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FRANCE LEBANON

While awaiting Beirut port reconstruction, CMA CGM turns attentions to northern port of Tripoli

A CMA CGM vessel leaving Marseille on August 25, 2020, to rescue Beirut. © NICOLAS VALLAURI /PHOTOPQR/LA PROVENCE/MAXPPP

With the restoration of Beirut port held up by the political crisis in Lebanon, the French shipping company CMA CGM is pressing on with its activities in the northern Lebanese port of Tripoli, a gateway to future business in Syria, while keeping one eye on the situation in the capital. [...] (381 words)

Issue dated 24/11/2020 Reading time 2 minutes

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Aponte
Badr Jafar
Beirut Container Terminal Consortium
Ceva Logistics
CMA CGM
DP World
Gulftainer Liban
International Port Management Beirut
Joseph Dakkak
Karen Bellamy
Karim Ali Arab
Logistics and Port Management America
MSC
Pearl Petroleum
Portia Ports Limited
Rodolphe Saadé
World Bank

Lebanese Tripoli opens new door to Chinese investors in Syria

Chinese companies have quietly moved into the Lebanese port of Tripoli, which is shaping up to become a strategic point on China's Belt and Road Initiative. Its proximity to Syria is a big attraction. [...]

Port of Tripoli, Lebanon. © Xinhua News Agency/Newscom/MaxPPP

Insiders UNITED ARAB EMIRATES 30/08/2021

Badr Jafar - the businessman 2.0 taking hold in the UAE

As at home in his brogues on a red carpet in New York's Upper East Side as in steel caps on an oil rig in Iraqi Kurdistan, the Emirati businessman Badr Jafar loves nothing more than singing the praises of his philanthropic endeavours and promoting the Middle-East youth. [...]

Badr Jafar loves nothing more than singing the praises of his philanthropic endeavours. © Twitter/@BadrJafar

LEBANON UNITED KINGDOM 27/07/2021

Siren Associates, linchpin of UK's security cooperation work, lands new deal in Lebanon

The FCDO has made public a £15m contract to Siren Associates to support Lebanon's Internal Security Forces (ISF), as the country sinks deeper into political and economic crisis. The British firm is an old hand at this kind of work. [...]

LEBANON 30/06/2021

CMA CGM has big plans for Lebanon

Already in the running to rebuild the port of Beirut, French shipping company CMA CGM has no intention of stopping there, despite the political and economic crisis which continues to hold Lebanon in its grip. [...]

The port of Beirut in April 2021. © Wael Hamzeh/EPA/Newscom/MaxPPP

IRAQ 24/05/2021

Iraqi Kurdistan's Khor Mor gas field extension attracts interest

After a period of inaction due to the Covid-19 pandemic restrictions, the expansion of the Khor Mor gas field is back on again, attracting the interest of oil traders who will have to navigate their way through local and regional rivalries. [...]

SYRIA 03/05/2021

Russia makes masked re-entry in Syrian offshore exploration

Syria wants back in the offshore exploration game and has called on Russia for help. Though keen to get a foot back in the sector, Moscow is treading very carefully for fear of US sanctions. [...]

LEBANON 26/04/2021

CMA CGM in pole position for Beirut port after German project rejected

The German project for the reconstruction of the Beirut port, launched with great pomp, has been rejected by the government. That leaves the French giant CMA CGM favourite to win the contract. [...]

SYRIA 10/02/2021

CMA CGM eyes Latakia, pushing its interests in the Mediterranean port industry

Russian and Iranian differences and China's caution have opened a breach for CMA CGM, which has spotted an opportunity in Latakia to pick up in Syria where it left off in 2011. [...]

UNITED STATES SYRIA IRAQ 16/12/2020

Delta Crescent serves as relay for Washington's oil interests in Kurdistan

Although Washington is championing sanctions against Syria, it is letting a US oil company do business there while placing its pawns in Iraqi Kurdistan. [...]

LEBANON FRANCE 02/12/2020

Paris sees window for central bank audit

With Alvarez & Marsal having thrown in the towel, France is looking to get directly involved to advance its agenda in Lebanon. [...]

SYRIA 18/11/2020

Damascus' supporters eager to get share of reconstruction cake Free

Ostensibly there to discuss the refugee issue, future reconstruction contracts in Syria were foremost in the minds of Bashar Al Assad's supporters gathered in Damascus earlier this month. [...]

Syrian President Bashar Al Assad at the opening of the conference for the return of refugees. © Ammar Safarjalani/Xinhua News Agency/Newscom/MaxPPP

SYRIA 29/09/2020

French businesses eye Syrian reconstruction opportunities, undeterred by sanctions

Some Western companies are determined to get a slice of Syria's reconstruction, which has been estimated at $200bn, regardless of economic sanctions. The French Office de Commerce et d'Industrie Franco-Syrien has signed up to attend the Rebuild Syria trade fair in Damascus. [...]

Insiders SYRIA 16/09/2020

Business leaders close to Bashar Al Assad eye reconstruction opportunities

As the Syrian conflict enters its final stages, the Damascus regime is preparing major contracts, much coveted by its donors, to rebuild the country. Syria's business landscape is undergoing big changes as tycoons who got rich during the war become caught up in the regime's political power struggles. [...]

The business network of Syria's postwar. © Indigo Publications/Intelligence Online

LEBANON 26/08/2020