This is Beirut, 2025-12-13 19:55 - Reading : less than a minute
GapLaw Lebanon Economy CentralBank
The “Gap Law” project promises 85% reimbursement. The text itself makes no such commitment. With no real state contribution, billions written off, and the risk of banking collapse, depositors emerge as the clear losers.
This is Beirut, 2025-12-13 18:54 - Reading : less than a minute
This is Beirut, 2025-12-13 18:35 - Reading : 3 minute(s)
Amal Hezbollah Iran Lebanon Reconstruction Banks
Lebanon’s parliamentary finance committee on Thursday approved the transfer of roughly $90 million USD in reserve funding for the Council of the South as part of the 2026 budget process to support reconstruction in areas damaged by Israeli bombardment in last year’s Israel-Hezbollah war. According to parliamentary sources ...
This is Beirut, 2025-12-13 16:30 - Reading : 2 minute(s)
Lebanon Banque du Liban Central Bank of Lebanon
Finance Minister Yassine Jaber’s recent statements stand out for his comparison of the Lebanese financial crisis with those in countries such as Greece, Cyprus, and Portugal. In this comparison, he is once again off the mark. In fact, Cyprus experienced only a conventional banking crisis, while Greece and Portugal faced financial crises ...
This is Beirut, 2025-12-13 14:30 - Reading : 2 minute(s)
Finance Minister Yassine Jaber did not mince words: “The banks will be the first losers” if the Financial Gap Law is enacted. And if the banks lose, depositors inevitably lose too. The draft law places the full burden of repaying deposits on the banks alone — a move that would inevitably destroy the Lebanese banking sector and wipe out ...
Liliane Mokbel, 2025-12-13 14:00 - Reading : less than a minute
This is the striking number of new restaurant brands registered with the Lebanese Ministry of Economy since the start of 2025. It’s a spectacular surge, but one that is less reassuring than it appears in a country with a limited population and modest tourist inflow. Behind this explosion of concepts lies a clear reality: most of these projects ...
This is Beirut, 2025-12-13 11:15 - Reading : 1 minute(s)
Lebanese lawmaker Ghassan Skaff died after a battle with cancer, his office said on Saturday. Skaff was elected to parliament in the 2022 legislative elections, representing the Western Bekaa–Rashaya district. Alongside his political career, Skaff was a prominent neurosurgeon and academic. He had served as professor and head of the Department ...
Bassam Abou Zeid, 2025-12-12 20:20 - Reading : 2 minute(s)
Lebanon Israel Donald Trump Benjamin Netanyahu Hezbollah
The run-up to the mechanism meeting scheduled for December 19 is shaping up to be particularly tense—and for good reason. Israel has been gathering extensive data on Hezbollah’s efforts to rebuild its military capabilities. Israeli representative Yury Reisnick is expected to present these findings to the head of the Lebanese delegation, former ...
This is Beirut, 2025-12-12 19:50 - Reading : 1 minute(s)
The Cabinet, chaired by Prime Minister Nawaf Salam, on Friday approved the appointment of members to the Election Supervisory Authority and adopted a draft law on forests and pastures, merging three existing texts and strengthening the protection of green spaces, combating climate change, desertification, and preserving biodiversity, Information ...
This is Beirut, 2025-12-12 17:20 - Reading : less than a minute
Donald Trump Lebanon Hezbollah USA
U.S. President Donald Trump said Thursday that “some countries want to intervene and deal with Hezbollah in Lebanon” during informal remarks at the White House. “You are not obliged to do it. You might have to do it later, but we have countries ready to step in and fully manage this issue,” he added. According to U.S. sources cited by ...
This is Beirut, 2025-12-12 17:05 - Reading : 2 minute(s)
Lebanon Syria Jamil Hassan Assad
Maj. Gen. Jamil Hassan, the former head of Syria’s Air Force Intelligence and one of the most wanted figures of the Assad regime, is believed to be hiding in Lebanon after fleeing Syria last December, according to an investigation published by The Wall Street Journal. Hassan, long considered a central architect of the regime’s repression, ...
Rayan Chami, 2025-12-12 16:10 - Reading : less than a minute
Lebanon South Lebanon Order of Malta
The Order of Malta Lebanon is scaling up its Programmed Food Assistance Project nationwide, from hot meals and school breakfasts to long-term agricultural support. In Kfar Falous, South Lebanon, farmers and families show how urgent aid is transforming into lasting resilience.