Lebanon

This Is Holidays: Day 12

This is Beirut invites you to follow its special Christmas bulletin during the festive season. Here's what the newsroom has in store for you on Thursday, December 26th. Don’t forget to check our website and discover today’s Christmas recipe; try it, send us a photo and we will share it on our page!  

Ongoing Negotiations Ahead of the January 9 Presidential Election

As of today, it appears unlikely that the parliamentary session scheduled for January 9 will result in the election of a new president. However, the days leading up to this session are expected to see intense political activity, with hopes remaining high for a breakthrough—whether through consensus or by securing the necessary 65 votes. Many ...

BDL: Two Payments to 158 and 166 Beneficiaries in January

On Friday, the Banque du Liban (BDL) issued a circular asking banks to pay two monthly installments to beneficiaries of circulars 158 and 166, which concern exceptional bank withdrawals of fresh dollars, at the beginning of January. Depositors benefiting from Circular 158 will receive $800 in cash instead of $400, while those benefiting from ...

BDL Reserves Rise to $10.176B: Will Payments Continue in January?

The relevant departments of the Banque du Liban (BDL) have finalized a comprehensive study on deposits and accounts held in Lebanese banks. This study distinguishes between “fresh accounts,” opened after October 17, 2019, and “dollar accounts,” which refer to legacy accounts established before that date. Commissioned by the acting ...

Christmas at the Southern Border: A Beacon of Hope

In a Lebanon cautiously stabilized by the implementation of UN Resolution 1701 and the fall of Bashar al-Assad's regime in Syria, Apostolic Nuncio Archbishop Paolo Borgia chose to celebrate Christmas in Rmeish (14,000 inhabitants) and Kley’a (2,500 inhabitants), two Maronite border towns that faced immense hardships during the 14-month war ...

No Economic Solution from the Presidency

A growing narrative is emerging in private discussions among decision-makers in Lebanon – even if only at the surface level – that the new presidency will restore prosperity and usher in a renewed economic boom capable of resolving the current crisis. Those involved are counting on Gulf and European aid to open the door to improvement across ...

This Is Holidays: Day 11

This Is Beirut invites you to follow its special Christmas bulletin during the festive season. Here's what the newsroom has in store for you on Thursday, December 26. Don’t forget to check our website and discover today’s Christmas recipe; try it, send us a photo and we will share it on our page!  

UAB Secretary General Shares Opportunities and Challenges Awaiting Lebanon in 2025

According to Wissam Fattouh, the Secretary General of the Union of Arab Banks (UAB), Lebanon is set to enter a new phase aimed at restoring financial and monetary stability as the year 2025 approaches. In a recent statement, Fattouh emphasized that regaining confidence in the Lebanese pound is critical for achieving economic stability. This, he ...

Qatari Ambassador Meets Rai, Urges Swift Presidential Election

On Thursday, the Qatari Ambassador to Lebanon, Saud bin Abdulrahman Al Thani, underscored the urgent need for Lebanon to elect a president on January 9 during a meeting with Maronite Patriarch Bechara Boutros Al-Rai at the patriarchal seat in Bkerke. The ambassador reiterated Qatar’s ongoing support for Lebanon across economic, political, and ...

Israeli Army Says It Neutralized 70% of Hezbollah’s Military Capabilities

The Israeli army claimed in a report published by Israeli media to have inflicted significant losses on Hezbollah during ongoing clashes in Lebanon, eliminating approximately 3,800 Hezbollah militants.  According to the report, 2,762 militants were killed during a ground offensive launched in late September, with thousands more reportedly ...

The Christmas Tree: A Symbol of Unity, Not Division

After multiple incidents of Christmas tree burning in Syria and Lebanon, it’s impossible to ignore the troubling message behind these acts. Such actions go beyond the physical destruction of a festive decoration – they are calculated provocations meant to sow division, ignite sectarian tensions, and fracture communities that have long thrived ...

This is Holidays: Day 10

This is Beirut invites you to follow its special Christmas bulletin during the festive season. Here's what the newsroom has in store for you on Wednesday, December 25th. Don’t forget to check our website and discover today’s Christmas recipe; try it, send us a photo and we will share it on our page!