#Lebanon

Lebanon’s government foresees cancelling “a large part” of the central bank’s foreign currency obligations to commercial banks and dissolving non-viable banks by November, according to a financial recovery ...

Israel activated its missile defenses on Thursday after mistakenly identifying a threat near the border with Lebanon, the Israeli military said. The incident also set off air raid sirens in ...

Iran-backed Hezbollah and its allies have lost their majority in Lebanon’s parliament in a general election, a Reuters tally of final results showed on Tuesday, a major blow to ...

Iran-backed Hezbollah has been dealt a blow in Lebanon’s parliamentary election with preliminary results showing losses for some of its oldest allies and the Saudi-aligned Lebanese Forces party saying ...

Lebanon’s efforts to secure $3 billion in International Monetary Fund support to help it tackle its financial crisis could be derailed by divisions over how to deal with massive financial ...

Cyprus and Lebanon are ready to cooperate and exploit undersea gas fields between the two countries, according to Lebanese Foreign Minister Abdallah Bou Habib, who was on an official visit ...

Lebanon’s government has agreed to disburse $15 million to temporarily resolve growing bread shortages in the country, Economy Minister Amin Salam told Reuters, while saying that the funds would only ...

At least one person was killed and seven were injured in an explosion at a scout centre affiliated with the Shi’ite Amal Movement near Sidon in southern Lebanon, officials ...

The International Monetary Fund (IMF) said on Thursday it had reached a preliminary agreement with Lebanon for a four-year extended fund facility that would only get full approval from the ...

Lebanon’s parliament is ready “with great seriousness” to secure the necessary legislation and reforms to make a programme supported by the International Monetary Fund (IMF) a success, parliament speaker ...

Lebanon Central Bank Governor Riad Salameh on Monday denied that the institution he has led for 30 years was bankrupt and said it was still going about its legally-mandated role despite ...

Lebanese banks will be allowed to sell the local currency for US dollars and vice-versa starting March 28, on the basis of the rate determined by the central bank’s “Sayrafa” ...

Appeals judges at the Lebanon Tribunal on Thursday convicted another two men on charges of terrorism and murder for their role in the 2005 assassination of former Lebanese prime minister Rafik ...

For more than a decade, Lebanon’s central bank charged commercial banks in the country commissions when they bought government securities without making clear that the bulk of those commissions ...

Skiing in Lebanon has long been a luxury for the well-off, but the eastern Mediterranean country’s financial meltdown has thrown most people into poverty and made taking to the ...

Two years into an economic meltdown the World Bank says is one of the worst recorded, Lebanon’s rulers have proposed a way to plug a huge hole in the ...

Lebanon is suffering an economic meltdown that began in 2019 when the financial system collapsed under colossal state debts and the unsustainable way they were funded, while politicians have yet to ...

By Edmund Blair and Laila Bassam Lebanese school teacher Sara Wissam and her husband were comfortably off before a run on the local currency decimated the value of their salaries ...

Lebanese officials have agreed that losses in the country’s financial sector amount to between $68 billion and $69 billion, Deputy Prime Minister Saadeh al-Shami told Reuters but cautioned that the figure ...

A Limassol branch of the French Cypriot School (Ecole Franco-Chypriote) is expected to be up and running in September next year, Education Prodromos Prodromou said on Wednesday. The minister, during ...

Cypriot airline Cyprus Airways announced on Wednesday that it has commenced ticket sales for its winter destinations for this year. The Larnaca-based airline will operate flights to Greece, the United ...

Lebanon has yet to give the IMF its estimate of losses in the financial system as discussions on the issue continue, but is working hard to sign a memorandum of ...

Restaurant owner Antoine Haddad has been in business for over 35 years but says he is running out of hope as Lebanon struggles with one of the deepest financial crises of ...

The judge heading Lebanon’s investigation into the devastating Beirut port explosion suspended the interrogation of former Prime Minister Hassan Diab on Thursday after Diab filed a suit questioning the ...