Saudi - Lebanese agreement at US $100 million for investments

Lebanese Prime Minister Salim al-Hoss on Monday concluded talks with Saudi officials and that he would return to Beirut today a report by the Lebanese National News Agency said.

The report quoted Saudi television as saying that King Fahd Bin Abdul Aziz briefed the Saudi Cabinet during his Monday meeting on the content of the talks he held with al-Hoss which concentrated on "strengthening relations between the two sisterly countries."

Al-Hoss main's talks came on Monday with chairman of the Saudi Fund for Development, Muhammad Bin Abdullah al-Sqqeir. During the meeting al-Hoss highlighted projects set up by the Lebanese development and construction council to be implemented in several Lebanese areas. These projects cover water, sewage, dams and road construction.

The agency added that al-Sqqeir asked for a list comprising projects Lebanon intends to carry out, noting that in light of his study of the said list, a delegation from the Saudi fund will visit Lebanon within a month to sign an agreement at a value of US $ 100 million.