Already in the throes of a deep economic crisis, Lebanon began easing virus-related restrictions on business late last month to try to restore some economic activity. But that plan was paused last …
QRCS, QFFD to provide medical, food aid for Palestinian refugees in Lebanon
Qatar Red Crescent Society (QRCS) and Qatar Fund for Development (QFFD) have signed a memorandum of understanding (MoU) to co-launch an immediate response to Covid-19 at Palestinian refugee camps in …
Lebanon arrests central bank official over currency manipulation
The financial prosecutor’s order marks the first arrest of an official at the central bank during Lebanon’s crisis.
Coronavirus: Lebanon opens farm market, closing street for outdoor business
The city is opening its farm market on Thursday and closing a downtown Lebanon street in coming weekends while taking precautions designed to prevent the spread of COVID-19 .
Lebanon announces flights out for crisis-hit foreign workers
Some foreign workers wishing to be repatriated from crisis-hit Lebanon will be able to do so from next week, security forces said Friday, after many saw their salaries slashed in recent months.
Crisis-hit Lebanon ready to float pound after aid: minister
Lebanon, whose currency has been pegged to the dollar for 23 years, is ready to float the pound only after it secures billions in aid, Finance Minister Ghazi Wazni said Friday. Speaking to AFP after t …
Timeline – Lebanon’s Ordeal: Economic and Political Crises Since Civil War
Lebanon begins negotiations with the International Monetary Fund this week, seeking the IMF’s financial assistance for the first time as the country grapples with an acute financial crisis. The …
Benny Gantz: The ex-military chief who will be Israel’s next PM
He was also commander of the IDF’s Ground Forces during the 2006 war with Lebanon’s militant Hezbollah movement – a conflict for which Israel’s military and government leaders were widely criticised.
Hassan Nasrallah: Israel targeting missile sites in Syria
Hassan Nasrallah, the leader of the Iran-aligned Hezbollah movement in Lebanon, has said Israel is now concentrating its attacks in Syria on missile-manufacturing sites, while denying that Iranian …
Lebanon launches IMF talks to rescue economy; more talks in coming days
The International Monetary Fund on Wednesday said it has begun remote discussions this week with Lebanon, which is seeking some $10 billion of aid to help it out of the worst financial crisis in its …