Lebanon's capital Beirut.

    According to a report on the website of the Elnashra news, the accord was inked by Qatar Fund For Development (QFFD) with the Lebanese Ministry of Education and Higher Education.

    The money will be spent by the QFFD on repairing 55 schools, 20 centers for education and training in the technological and artistic subjects and three universities in the country.

    The Qatari Embassy in Lebanon stated in a declaration: "this amount constitutes part of the 50 million U.S. dollars pledged by the Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, during the donors conference in Paris in contribution to the reconstruction of Beirut after the port's explosion."

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