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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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Saudi Crown Prince Mohammed bin Salman and US President Donald Trump at the White House, Washington, on 18 November 2025.
 SPA
Politics

Saudi Arabia scores ally upgrade in Washington

19 November 2025

Trump elevates Saudi Arabia to 'major non-NATO ally' status, but bigger issues of normalisation with Israel and a binding security treaty need more time. Nonetheless, this is a huge step forward.

Abdullah F. Alrebh
Lina Jaradat
Business & Economy

Hezbollah money laundering risks sanctions on Lebanon

17 November 2025

Media reports show pro-Hezbollah charities using online platforms to solicit donations via digital wallets to circumvent sanctions. In Lebanon's cash economy, that is a dangerous game to play.

Thuraya Shahin
Al Majalla's Editor-in-Chief Ibrahim Hamidi interviews Syrian Foreign Minister Asaad al-Shaibani on 13 November 2025. Axel Rangel Garcia
Politics

Asaad Shaibani on how Syria untangled its Russian knot

18 November 2025

In Part 1 of a two-part interview with Al Majalla, Syria's foreign minister explains how the Assad regime fell and how President Ahmed al-Sharaa went from a wanted man to a world leader

Ibrahim Hamidi
Go Nagai with a 'Grendizer' poster
 AL MAJALLA/ AFP
Culture & Social Affairs

50 years on, 'Grendizer' still stirs Arab hearts

23 November 2025

The Arab world's connection to the cartoon series remains uniquely intimate. No other animated comic hero has achieved the same level of fame, resonance, and longevity.

Shadi Alaa Aldin
Ukraine's President Volodymyr Zelensky (L) looks on during a meeting with US Secretary of the Army Daniel Driscoll in Kyiv, amid the Russian invasion of Ukraine on 20 November 2025. AFP
Politics

Trump presents Ukraine with a ‘very tough choice’

24 November 2025

Zelensky said he's being asked to decide between Ukraine losing its dignity or losing a key partner

Sam Skove and John Haltiwanger

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