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The Latest Breaking News from Lebanon

Lebanon’s Central Bank Not Bankrupt, Governor Says

Lebanon Central Bank Governor Riad Salameh on Monday denied that the institution he has led for 30 years was bankrupt and said it was still going about its legally-mandated role despite losses in the financial sector. The comments in a statement by the governor were an apparent response to the…

Asharq Al-Awsat

Kinahan-linked Dutch drug lord Robert Mink Kok arrested for cocaine smuggling in Lebanon

Robert Mink Kok (60), a well known veteran gangland criminal, was arrested at the request of the Dutch authorities

Dublin Live

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…

Asharq Al-Awsat

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Lebanese Political Forces Fear Low Turnout in Upcoming Elections

Lebanon’s political forces fear a low turnout in the upcoming parliamentary elections on May 15, as recent opinion polls published by statistics centers have pointed to a lack of public enthusiasm over the elections. The situation has prompted the country’s politicians to urge the voters to participate massively in order…

Asharq Al-Awsat

How water cooperation can provide geopolitical stability in MENA

The Blue Peace Strategy promotes water sustainability as an asset for political and social peace in the region.

Al Jazeera

Cash-strapped Lebanon Struggles to Turn Lights on for Polling Day

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. Holding credible elections is one of the main steps Lebanon's major donors are insisting on…

Asharq Al-Awsat

Lebanon's Mufti Condemns Hezbollah, Accuses Corrupt Clique of Starving People

Lebanon's Grand Mufti Sheikh Abdel Latif Derian accused the "corrupt clique" in power of starving the Lebanese people, blaming them for destroying everything the Lebanese built in 100 years, including the judiciary and the banking sector and Lebanon's relations with Arab and international countries. In his message on the eve…

Asharq Al-Awsat

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How war in Ukraine is affecting food supply in Africa and the Middle East

Prices of basics such as oil and wheat are shooting up and shortages are showing on supermarket shelves in Lebanon, Somalia and Egypt

The Guardian - UK

Lebanon Prosecutor Seeks Freeze of Central Bank Chief’s Oversees Assets

Lebanon's top prosecutor has sought to freeze European bank accounts belonging to central bank chief Riad Salameh, a senior judicial source said, days after five European states seized assets related to embezzlement probes. Salameh is facing investigations in Lebanon and at least five European countries into the alleged embezzlement of…

Asharq Al-Awsat

Lebanon prosecutor seeks freeze of central bank chief's oversees assets

Reuters

Lebanon’s Central Bank Governor Skips Hearing Session

Lebanon’s judiciary on Thursday adjourned until June the questioning of Central Bank governor Riad Salameh in a corruption case brought against him on March 21. A lawyer for Salameh presented a preliminary defense of his client against the charges at Thursday's hearing, Lebanon’s National News Agency said. “Mount Lebanon First…

Asharq Al-Awsat

Pennsylvania policeman killed, 2 officers hurt in shooting

The mayor of Lebanon, Pennsylvania, says one of the city's police officers has been killed and two others injured in a shooting while responding to a domestic disturbance call

The Independent UK

Lebanon's cenbank chief stays away from corruption hearing -state media

Lebanese central bank chief Riad Salameh did not attend on Thursday a judicial hearing he was summoned to last week after being charged with corruption, prompting the judge to schedule a new hearing in June, state media reported.

Reuters

Lebanon Judge Sets June Hearing for Central Bank Governor Graft Probe

A Lebanese judge on Thursday postponed an interrogation session for central bank governor Riad Salameh until June after his lawyer attended a hearing in a corruption probe in his place, the state news agency (NNA) reported. Salameh, governor for nearly three decades, was charged with illicit enrichment last week. He…

Asharq Al-Awsat

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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…

Asharq Al-Awsat

Lebanon Cabinet Approves Capital Control Law

Lebanon's Cabinet on Wednesday approved a long-delayed draft capital control law that still requires final approval from parliament amid a worsening financial crisis now in its third year, Information Minister Ziad Makari said in televised remarks following the session. Formal capital controls are a policy recommendation of the International Monetary…

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…

Asharq Al-Awsat

Muslims Face Frugal Ramadan as Ukraine War Drives up Food Prices

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. From Lebanon to Tunisia and Somalia, Muslims who traditionally break a dawn-to-dusk fast with lavish…

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Asharq Al-Awsat

UN: Lebanon Faces Education 'Emergency'

Lebanon is grappling with an education "emergency," a United Nations official said, as years of economic collapse weigh heavily on students and teachers. "We are now in an emergency situation.

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…

Asharq Al-Awsat

Lebanon’s Central Bank Chief Is Suspect in 120 Mln Euro Asset Freeze Case

Lebanese central bank governor Riad Salameh is a suspect in a case the European Union's criminal justice agency said on Monday had led to the freezing of some 120 million euros ($132 million) of Lebanese assets, prosecutors in Germany said. The properties and bank accounts, linked to five people suspected…

The Independent UK

EU states freeze $130 million worth of Lebanese assets

A European Union agency says authorities in three European countries have frozen more than $130 million in assets linked to an investigation into money laundering in Lebanon

Reuters

Lebanon's central bank chief is suspect in 120 million euro asset freeze case -German prosecutor

Asharq Al-Awsat

Aboul Gheit to Asharq Al-Awsat: Iran Uses Arab Crises as Pressure Cards to Confront the West

Arab League Secretary General Ahmad Aboul Gheit said that the possible understanding between the United States and Iran in the ongoing nuclear negotiations in Vienna, “does not end” the Iranian nuclear threat, calling on Tehran to stop its “adventures” on Arab land, and to refrain from using Arab files to…

Asharq Al-Awsat

Ukraine War Threatens Food Supplies in Fragile Arab World

Layal Aswad was already exhausted by Lebanon’s devastating two-year economic collapse.

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