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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
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Politics

Iran’s waning influence

27 June 2025

Our July issue features in-depth articles and expert analyses exploring the future of Iran's influence and the long-term reverberations for the region

Al Majalla - London
Lina Jaradat
Culture & Social Affairs

Gaza’s ‘death trap’ aid centres: a real-life Hunger Games

02 July 2025

Israel's commandeering of aid distribution in Gaza forces starving Palestinians to run the gauntlet at centres with biometric monitoring systems, armed security, and life-or-death hazards

Hala Al-Naji
People gather to celebrate after Lebanese parliament elects army chief Joseph Aoun as the new president, on January 9, 2025, in Al-Aaishiyah, Lebanon. Ramiz Dallah/Getty
Politics

Lebanon’s second chance at statehood

02 July 2025

The crippling of Hezbollah's dominance and the Assad regime's fall in Syria have created a narrow but historic opening for the Lebanese people

Paul Salem
Lina Jaradat
Business & Economy

Oman is quietly redefining its development model

29 June 2025

It is no longer the Gulf's quiet outlier but a country quietly setting a new standard for sustainable economic development in the region

Neil Quilliam
Lina Jaradat
Politics

How the Middle East can capitalise on Iran’s regional setback

02 July 2025

The US security umbrella will focus on Iran's direct threats, but regional states should deal with Tehran's residual proxy groups in the region

James Jeffrey

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