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MYSTERIOUS: 76 | Mind Blowing Facts

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

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

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

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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

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 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…

Asharq Al-Awsat

Lebanese Forces, Mustaqbal Say Charge Against Geagea Is Politically Motivated

Political parties have rejected the accusation against Lebanese Forces leader Samir Geagea, who was charged with "stoking strife" during the Tayyouneh clashes in October 2021. The LF and the Mustaqbal Movement condemned on Friday the decision by the Military Court in Beirut to charge Geagea with attempted murder and inciting…

Asharq Al-Awsat

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Mikati Welcomes Iran’s Support In Electricity Sector

Iranian Foreign Minister Hossein Amirabdollahian said on Friday that Lebanese Prime Minister Najib Mikati welcomed Iran’s readiness to contribute in building two power plants in Lebanon, linking their realization with reaching a nuclear deal between Iran and world powers. During his second day visit to Beirut, the Iranian Minister separately…

Asharq Al-Awsat

Iran Ready to Supply Wheat to Lebanon, Lebanese President Cites Iranian FM

Lebanese President Michel Aoun tweeted on Friday that Iranian Foreign Minister Hossein Amirabdollahian assured him after their meeting in Beirut that Iran was ready to support Lebanon in all fields, "most notably in the provision of wheat". Lebanon bought the bulk of its wheat from Ukraine until Russia's invasion, and…

Asharq Al-Awsat

Amirabdollahian in Beirut, Says Iran Ready to Build 2 Power Plants

Iranian Foreign Minister Hossein Amirabdollahian expressed on Thursday his country’s readiness to contribute in building two power plants in Lebanon, each with a capacity of 1,000 megawatts. The minister said he had discussed the offer during his meeting with Prime Minister Najib Mikati on the sidelines of the Munich Security…

Asharq Al-Awsat

Court Charges Geagea over Beirut Violence

A military court has charged Lebanese Forces leader Samir Geagea over deadly clashes in Beirut last October, a judicial source said on Thursday, a move that could stoke political tension two months before an election. An LF official in said the charge against him was political, and the investigation into…

Asharq Al-Awsat

Iran: Nuclear Deal Can be Reached if US is Pragmatic

The revival of a 2015 nuclear deal between Tehran and world powers can happen in the short term if the United States shows pragmatism in Vienna negotiations, Iran's Foreign Minister Hossein Amirabdollahian said on Thursday. "If the United States is pragmatic, a nuclear deal can be reached in the short…

Asharq Al-Awsat

Iran's foreign minister says nuclear deal can be reached if U.S. is pragmatic

The revival of a 2015 nuclear deal can happen in the short term if the United States shows pragmatism in Vienna negotiations, Iran's Foreign Minister Hossein Amirabdollahian said on Thursday during a press conference in Beirut.

Reuters

Lebanese military court charges Christian politician Geagea over Beirut violence, judicial source says

A Lebanese military court has charged leading Christian politician Samir Geagea over deadly clashes in Beirut last October, a judicial source said on Thursday.

Reuters

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Bangkok Post

Ukraine war's spillover swamps poor countries still reeling from Covid-19

Over the past 120 years, a Beirut bakery has survived civil war, Lebanon's financial crisis and the Covid-19 pandemic. Fighting in Ukraine, disrupting food and energy supplies world-wide, may soon put it out of business.

Asharq Al-Awsat

Sadeq Al Sabbah Awarded Lebanon's National Order of the Cedar

Lebanese producer Sadeq Al Sabbah was awarded the National Order of The Cedar on Sunday. Held at Beirut's Grand Serail, the ceremony was attended by politicians, artists, and media personalities. The honor was ordered by President Michel Aoun. He was represented at the ceremony by Prime Minister Najib Mikati who…

Asharq Al-Awsat

Pope Francis Tells Aoun Lebanon Is at Heart of His Concerns

Pope Francis reiterated his intention to visit Beirut imminently, stressing that Lebanon was at the center of his concerns. His comments came during a meeting with President Michel Aoun at the Vatican on Monday. A statement by the Holy See Press Office said the talks were “cordial”, adding that the…

Asharq Al-Awsat

Mikati Hopes for Breakthrough in Efforts Aimed at Mending Lebanese-Gulf Ties

Lebanese Prime Minister Najib Mikati is hoping that a breakthrough can be reached in efforts aimed at mending relations between Beirut and Gulf countries. He held telephone talks with Kuwait Foreign Minister Sheikh Ahmed Nasser Al-Mohammed Al Sabah.

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Evening Standard

Ali Cherri: If you prick us, do we not bleed? at the National Gallery review - vandalism made good

The Beirut-born artist has explored the histories of vandalised art and in doing so reveals them afresh

Asharq Al-Awsat

Lebanon's Siniora Will Be 'Fully Invested' in Elections, Not as Candidate

Lebanese former Prime Minister Fouad Siniora said he would abstain from running for the upcoming parliamentary elections, but called on citizens to massively vote in the polls. Speaking during a press conference in Beirut on Tuesday, Siniora said: “Amid this crushing crisis, which is considered the most dangerous in the…

Asharq Al-Awsat

Lebanon Judge Freezes Assets of Five Banks and Members of Their Boards

A Lebanese judge froze the assets of five top banks and members of their boards while she investigates transactions they undertook with the country's central bank, a judicial document showed on Monday. The asset freeze against Bank of Beirut, Bank Audi, SGBL, Blom Bank and Bankmed applies to properties, vehicles…

Asharq Al-Awsat

Lebanese Youths Abandon Education as Crisis Bites

Before Lebanon's devastating financial crisis struck, Faraj Faraj thought university could set him on a path out of a cramped family home in a poor area of Beirut and towards financial independence. Instead, like increasing numbers of Lebanon's young people, soaring costs forced the 19-year-old to drop out of studying…

Reuters

Lebanese youths abandon education as crisis bites

Before Lebanon's devastating financial crisis struck, Faraj Faraj thought university could set him on a path out of a cramped family home in a poor area of Beirut and towards financial independence.

Asharq Al-Awsat

Lebanese Judge Bans Five Bank Board Chiefs from Travel

A Lebanese prosecutor on Thursday issued travel bans against the heads of the boards of five Lebanese banks, the prosecutor told Reuters. Ghada Aoun issued the bans against Salim Sfeir of Bank of Beirut, Samir Hanna of Bank Audi, Antoun Sehnaoui of SGBL, Saad Azhari of Blom Bank, and Raya…

Asharq Al-Awsat

Lebanon Central Bank Seeks Names of Those Who Failed to Repatriate Funds amid Crisis

Lebanon's central bank has asked commercial banks to provide the names of political figures who failed to comply with a circular ordering them to repatriate funds sent abroad in the lead-up to the country's 2019 financial meltdown. Lebanon's financial crisis, which the World Bank has labeled one of the deepest…

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