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How Lebanon’s banks can get money back to depositors

One of the biggest names in the stricken financial sector calls for 'hope' amid the crisis that has reduced millions to poverty and ruined the country's reputation. There is now a detailed plan.

Salwa Baalbaki 20 July 2024
Lebanon's outgoing central bank governor Riad Salameh. Reuters

Salameh gives farewell interview steeped in contradictions

Lebanon's central bank governor leaves office after three decades, leaving depositors and the fate of their life savings in the hands of a crude ruling elite

Toufic Chanbour 31 July 2023
The reputation of monetary and financial policymakers can shift over time. For the governor of Lebanon's central bank, his has collapsed more suddenly, along with the country's financial sector. Axel Rangel Garcia

How a central bank’s failings led to Lebanon’s financial collapse

The reputation of monetary and financial policymakers can shift over time. For the governor of Lebanon's central bank, his has collapsed more suddenly, along with the country's financial sector.

Toufic Chanbour 08 May 2023
Lebanese Central Bank Governor Riad Salameh stands next to gold at the central bank in Beirut, in this handout picture obtained by Reuters on November 24, 2022. Lebanon central bank/Handout via REUTERS

Lebanese Prosecutor Seeks to Question Actress in Salameh Graft Probe

A Lebanese prosecutor said on Thursday she had ordered security forces to bring in for questioning a Lebanese actress for whom central bank chief Riad Salameh was suspected of buying luxury property…

08 December 2022
  • Popular
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Politics

2025 highlights and what to look out for in 2026

30 December 2025

Al Majalla reflects on this year and the first quarter of the 21st century, highlighting standout achievements, events and trends

Al Majalla - London
Sara Padovan
Business & Economy

Lightning speed: 25 years of evolving telecoms

30 December 2025

What was cutting-edge in 2000 now sits in museums. From wires, dial-up, and fax paper to the world in the palm of your hand, tech empires have risen and fallen in just a generation.

Abdulfattah Khattab
This aerial view shows residents waving Somaliland flags as they gather to celebrate Israel's announcement recognising Somaliland's statehood in downtown Hargeisa, on 26 December 2025. Farhan Aleli / AFP
Politics

Israel scores strategic win with Somaliland deal, but it comes with risk

27 December 2025

An axis comprising Israel, Ethiopia, and Somaliland appears to be emerging, which has the potential to polarise the Horn of Africa and rapidly accelerate its militarisation

Omar Harkous
Al Majalla
Culture & Social Affairs

Standout Arabic novels of 2025: stories of belonging

30 December 2025

Some stories tackled contemporary life—its realities, tragedies, and evolving conditions—while others turned to the past as an escape, critically distancing themselves from present crises

Ibrahim Adel
US President Donald Trump points his finger towards Israeli Prime Minister Benjamin Netanyahu as they shake hands during a press conference after meeting at Trump’s Mar-a-Lago club in Palm Beach, Florida, on 29 December 2025. REUTERS/Jonathan Ernst
Politics

Will the Gaza ceasefire make it to phase two?

30 December 2025

Israel's ongoing violations of the truce and Trump's apathy over Palestinian grievances give little room for optimism

Brian Katulis

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OPINIONS

Manar Abu Dhabi: a dance between light and nature

Abeer Younis
Abeer Younis

2025 highlights and what to look out for in 2026

Al Majalla - London
Al Majalla - London

Will the Gaza ceasefire make it to phase two?

Brian Katulis
Brian Katulis

Egypt braces for tough regional tests in 2026

Amr Emam
Amr Emam
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