The Central Bank has launched a package worth over $1 billion to encourage startups in Lebanon. … [Central Bank Governor Riad] Salameh explained that the future of the Lebanese economy depends on three major sectors, namely the financial sector, the knowledge economy and the oil and gas sector.
“These sectors are going to act as a booster for the Lebanese traditional economic sectors and they will provide job opportunities for the younger Lebanese,” he said. “This is why the Central Bank of Lebanon has deployed efforts and encouraged accelerators in the country whereby it is granting a 100 percent guarantee for investments in startups,” he added. Link