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Lebanon

Lebanese State Files Complaint against Central Bank Governor, Asks Arrest of All Involved in Financial Crimes

The Lebanese state represented by the head of the committee of cases at the Justice Ministry, Judge Helena Iskandar, has lodged a complaint against Banque Du Liban’s Governor Riad Salameh and his brother Raja, the state-run National News Agency (NNA) reported Wednesday. According to NNA, the committee of cases filed ...

March 15, 2023

Lebanon

Sheikh Qassem: Hezbollah Nominated Franjiyeh because He is Eligible for Presidency

Hezbollah Deputy Chief Sheikh Naim Qassem affirmed that the Resistance Party nominated Head of Marada Movement Sleiman Franjiyeh for presidency because he is eligible for leadership. Sheikh Qassem addressed Hezbollah opponents in Lebanon, “We nominated who we believe he is eligible for leadership. It is your turn to nominate your ...

March 14, 2023

Lebanon

UK’s “Carte Blanche” in Lebanon: No Need to Contact Official Authorities!

Western countries have made it a norm, if not a policy, to deliberately bypass the Lebanese government institutions when implementing their policies in Lebanon. As Western pressures on Lebanon have increased on issues such as economic reform and the Syrian refugees, efforts have been ramped up to offer an independent ...

March 14, 2023

Lebanon

Lebanese Pound Hits All-Time Low of 100,000 to USD as Banks Back on Strike

Lebanon’s national currency reached an all-time low of 100,000 to the US Dollar on Tuesday, as banks resumed their open-ended strike in protest at a succession of judicial decisions against the embattled financial sector. The Lebanese pound is now trading at 100,000 to one US dollar on the parallel market, ...

March 14, 2023

World

Dean of Business Administration Faculty at Maaref University Professor Bassam Hamdar

Banks Collapse Indicates Major Economic Crisis in USA and Europe: Expert Tells Al-Manar

In light of the successive collapses of the banks in USA, a deep crisis is looming in one of the world’s biggest economies, which will also affect the European Union countries. US President Joe Biden said Monday that people should “rest assured” after his administration acted to ease uncertainties about ...

March 13, 2023

Lebanon

Lebanon’s Central Bank Governor Summoned in European Probe

A Lebanese judge has asked central bank chief Riad Salameh to appear before visiting European investigators, a judicial official said on Monday, part of a multinational probe into his personal wealth. Salameh “has been summoned to appear at 10:00 am (0800 GMT) on Wednesday” before investigators from France, Luxembourg and ...

March 13, 2023

Lebanon

Lebanon Ramps Up Political Activity as Pound Reaches New Record Low

Lebanon ramped up political activity on Monday in a bid to reach an agreement on electing a new president, as the exchange rate of the US Dollar kept up its drastic rise, surpassing 94,000 Lebanese Pound. Caretaker Prime Minister Najib Mikati paid a visit to Maronite Patriarch Cardinal Mar Beshara ...

March 13, 2023

Lebanon

Hezbollah, Sayyed Nasrallah Had Prior Knowledge of Iran-Saudi Deal: Official

Member of Hezbollah Politburo Ghaleb Abu Zeinab told Al-Manar on Monday that Secretary General Sayyed Hasan Nasrallah had prior knowledge of the deal between Iran and Saudi Arabia, which was announced in Beijing last Friday. In an interview with Al-Manar’s “Maa Al-Hadath”, Abu Zeinab said there have been an anti-Hezbollah ...

March 13, 2023

Top

1985 Bir Al-Abed Terrorist Blast: “Made in USA”

In March 8, 1985 a powerful explosion rocked Beirut, near the house of Ayatollah Sayyed Mohammad Hussein Fadlalah, an influential cleric who had been described as the spiritual leader of Hezbollah. Sayyed Fadlallah was the target of the explosion, but fortunately he escaped the assassination attempt. The massive blast killed ...

March 10, 2023

Lebanon

Sayyed Nasrallah: Palestine Without ‘Israel’ an Inevitable Fact

Hezbollah Secretary General Sayyed Hasan Nasrallah stressed on Friday that having Palestine liberated from ‘Israel’ is not a dream but rather an inevitable fact. In a televised speech addressing memorial ceremony of Hezbollah commander Assad Saghir (Hajj Saleh), Sayyed Nasrallah stressed that latest developments in the Zionist entity are historic, ...

March 10, 2023