EU Ambassador expresses deep concern over Lebanon's fast deterioration
August 26, 2021, 1:55 pm

EU Ambassador expresses deep concern over Lebanon's fast deterioration

Lebanon flag

The Xinhua news agency reported, the EU Ambassador to Lebanon Ralph Tarraf said on Thursday, while urging Lebanese leaders to form a government, the European Union (EU) expressed on Thursday its deep concern at the rapid deterioration of the crisis in Lebanon.

"We feel extreme concern about the rapid deterioration of the economic, financial, security and social crisis," Tarraf said after meeting President Michel Aoun, carrying an urgent message from EU foreign policy chief Josep Borrell.

Tarraf said that the EU continues to provide aid to the Lebanese people but Lebanese leaders need to assume their responsibilities.

He said: "There is no more time."

Tarraf noted that the EU will increase its support once a government is formed.

He said: "The European Union will relaunch the negotiations on our partnership priorities with Lebanon.

Read more: UAE increases baggage allowance on flights to Beirut to assist crisis torn country

We will consider a Macro-Financial Assistance package, if a disbursing program with the International Monetary Fund is in place. We also offer our support to the 2022 electoral process."

It is worth mentioning that Lebanon has been facing a governmental deadlock for over a year now with the country suffering from a high poverty rate hovering over 50 percent, according to the World Bank.

The country is in dire need for a cabinet capable of implementing structural reforms to unlock international aid.

Source: xinhua

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”