lebanon

UAE, KSA, Egypt Top Arab FDI in 2024 as Lebanon Ranks 6th

The United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA) and Egypt topped the list of Arab countries attracting foreign direct investment (FDI) in 2024, according to the latest data released by the United Nations Conference on Trade and Development (UNCTAD). Lebanon made notable progress, climbing to 6th place in the regional ...

Parliament Committee Approves Military Grants and Green Agriculture Loans

A joint parliamentary committee approved a draft law on Monday to open an additional credit line in the 2025 state budget, allocating monthly financial grants to military personnel. Under the proposed law, active-duty soldiers will receive LBP 14 million per month, while retired military personnel will receive LBP 12 million. Payments are ...

Bekaa Farmers Urge Saudi Arabia to Reopen Agricultural Markets

The head of the Bekaa Wheat and Grains Farmers’ Union and member of the Potato Growers’ Syndicate, Najib Fares, has made an urgent appeal to Saudi Arabia’s leadership on behalf of Lebanese farmers. Addressing King Salman, Crown Prince Mohammed bin Salman, and the Saudi authorities, Fares called for the reopening of Saudi markets to Lebanese ...

Interceptor Debris Sparks Fire in Bint Jbeil

A fire broke out Monday morning between Majdal Selm and Khirbet Selm, in the Bint Jbeil district of South Lebanon, after debris from an interceptor missile fell in the area. The blast was felt in several towns across the region, with residents reporting loud explosions that fueled fears among the population. Such incidents have become ...

Aoun Condemns Damascus Church Bombing

President Joseph Aoun on Sunday expressed his strong condemnation of the terrorist bombing that struck the St. Elias Greek Orthodox Church in the Dweila neighborhood of Damascus, offering his condolences to the Greek Orthodox Church and the families of the victims. In a statement following the attack, Aoun extended his wishes for a swift recovery ...

Hezbollah Reiterates Solidarity with Iran

Hezbollah stated in a communiqué that “the U.S. administration sought, through this criminal aggression, to achieve what the Hebrew State failed to accomplish in their ongoing attacks against the Islamic Republic of Iran and to compensate for their resounding failure in achieving its goals and in confronting Iran’s painful and ...

US Orders Departure of Personnel from Lebanon Amid Security Concerns

On Sunday, the US Department of State ordered the departure of family members and non-emergency US government personnel from Lebanon due to the volatile and unpredictable security situation in the region. The US Embassy urged American citizens in Lebanon to exercise caution and monitor the news for breaking developments. While some airlines have ...

Clear Fire and Political Warnings to Hezbollah

Lebanese officials are closely monitoring the rapidly escalating conflict between Iran and Israel, particularly following the United States’ entry into the hostilities. Washington remains concerned that Hezbollah may be drawn into the confrontation, given its longstanding military, political and ideological alignment with the Islamic Republic of ...

The Enemy

In 1915, in the aftermath of the great genocide of Eastern Christians, Jamal Pasha introduced the concept of the enemy—an invention that proved devastatingly effective in silencing free thought, and with it, existence itself. If, as René Descartes wrote, “I think, therefore I am,” then erasing our existence first required stopping our ...

Joseph El Hourany Carves Arab Identity in Wood, Sara Shamma Paints Perception in Ever-Shifting Green

Lebanese architect and sculptor Joseph El Hourany, President of the Association of Arab Architects, draws from music, architecture, and 46 calligraphic styles to create wooden sculptures that redefine Arab identity. At Mark Hachem Gallery, Sara Shamma’s solo show “Interference Green” transforms a shifting pigment into a powerful metaphor ...

Lebanese Eurobonds Drop 13% Amid Regional Tensions

Lebanese eurobonds, long regarded as one of the most profitable investments in emerging markets in 2024, have sharply declined by 13.15%. This downturn is mainly attributed to the recent outbreak of war between Israel and Iran last Friday, coupled with ongoing stalemates in structural reforms and sovereign debt restructuring. These ...