Maersk Continues Beirut Port Calls Despite Business Disruption

Smoke rises from the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Tuesday, Oct. 1, 2024. (AP)
Smoke rises from the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Tuesday, Oct. 1, 2024. (AP)
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Maersk Continues Beirut Port Calls Despite Business Disruption

Smoke rises from the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Tuesday, Oct. 1, 2024. (AP)
Smoke rises from the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Tuesday, Oct. 1, 2024. (AP)

Container shipping company Maersk said on Wednesday it continued to serve its customers in Lebanon with two weekly callings in Beirut despite the deteriorating security situation in the country.

"While Maersk's business in the country is impacted, we currently remain in a position to serve our customers," a Maersk spokesperson said in an email.

The company said all staff in both Lebanon and Israel were safe and accounted for.

Maersk's office in Lebanon is located in Beirut and employs 21 people.



Qatar Wealth Fund to Merge Domestic Fiber Network with Cable Business

The Qatar Investment Authority (QIA)
The Qatar Investment Authority (QIA)
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Qatar Wealth Fund to Merge Domestic Fiber Network with Cable Business

The Qatar Investment Authority (QIA)
The Qatar Investment Authority (QIA)

Qatar's sovereign wealth fund said on Wednesday it plans to merge the telecommunications businesses of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI), to build a national leader.
The Qatar Investment Authority (QIA) is seeking to combine QNBN’s domestic fiber network with GBI’s international submarine and terrestrial cables, which it said would create a digital and AI infrastructure leader.
QIA plans to position Qatar "as a leading digital hub both regionally and globally and connect Qatar to the world," chief executive Mansoor Ebrahim Al-Mahmoud said in the statement.

"Our long-term vision is to create a digital infrastructure champion, unlocking new opportunities,” the chairman of QNBN and GBI was quoted as saying.