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Lebanon, Israel satisfied with final draft of maritime border deal: negotiators

Lebanon and Israel have received a final draft of a US-mediated maritime border deal that satisfies all of their requirements and could imminently lead to a “historic deal,” negotiators from the two countries said on Tuesday (Oct 11).
“If everything goes well, Amos Hochstein’s efforts could imminently lead to a historic deal,” Lebanon’s lead negotiator Bou Saab told Reuters minutes after receiving the draft from Hochstein, the US official engaged in months of shuttle diplomacy to try to end the dispute.
Israeli National Security Adviser Eyal Hulata who headed the Israeli negotiating team echoed Saab’s remarks:
“All our demands were met, the changes that we asked for were corrected. We protected Israel’s security interests and are on our way to a historic agreement,” he said in a statement.
While limited in scope, an agreement would ease security and economic concerns in both countries, whose shared history is rife with conflict.
The deal would resolve a territorial dispute in the eastern tip of the Mediterranean sea in an area where Lebanon aims to explore for natural gas, and near waters where Israel has already found commercially viable quantities of hydrocarbons.
Hezbollah, a Lebanese political party and militia backed by Iran, has threatened to use force against Israel should Israel explore for gas near the disputed area before Lebanon is allowed to do so in its own maritime zone.
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“We received minutes ago the final draft... Lebanon felt that it takes into consideration all of Lebanon’s requirements and we believe that the other side should feel the same,” Bou Saab said.
Israel last week rejected last-minute amendments to the deal by Lebanon that briefly appeared to jeopardize long-standing efforts to reach an agreement.
Officials from both countries were in close contact via the US mediator over the past few days in an effort to resolve outstanding differences.
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Lebanon’s president said that a deal would not signify a “partnership” with Israel, a country Lebanon does not recognize and officially regards as an enemy.
“We are avoiding a sure-fire war in the region,” Lebanon’s caretaker Prime Minister Najib Mikati said last week.
Israeli Energy Minister Karine Elharrar told Army Radio a signing date has not been set yet. Israel is holding an election on Nov. 1 and it is still unclear whether the accord would require parliament’s approval.
Source: arabnews
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BENEFIT Sponsors Gulf Uni...
- April 17, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.
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