Lebanon

Cabinet Appoints Karim Souhaid as Governor of Lebanon's Central Bank
Cabinet Appoints Karim Souhaid as Governor of Lebanon's Central Bank

The Council of Ministers appointed a new governor for Lebanon’s Central Bank on Thursday, more than a year and a half after the former governor, Riad Salameh, had retired. Karim Souhaid became the new head of the central bank, or BDL, following a vote in which he secured the support of 17 ministers out of 24. The Cabinet resorted to voting ...

Joumblatt Accuses Israel of Using the Druze in Syria
Joumblatt Accuses Israel of Using the Druze in Syria

Druze leader Walid Joumblatt has accused Israel of using the Druze in Syria by increasing outreach to this minority as part of a broader plan, which, according to him, aims to attempt to divide the Middle East into sectarian states. "Israel continues to pursue its longstanding plan... of dividing the region into confessional entities and ...

Karim Souhaid, Head of Lebanon's Central Bank
PortraitKarim Souhaid, Head of Lebanon's Central Bank

Karim Souhaid has been appointed Governor of the Lebanese Central Bank on Thursday during the Cabinet meeting with a majority of 17 votes (7 ministers voted against his nomination). Born in 1964 in Qartaba, Mount Lebanon, Karim Antoun Souhaid is a prominent figure in the world of finance and banking regulation, with expertise spanning the United ...

Six Hezbollah Members Killed in Israeli Attacks Thursday
Six Hezbollah Members Killed in Israeli Attacks Thursday

An Israeli raid targeting a vehicle on the Beraachit-Beit Yahoun road on Thursday afternoon left two people dead, according to the Ministry of Health.  The Israeli army's Arabic-speaking spokesman, Avichay Adraee, announced on X that the two were members of Hezbollah working in ...

Towards the Closure of the Ministry of the Displaced
Towards the Closure of the Ministry of the Displaced

Despite repeated promises from successive governments, the Ministry of the Displaced remains operational, with plans for its closure yet to materialize. Now, with a new administration in power, the question resurfaces: could this long-standing goal be achieved within a year? In this context, Kamal Shehadeh, Minister of the Displaced and Minister ...

Beirut Airport Reorganization: Enhancing Passenger Experience with New Initiatives
Beirut Airport Reorganization: Enhancing Passenger Experience with New Initiatives

Several projects are underway to improve the infrastructure and services at Beirut-Rafic Hariri International Airport (BIA), with concrete measures aimed at optimizing the passenger experience. Among the initiatives being implemented are the strengthening of cleanliness protocols, the recruitment of porters, the repair and acquisition of ...

Lebanon's Central Bank Dilemma: Between Collapse and Recovery
Op-edLebanon's Central Bank Dilemma: Between Collapse and Recovery

Imagine a ship caught in a storm – battered, leaking and listing dangerously – while its crew argues not over how to navigate to safety, but whether to abandon ship entirely or simply repaint the deck. This is Lebanon today: a country sinking under the weight of a financial collapse, and yet, paralyzed by a bitter ideological struggle over ...

Hey! Do You Plan on Doing Something?
Hey! Do You Plan on Doing Something?

Who fired the missiles at Israel last Saturday? Was it Hezbollah? Its “independent” supporters? Palestinians? No one knows for certain. An investigation is underway, we are told. Yet, this incident has ignited tensions, and it is urgent to identify those responsible for potentially plunging Lebanon back into war. Meanwhile, the government ...

Air Algérie Set to Resume Flights to Lebanon
Air Algérie Set to Resume Flights to Lebanon

Air Algérie is preparing to resume flights to Lebanon after suspending operations last August due to the military conflict between Hezbollah and Israel. According to An-Nahar, the Algerian government plans to send a delegation to assess security conditions at Beirut-Rafic Hariri International Airport before resuming services. Notably, ...

Israel Conducts Large-Scale Military Drill Near Lebanese Border
Israel Conducts Large-Scale Military Drill Near Lebanese Border

Israel’s Northern Command launched on Wednesday a large-scale military exercise involving the 91st and 146th divisions, alongside the Air Force, Navy, police, Fire and Rescue Authority, and rapid response teams tasked with protecting border communities. The drill, announced by the Israeli army’s Arabic spokesperson, Avichay Adraee, on his X ...

Lebanon’s Digital Transformation: A Key to Economic Revival, Says Shehadeh
Lebanon’s Digital Transformation: A Key to Economic Revival, Says Shehadeh

Lebanon’s Minister of the Displaced and State Minister for Technology and Artificial Intelligence, Kamal Shehadeh, has underscored the critical role of digital transformation in driving the country’s economic development. In an interview with CNBC Arabia, Shehadeh described digital transformation as “a key step to strengthening economic ...