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The Latest Breaking News from Beirut

Lebanese Widely Welcome Return of Gulf Ambassadors

The Gulf countries' decision to return their ambassadors to Beirut was widely welcomed by Lebanese officials, who believe it will open a new chapter in relations between the two sides. Grand Mufti Sheikh Abdul Latif Derian said the move "paves the way for a new chapter of hope and faith…

Asharq Al-Awsat

New Lebanese Parliament Will Act on IMF Deal, PM Adviser Says

A set of reforms the IMF wants Lebanon to enact before approving a funding deal for the country will largely be left for a new parliament to study, an adviser to the prime minister said on Friday, suggesting little may be done before a May 15 national election. The IMF…

Asharq Al-Awsat

Lebanon may not enact IMF reforms before election, lawmakers say

Lebanon won't be able to deliver many if any reforms sought by the IMF as conditions for a funding deal before an election in May, two lawmakers said, meaning months could go by without action as that vote may well be followed by political limbo.

Reuters

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200 European Observers For ‘Transparent’ Monitoring of Lebanon’s Elections

Around 200 observers from the European Union Election Observation Mission (EU EOM) will be deployed in Beirut and all regions to monitor the upcoming parliamentary elections on May 15, EU EOM Chief Observer, Gyorgy Holvenyi announced on Thursday after a meeting with Lebanese President Michel Aoun at the Presidential Palace.…

Asharq Al-Awsat

Lebanon: Salameh Hopes IMF Conditions Are Met to Secure Program

Lebanese central bank governor Riad Salameh said on Friday he hoped prior conditions set by the International Monetary Fund (IMF) in a staff-level agreement with Lebanon would be met in order to secure IMF board approval of a program. The IMF said on Thursday it had reached a draft funding…

Asharq Al-Awsat

Yemen Returns Envoy to Lebanon

Yemen's foreign ministry announced on Thursday the return of its envoy to Lebanon. "The move is in response to Beirut's pledge to halt activities and practices offensive to Arab countries," the Yemeni ministry said in a statement carried by the country's state news agency. The statement came after Saudi Arabia…

Asharq Al-Awsat

IMF, Lebanon strike conditional deal on $3 bn aid

Beirut (AFP) - The IMF announced Thursday a conditional agreement to provide Lebanon with $3 billion in aid to help it emerge from a severe economic crisis, following months of negotiations.

AFP

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Kuwaiti ambassador to return to Beirut before end of the week - Lebanese prime minister statement

The Lebanese prime minister's office said on Thursday in a statement that Kuwait informed the PM that its ambassador to Beirut will return to Lebanon before end of the week, in a sign of easing tensions following a rift that saw Gulf states withdraw their envoys last year.

Reuters

Lebanon reaches agreement with IMF on economic reforms

Agreement could potentially unlock access to IMF funds if Lebanese authorities implement a series of reforms.

Al Jazeera

Saudi foreign ministry announces return of Saudi ambassador to Lebanon -state news agency

Saudi Arabia's ambassador to Beirut has returned to Lebanon, the foreign ministry said on Thursday, in a sign of easing tensions following a rift that saw the kingdom and other Gulf states withdraw their envoys last year.

Reuters

IMF, Lebanon Reach Staff-level Funding Deal, Subject to Reforms

The International Monetary Fund (IMF) said on Thursday it had reached a staff-level agreement with Lebanon for a four-year extended fund facility that would however only get full approval from the fund if Beirut enacts a series of reforms. An agreement with the IMF is seen as vital for Lebanon…

Asharq Al-Awsat

IMF, Lebanon reach draft funding deal, subject to reforms

The International Monetary Fund (IMF) said on Thursday it had reached a draft funding agreement with Lebanon - but that Beirut needed to enact a batch of economic reforms first before its board decided whether to approve the deal.

Reuters

Syria explosive remnants kill nearly 30 in a month: monitor

Beirut (AFP) - Explosive remnants of Syria's war killed nearly 30 civilians, including more than a dozen children, last month, a war monitoring group said Wednesday.

AFP

Pope Francis to visit crisis-hit Lebanon in June

Beirut (AFP) - Pope Francis is set to visit Lebanon in June, the country's presidency said on Tuesday, in a long-awaited trip that comes amid spiralling financial and political crises.

AFP

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Asharq Al-Awsat

Rahi: Political Class Controls Part of Lebanon’s Judiciary

Maronite Patriarch Bechara Rahi on Sunday lashed out at Lebanon’s judiciary, which he said is partly controlled by the political class and is therefore a tool used by statesmen to act against justice. “There is increasing suspicions around Lebanon’s judicial activities,” Rahi said during Sunday’s mass sermon about the delay…

AFP

From Beirut to Baghdad: Lebanese flee crisis seeking jobs in Iraq

Baghdad (AFP) - Iraq, once synonymous with conflict and chaos, is becoming a land of opportunity for Lebanese job-seekers fleeing a deep economic crisis back home.

AFP

Cash-strapped Lebanon struggles to turn lights on for polling day

Beirut (AFP) - Lebanon's electricity company is charging $16 million to supply power on the day of the May 15 parliamentary polls, a sum that exceeds the overall election budget by nearly 30 percent, the interior minister said.

Asharq Al-Awsat

Ukraine Oil Price Surge Casts Shadow over Ramadan Meals

Cheap and tasty, fried potatoes have become a staple in Lebanese mother Mona Amsha's kitchen in recent years. But with sunflower oil prices soaring due to Russia's invasion of Ukraine, she fears even fries will be out of reach this Ramadan. "In 2021, when the prices were already up, I…

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Asharq Al-Awsat

IMF Delegation Launches Two-Week Mission in Crisis-Hit Lebanon

An International Monetary Fund (IMF) delegation kicked off talks in Beirut Wednesday as part of a two-week mission aimed at securing progress towards funding for crisis-hit Lebanon. The government is hoping to secure a rescue package to exit a deep financial crisis that started in 2019 and has seen most…

AFP

IMF delegation launches two-week mission in crisis-hit Lebanon

Beirut (AFP) - An International Monetary Fund (IMF) delegation kicked off talks in Beirut Wednesday as part of a two-week mission aimed at securing progress towards funding for crisis-hit Lebanon.

AFP

Muslims face frugal Ramadan as Ukraine war drives up food prices

Beirut (AFP) - Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for the holy month of Ramadan and forcing a turn to frugal iftar sunset meals.

AFP

Lebanon faces education "emergency": UN

Beirut (AFP) - Lebanon is grappling with an education "emergency," a United Nations official said, as years of economic collapse weigh heavily on students and teachers.

Asharq Al-Awsat

Lebanese Prosecutor Overturns Decision Barring Banks from Shipping Money

Lebanon's top prosecutor on Monday overturned a judicial decision that last week instructed customs authorities to prevent six banks from moving money out of the country, a senior judicial source told Reuters. Last week's decision by Judge Ghada Aoun prompted the banking association to warn that the banks - including…

AFP

Meat off the menu in crisis-hit Lebanon as poverty bites

Beirut (AFP) - Layla Ibrahim has cut down on her daily meat consumption, not because of a health fad but forced by Lebanon's bruising economic crisis.

Asharq Al-Awsat

Lebanon’s Geagea Says Judicial Decisions against Party Unlawful

Lebanese Forces (LF) leader Samir Geagea said on Saturday that recent judicial decisions against his party were against the law. Speaking at a news conference days after a judge charged him over deadly violence in Beirut in October, Geagea said that the judicial decisions were aimed at tarnishing the image…

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