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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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Nesma Moharam
Politics

Two years after October 7

06 October 2025

Al Majalla examines the repercussions of Hamas's attack on Israel, which set into motion a series of significant changes and power shifts in the Middle East

Al Majalla - London
Syrian President Ahmed al-Sharaa (L) visits the polling station where members of Syrian local committees have been casting their votes to select members of an interim parliament, in Damascus on October 5, 2025. LOUAI BESHARA / AFP
Politics

Cheers and jeers as Syria votes in first post-Assad parliament

06 October 2025

Only 4% of 119 members selected in the indirect vote were women, and only two Christians, sparking concerns about inclusivity and fairness. Meanwhile, voting was postponed in Druze and Kurdish areas.

Subhi Franjieh
Al Majalla
Politics

Allies' anger over Gaza tests US support for Israel

03 October 2025

Trump may be willing to accept global isolation to keep supporting Israel, but at some point, he may conclude that he isn't getting enough from Netanyahu in return

Christopher Phillips
A shopkeeper looks out through a window displaying replicas of football trophies at a gift shop in Souq Waqif bazaar in Doha on July 24, 2025. Karim JAAFAR / AFP
Business & Economy

Qatar’s economic resilience and the road ahead

07 October 2025

Qatar is positioning itself not only to weather external shocks, but to thrive in a changing global environment

Neil Quilliam
© Fine Art Images/Heritage Images via Getty Images
Culture & Social Affairs

Morocco's influence on Matisse

02 October 2025

The famed painter (1869-1954) found both himself and the inspiration he needed in two visits to Tangier in the early 20th century, the effects of which are still very evident.

Azeddine Bourkia

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OPINIONS

Türkiye poised to strengthen its hand in the Eastern Mediterranean

Michael Harari
Michael Harari

Qatar’s economic resilience and the road ahead

Neil Quilliam
Neil Quilliam

Morocco’s Gen Z takes to the streets demanding change

Mohamed Sharki
Mohamed Sharki

Will Lebanon miss its chance at good ties with Syria?

Alia Mansour
Alia Mansour
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