France, Germany and Luxembourg have seized properties and frozen assets worth 120 million euros ($130 million) in a major operation linked to money laundering in Lebanon, the EU's justice agency said Monday. "Five properties in Germany and France were seized as well as several bank accounts," were frozen, Eurojust said...

The world must not forget the millions of people in need across the Middle East and North Africa, UN chief Antonio Guterres told the Security Council.

The emirate's Virtual Asset Regulatory Authority governs cryptocurrency trade through a comprehensive set of legislations and globally applicable policy frameworks.

A Lebanese judge Monday charged central bank chief Riad Salameh with "illicit enrichment" and money laundering after he failed to attend a court hearing for the fifth time, a judicial source told AFP. Judge Ghada Aoun also charged Salameh's brother Raja with "facilitating money laundering" after he was arrested last...

Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the rankings among the Arab countries.

The World Happiness Report, now in its 10th year, is based on people's own assessment of their happiness, as well as economic and social data.

A Lebanese judge on Thursday arrested the brother of Central Bank governor Riad Salameh, both of whom are suspected of embezzlement and money laundering, judicial sources said. Judge Ghada Aoun arrested Raja Salameh "after questioning him for three hours", a court official told AFP on condition of anonymity. Riad Salameh...

Lebanon's energy industry sees a loss of up to $2bn every year as state treasury pays over $50bn in advances to Electricité du Liban. Can solar power offer relief to general public?

A prosecutor in Lebanon has issued travel bans against the heads of the boards of five Lebanese banks as a precautionary measure as she investigates transactions by their banks, according to the media reports.

Lebanese families are lobbying authorities to return their relatives held in Syria.

Lebanon's transport minister has said that Spain will finance a plan to revive the railway network that has been out of service since the start of the 1975-1990 civil war. A deal for a "comprehensive master plan for the 407 kilometer-long (252 miles) railway" is expected next month, Public Works...

Weekly storytelling events are one of the last affordable pleasures in Lebanon, where a crashing local currency has rendered books something of a luxury.

The European Union will send election observers to monitor Lebanon's May 15 parliamentary polls, at the invitation of Beirut's government, the bloc's foreign service said on Wednesday. The team's chief observer, Gyoergy Hoelvenyi, said in a statement it will be the fourth time the EU has sent observers to Lebanon,...

Gas from Egypt and Jordanian electricity is expected to help Lebanon restore electricity supply to 8-10 hours a day soon.

The Ministry of Energy and Water has said the two dams have so far cost $90 million, and not the $1 billion that has been claimed.

More than two years into a financial crisis that has seen the local currency lose 90 percent of its value, the reputation of Lebanese lenders has been shredded.

After two weeks of talks, the IMF said Friday it has advanced efforts to secure an aid program to help Lebanon overcome its "unprecedented and complex" economic crisis, but more work is needed. The country will need fiscal reforms that ensure it can manage its debt load as well as...

On Thursday, Lebanese Interior Minister Bassam Mawlawi said he was banning ‘two events’ organized by Bahraini opposition figures.

Lebanon’s Fuel Distributors Representative Fadi Abu Chakra has confirmed that "there is no diesel oil crisis" in the country. The rumors of oil crisis started to circulate after a ship carrying 42 thousand tons of diesel met with a marine accident due to strong winds near the Amchit coast. Abu...

Turkey has lifted the ban on importing scrap metals from Lebanon, which could secure about $100 million annually for Lebanon, according to Minister of Economy and Trade, Amin Salam. Salam said that during his meeting in Ankara with Turkish Trade Minister Mehmet Muş, Interior Minister Suleiman Soylu and Foreign Minister...

The items returned have been characterized as ‘witnesses to the childhood of human history.’

A group of engineers in Lebanon held a sit-in protest outside the Central Bank branch in Sidon, in conjunction with similar stands outside BDL’s branches in Beirut and other regions.

Four women groups from the South, the North, Mount Lebanon, and the Bekaa received grants.

Lebanese officials began talks with the IMF last month to pull the country out of the worst economic crisis in its history. Despite the economic collapse, Lebanon’s ruling class has blocked reforms that foreign donors say must happen before aid is dispensed.

For the patrons filling Beirut's cafes these days, the most important things are good lighting and stable wi-fi.

Lebanon said Monday it had busted at least 17 suspected Israeli spy networks, in one of the largest nationwide crackdowns in recent years. Interior minister Bassam Mawlawi informed cabinet that security forces had "clamped down on 17 spy networks working for Israel," acting information minister Abbas Halabi said after the meeting....

