Saudi Arabia

Cabinet Approves 2025 Budget, Initiates Reforms

Rayan Chami, 06/03 15:55 - Reading : less than a minute

Saudi Arabia Lebanon Government Nawaf Salam Budget 2025

PM Nawaf Salam confirmed the 2025 budget’s approval and pledged reforms to ease its impact. Work on the 2026 budget is underway, and future Cabinet sessions will move to a new venue. Information Minister Paul Morcos highlighted Saudi Arabia’s reform-linked support for Lebanon and announced work on tax exemptions for war victims and new ISF ...

Lebanon Back Among Arab Nations

Elie Ziadé, 04/03 19:20 - Reading : 3 minute(s)

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It’s an image that hasn’t been seen in years: a Lebanese president received with great pomp in Riyadh. President Joseph Aoun’s visit to Saudi Arabia, before heading to Cairo to participate in the Arab League summit, was brief but symbolically significant given the nearly decade-long chill in relations between the two countries. Aoun stated ...

Saudi Aramco Profits Drop 12%

This is Beirut, 04/03 13:05 - Reading : 3 minute(s)

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Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the linchpin of the Kingdom's ambitious economic reform plans. The world's biggest crude exporter said profits were down more than 12% to $106.25 billion in 2024, the second annual drop following a surge in oil prices in 2022. Expected dividends for ...

Lebanese Sovereignty, Cooperation and Economic Recovery at the Heart of J. Aoun's KSA Discussions

This is Beirut, 04/03 11:50 - Reading : 2 minute(s)

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Saudi Arabia and Lebanon stressed on Tuesday the importance of strengthening Arab cooperation and coordinating the two countries' positions on major regional and international issues. In a joint statement issued at the end of President Joseph Aoun's visit to Saudi Arabia, the two sides reaffirmed the need for the full implementation of the Taif ...

The Anticipated Return of Lebanese-Saudi Relations

Christiane Tager, 04/03 10:30 - Reading : 4 minute(s)

Saudi Arabia Lebanon Economy

Trade relations between Lebanon and Saudi Arabia have long been prosperous, with Lebanese exports reaching over $800 million per year and Saudi imports totaling $1.3 billion. However, political tensions have severely affected these exchanges, reducing their volume by more than half and causing a considerable loss of revenue for Lebanon. Could the ...

Lebanon Embraces Change as Aoun Presses for Hezbollah’s Inescapable Disarmament

Philippe Abi-Akl, 04/03 08:00 - Reading : 4 minute(s)

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There is no longer any doubt that the dramatic developments in Lebanon and the broader region have fundamentally shifted the balance of power, with no possibility of turning back. The wind of change is blowing softly, and those who wish to be part of the path to peace and stability in the Middle East must act quickly before it’s too ...

Aoun in Riyadh: "An Opportunity to Reaffirm Strength of Bilateral Ties"

This is Beirut, 03/03 15:15 - Reading : 1 minute(s)

Joseph Aoun Saudi Arabia Lebanon Relations

President Joseph Aoun declared upon his arrival in Saudi Arabia on Monday, during his first official visit abroad: “it is an opportunity to reaffirm the depth of Lebanese-Saudi relations and to express appreciation for the role played by the Kingdom in supporting Lebanon’s stability, safety, and constitutional institutions.”   Aoun ...

The President in Riyadh: Back to the Fundamentals

Michel Touma, 03/03 09:00 - Reading : 3 minute(s)

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The President in Riyadh: Back to the Fundamentals Two brief yet decisive statements that speak volumes: “Lebanon has endured enough from other people’s wars” (on its territory); “The decision of war and peace must rest solely with the state.” President Joseph Aoun has repeated these words on multiple occasions, capturing with striking ...

A New Chapter for Lebanon in Saudi Arabia and the Arab Summit

Bassam Abou Zeid, 02/03 10:30 - Reading : 2 minute(s)

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The first visit of President of the Republic, Joseph Aoun, to Saudi Arabia marks the beginning of a series of future visits to the Kingdom. Saudi Arabia has repeatedly expressed its willingness to support a Lebanon that is committed to reforms, stability, and fostering strong ties both with the international community and Arab countries. This ...

President Aoun to Asharq Al-Awsat: Only the State Can Decide on War and Peace

This is Beirut, 01/03 00:09 - Reading : 2 minute(s)

Joseph Aoun USA Saudi Arabia

Lebanese President Joseph Aoun outlined his presidential agenda in his first televised interview on Friday, broadcast on the platforms of the Saudi newspaper Asharq Al-Awsat and Asharq News. The president stressed that “only the state can bear the responsibility for protecting Lebanon’s territory and people,” reaffirming his commitment to ...

President Aoun in KSA: Will He Succeed in Restoring Bilateral Ties?

Natasha Metni Torbey, 27/02 21:25 - Reading : 5 minute(s)

Lebanon Saudi Arabia Joseph Aoun MBS

For his first official visit abroad, President Joseph Aoun will head to Saudi Arabia on Sunday, then to Cairo for an extraordinary Arab League summit two days later. These visits could mark a turning point in Lebanon's diplomatic relations with the Arab world, particularly with Saudi Arabia, and potentially usher in a new era of bilateral ...

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