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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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A picture of Farid al-Madhan, known as "Caesar," wearing a blue robe in the US Congress.
 Reuters/ Al Majalla
Politics

Syria's new post-sanctions test

22 December 2025

Damascus finally gets breathing room after the US repealed its draconian Caesar sanctions, but it can't exhale just yet. Al Majalla explains why.

Haid Haid
Opinion

Israeli gas and the crafting of a 'new Middle East'

22 December 2025

The US is poised to use Israeli gas as a lever to keep Iran on the backfoot following its regional setback, and it could even use it to undercut Russia's economy

Ibrahim Hamidi
Women and children at the Zamzam displacement camp, close to el-Fasher in North Darfur, Sudan, in January 2024. REUTERS/Mohamed Zakaria
Politics

After el-Fasher: the trajectory of war in Sudan

16 November 2025

Washington seems to have changed its tone after the RSF committed atrocities in October, putting increasing pressure on the foreign backers of a paramilitary that now controls Darfur. What next?

Amgad Fareid Eltayeb
Despite a new president, a new prime minister, a new government, and a new central bank governor, what has actually changed after Lebanon's economic collapse? Lina Jaradat
Business & Economy

A state in crisis: Lebanon’s struggle to restore financial stability 

20 December 2025

Following the appointment of a new president, Lebanon has struggled to come to terms with the deep-rooted challenges of its financial collapse

Toufic Chanbour
Culture & Social Affairs

This year in film: landmark moments across platforms

22 December 2025

Al Majalla looks back at a memorable and haunting year in film, with Kaouther Ben Hania's The Voice of Hind Rajab one of 2025's most powerful works

Wael Said

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OPINIONS

Hezbollah's dangerous delusions invite more war to Lebanon

Alia Mansour
Alia Mansour

Crisis and success: how Arab economies fared in 2025

Abdulfattah Khattab
Abdulfattah Khattab

Israel seeks to revive the EastMed pipeline with an eye on Türkiye

Omer Onhon
Omer Onhon

The global AI race heats up

Al Majalla - London
Al Majalla - London
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