Lebanon Historyتاريخ لبنانالعربيةFull timeline
31 October 1992

¤Rebuilding Beirut

PartiesSaudi ArabiaRafik Hariri / Future MovementSyria / Syrian Army

Saudi Arabia's entry through the economic door via Rafik Hariri, to balance Syria's military and political influence: on 31 October 1992 Rafik Hariri formed his first government and launched the project to rebuild central Beirut through the company Solidere (its law of 7 December 1991), with Gulf funding and a Saudi role parallel to the Syrian influence.

▲ The lira at its lowest: about 2,800 to the dollar
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