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Lebanon Awards CMA CGM Contract for Beirut Port Container Terminal

A fisherman travels on a boat in front of a CMA CGM container ship passing through the Suez Canal in Ismailia, Egypt July 7, 2021. REUTERS/Amr Abdallah Dalsh
A fisherman travels on a boat in front of a CMA CGM container ship passing through the Suez Canal in Ismailia, Egypt July 7, 2021. REUTERS/Amr Abdallah Dalsh
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Lebanon Awards CMA CGM Contract for Beirut Port Container Terminal

A fisherman travels on a boat in front of a CMA CGM container ship passing through the Suez Canal in Ismailia, Egypt July 7, 2021. REUTERS/Amr Abdallah Dalsh
A fisherman travels on a boat in front of a CMA CGM container ship passing through the Suez Canal in Ismailia, Egypt July 7, 2021. REUTERS/Amr Abdallah Dalsh

Lebanon has awarded France's CMA CGM (CMACG.UL) a contract for the management, operation and maintenance of the container terminal in the port of Beirut for 10 years, Public Works and Transport minister Ali Hamie told Reuters on Thursday.

A huge explosion at the port in 2020 killed more than 200 people and damaged entire neighborhoods, deepening Lebanon's worst political and economic crisis since the 1975-1990 civil war.

"The contract includes $33 mln that will be paid by CMA CGM to develop the work inside the port," the minister said, without revealing more details about the contract terms.

CMA CGM is controlled by the French-Lebanese Saade family and the group joined French President Emmanuel Macron in relief efforts in Beirut following the explosion.

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Iraq’s Kurdistan Region to Hold Delayed Parliamentary Election on Oct. 20

The October vote should elect 100 new lawmakers and a president for Kurdish regions. (AFP file photo)
The October vote should elect 100 new lawmakers and a president for Kurdish regions. (AFP file photo)
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Iraq’s Kurdistan Region to Hold Delayed Parliamentary Election on Oct. 20

The October vote should elect 100 new lawmakers and a president for Kurdish regions. (AFP file photo)
The October vote should elect 100 new lawmakers and a president for Kurdish regions. (AFP file photo)

The semi-autonomous Kurdistan region of northern Iraq has set a new date to hold parliamentary elections on Oct. 20, following a repeated delay, the regional presidency said in a statement on Wednesday.

Elections for Iraq's Kurdistan parliament, which were originally supposed to be held in 2022, were last scheduled to be held on June 10, but the ruling Kurdistan Democratic Party (KDP) said it would boycott the election in protest over a ruling issued by the federal supreme court.

Iraq's federal supreme court ruled to cancel 11 seats reserved for minority groups, including Turkmen, Assyrians and Armenians, reducing the number of regional parliament seats to 100.

The February ruling also changed the electoral system to divide the Kurdistan region into four constituencies instead of the single-constituency system adopted in the previous elections in 2018.

The top court ruling prompted the KDP to reject it as unconstitutional and boycotted the electoral procedure to register its candidates.

The federal court issued a new ruling in late May restoring five seats reserved for minorities, a move that regional officials said it helped to ease tension and convinced the KDP to agree to participate in October elections.

The October vote should elect 100 new lawmakers and a president for Kurdish regions which have gained self-rule in 1991.