Home / Lebanon (page 114)

Lebanon

Oueidat suspends order to freeze assets of 21 banks

813195_img650x420_img650x420_crop

State Prosecutor Ghassan Oueidat suspended Thursday an order to freeze the assets of 21 Lebanese banks, warning it would plunge the country and its financial sector into chaos. Oueidat said international financial authorities had intended to halt dealings with Lebanese banks, without giving further details. Earlier Thursday, a judge stunned ...

Read More »

Aoun tackles monetary situation with Sfeir

untitled

President of the Republic, Michel Aoun, received this Thursday at Baabda Palace, the Chairman of the Association of Banks in Lebanon, Salim Sfeir, accompanied by his adviser, Antoine Habib. Discussions reportedly touched on the current financial and monetary situation and the work of banks, as well as the measures to ...

Read More »

Rafic Hariri Airport and Parts of Beirut Just Got Sterilized

flag-big

The initiative aims to contain coronavirus from becoming pandemic in Lebanon. The Ambassador of the United Arab Emirates, Hamad Saeed Al Shamsi, and the Governor of Beirut, Judge Ziad Chbib, launched the “Emirates Humanitarian Initiative” campaign aiming to sterilize places of worship, public places, gathering places, and streets in Beirut. ...

Read More »

France is Lobbying to Save Lebanon from Economic Collapse

flag-big

Paris believes that the situation in Lebanon “cannot wait any longer.” Since Lebanon’s independence from the French Mandate in 1943, Lebanon and France have enjoyed mutually “friendly” relations, with France having had an evident “influence” in Lebanon’s political-administrative system that was initially modeled after the French’s Third Republic. France has ...

Read More »