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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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  • Editor's Pick
Photos of the new head of the Israeli intelligence agency (Mossad), Roman Gofman (right); Syrian Foreign Minister Asaad al-Shaibani; and the US Envoy to Syria, Tom Barrack.
 Al Majalla
Politics

Why Israel's strike in northern Syria surprised Damascus

20 August 2026

Shaibani held several calls with the Mossad chief days before the strike, explaining why the airport's runway was being rehabilitated and that it had no hostile intentions, but Israel bombed it anyway

Ibrahim Hamidi
Pakistan's Ambassador Permanent Representative to the UN, Asim Iftikhar Ahmad, attends a United Nations Security Council meeting after the US and Israel launched strikes on Iran, in New York, on 28 February 2026. REUTERS/Heather Khalifa
Politics

Pakistan's UN envoy: there is no military solution to Iran war

20 August 2026

Ambassador Asim Iftikhar Ahmad speaks to Al Majalla about Islamabad's diplomatic role in the talks between the US and Iran, its balancing act between Tehran and Riyadh and the Mecca Pact

Ahmed Maher
Al Majalla
Science & Technology

Why Israel's outsized influence on global tech is worrying

19 August 2026

From Apple's chips to Nvidia's data centres, Israeli tech has embedded itself in the global tech ecosystem. This comes with grave national security implications.

Marco Mossad
Lina Jaradat
Politics

Ahmed al-Sharaa: the next battle

20 August 2026

Balancing the competing interests of regional and global stakeholders is no easy task. Can the president keep Syria from becoming an arena for regional conflict?

Al Majalla - London
Stock markets reacted to an uptick in US inflation, suggesting that President Donald Trump's tariffs were impacting the American economy. Angela Weiss/AFP
Business & Economy

Why bond markets are unnerving rich-world politicians

20 August 2026

As stocks rise ever higher, yields have been climbing ominously

The Economist

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OPINIONS

Fedorov emerges as a potential political rival to Zelensky

Con Coughlin
Con Coughlin

Four new Saudi films tackle themes of death and renewal

Abdullah Al Duhailan
Abdullah Al Duhailan

Why Israel's outsized influence on global tech is worrying

Marco Mossad
Marco Mossad

Pakistan's UN envoy: there is no military solution to Iran war

Ahmed Maher
Ahmed Maher
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