Kuwait said Sunday that a Lebanese response to a list of suggested measures to ease a diplomatic rift with Gulf Arab countries is currently under review. Kuwaiti Foreign Minister Sheikh Ahmed Nasser al-Mohammed Al-Sabah said that receiving the response was a "positive step by the Lebanese authorities".

Snow carpeted Jerusalem and the eastern Mediterranean as a rare storm turned the Holy City into a winter wonderland but brought misery to the region's Syrian refugees.

The agreement signed by Energy Minister Walid Fayad with his Jordanian and Syrian counterparts is expected to give Lebanon two extra hours of mains electricity a day, doubling the supply currently provided by the cash-strapped government.

Lebanese officials began much-delayed talks with the International Monetary Fund Monday on support measures aimed at lifting the country out of its worst-ever economic crisis. "We hope the negotiations will be concluded as soon as possible, but given the complexity of the issues it is possible that other rounds will...

Former Lebanese prime minister Saad Hariri announced Monday he would not run in upcoming parliamentary elections and was withdrawing from political life. The 51-year-old three-time premier announced his decision during a press conference in the capital Beirut.

The current midmarket rate for a US dollar is LBP1,500, while the black-market rate is more than LBP23,000 to the dollar.

Kuwait's foreign minister said Sunday that he has given Lebanese authorities a list of suggested measures to be taken to ease a diplomatic rift with Gulf Arab countries. The proposal were delivered to Lebanon's PM Najib Mikati and President Michel Aoun by Kuwaiti Foreign Minister.

Crisis-hit Lebanon will sign a deal with Jordan next week to bring in electricity via Syria to help ease grueling power cuts, the energy minister has told AFP.

Under the agreement, Lebanon will be provided with about 150 megawatts of electricity from midnight to 6 am, and 250 megawatts during the remaining hours.

A Lebanese judicial delegation will meet French authorities in Paris next week to discuss investigations into Lebanon's central bank governor Riad Salameh, a judicial source said on Thursday. Salameh is among the top Lebanese officials widely blamed for the country's unprecedented financial crisis that the World Bank says is of...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three Hezbollah-linked financial facilitators and their Lebanon-based travel company. Specifically, OFAC designated Adel Diab, Ali Mohamad Daoun, Jihad Salem Alame, and their company, Dar Al Salam for Travel & Tourism. This action comes at a time in...

Lebanon ministers said they aim to increase the hours of EDL’s power supply in the near future by securing Egyptian gas and Jordanian electricity.

The Lebanon Presidency Press Office denied the information broadcasted by Al-Jadeed TV on Sunday evening, which claimed that the President General Michel Aoun, “gave permission” to raid a number of banks in the context of investigations of bank lawsuits. "The Press Office asserts that this news is fabricated and baseless,"...

A total of 2,000 new companies from 106 countries registered with the Sharjah Publishing City Free Zone (SPC Free Zone) in 2021. The Free Zone said in a statement that most of these companies were from the UK, India, Pakistan, the Philippines, and Lebanon. Stakeholders in the education and publishing...

The Federation of Arab News Agencies (FANA) has stressed on the significance of the Palestinian cause and flayed the attempts of some agencies to block the information related to the issue. FANA approved a memo on dealing with global platforms on the conclusion of its 48th General Assembly on Wednesday,...

Riad Salameh is among the top Lebanese officials blamed for a financial crisis that the World Bank says is of a scale usually associated with wars.

Lebanon telecommunications ministry's budget would be based on two figures instead of one within the framework of the new state budget, said telecoms minister Johnny Corm. Corm said the first figure took into consideration the possibility of continuing to charge consumers the same current tariff, which is based on the...

Mikati held a meeting with Egyptian Prime Minister Dr. Mostafa Madbouly in Sharm El-Sheik on Monday.

Lebanon, a country of around 6 million people, is grappling with an unprecedented financial crisis that the World Bank says is on a scale usually associated with wars. The currency has crashed, people's purchasing power has plummeted, and the monthly minimum wage is now worth $22.

Lebanon experienced total blackouts after demonstrators stormed a key substation and tampered with the electrical equipment.

The latest exchange of insults follows a crisis between Lebanon and Gulf Arab states over the war in Yemen.

Arsal town is home to 70,000 Syrian refugees. The cost of fuel families need to power their stoves has risen by around 350 percent after Lebanon lifted fuel subsidies.

The midmarket rate for the Lebanese pound is around 1,500 to the dollar, but the reality on the ground is that the black-market rate of 30,000 prevails.

Prime Minister Najib Mikati has said the Hezbollah allegations do not reflect the official position of Lebanon.