He faces allegations of crimes including embezzlement in separate probes in Lebanon and abroad … Join hundreds of Middle East professionals with Al-Monitor PRO. Business and policy professionals use …
Popular Lebanon City sandwich shop closing, looking for new ownership
After over 70 years in business, a downtown Lebanon favorite lunch spot, Gus Deraco’s Italian Sandwiches will be closing down. Located at 714 Cumberland St., the restaurants last day will be on March …
European team ends questioning of Lebanon Central Bank chief
BEIRUT (AP) — A European legal team on Friday wrapped up two days of questioning of Lebanon’s Central Bank chief in Beirut in a money-laundering probe linked to the governor, officials said. Several …
From acclaim to blame: Lebanon’s bank chief Riad Salameh
Warning signs’ – In 1993, Salameh was installed as central bank governor, a post in sectarian Lebanon reserved for a Maronite Christian. He was nominated by then prime minister Rafic Hariri, a wealthy …
Lebanon gas leak repaired, residents cleared to return
UPDATE 7:52 a.m. (3/16/23) – According to the Lebanon Fire Department, the gas leak has been repaired and residents are cleared to return to their homes. UPDATE 9:52 p.m. – While Summit Natural Gas …
Lebanon man, woman arrested in connection with burglary
A Lebanon man and woman were taken into custody Tuesday, March 14, after the Linn County Sheriff’s Office responded to a call about a burglary in progress in the 36000 block of Cold Springs Road near …
Lebanon central bank chief snubs European investigators
The complaint requests the three be arrested, their property seized and their bank accounts frozen in Lebanon and abroad, according to the source, as well as the accounts of their spouses and minor …
Lebanon’s pound hits a new low as banks go back on strike
BEIRUT (AP) — Lebanon’s embattled currency hit a new low Tuesday, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the crisis-hit country’s banks went back on …
Lebanon’s pound hits a new low as banks go back on strike
BEIRUT (AP) — Lebanon’s embattled currency hit a new low Tuesday, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the crisis-hit country’s banks went back on …
World Bank sets conditions for Lebanon to access electricity funding
Lebanon has to audit its state electricity company among other reforms the World Bank has required before it will consider funding Lebanon’s worn-down electricity sector, the bank’s regional vice …