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450,000 Lebanese in the Gulf haunted by concerns

28-6-2017

On Tuesday, Al Diyar newspaper highlighted the fears haunting businesspeople working in GCC countries especially those bound by multiyear construction contracts. According to the newspaper, some 400,000 to 450,000 Lebanese work in GCC countries mostly in KSA (120,000), followed by UAE (90,000), Kuwait (50,000), Qatar (25,000) and a few thousands in Oman and Bahrain. The newspaper added that the Lebanese economy is organically linked to these countries and Lebanese working there send some 4 billion USD year in remittances to their families. The newspaper concluded that the work of Lebanese in GCC countries has yet to be affected by the political turbulence in this area. (Al Diyar, June 25th 2017)

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