Finance Ministry wants to reassess Lebanese banks' real estate, land assets
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Money laundering: Cabinet takes measures to remove Lebanon from FATF gray list
While all eyes were on the issue of Hezbollah's disarmament, for which the government set a timeline and a deadline at the end of 2025, it also took a significant step on money laundering and terrorism financing by approving, on Tuesday, Aug. 6, amendments to Law No. 44 of Nov. 24, 2015. The draft law, aimed at removing Lebanon from the Financial Action Task Force (FATF) gray list, which it has been on since October 2024, was immediately referred to Parliament for review. Catch up on Tuesday's meeting A 'grave sin': Hezbollah and Amal lash out at government, without severing ties Lawyers and waqf (religious endowment) obligationsSeveral provisions of the current law were amended to broaden its scope and toughen penalties, which had previously been more akin to minor infractions, to make them more proportionate and
L'Orient-Le Jour
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Director of the Beirut and Mount Lebanon Water Authority dismissed from office
The director general of the Beirut and Mount Lebanon Water Authority, Jean Gebran, was dismissed from his position by the government and placed at the disposal of the Minister of Energy and Water, Joe Saddi, the latter told L'Orient-Le Jour on Wednesday. "Gebran's term ended in 2021. Since then, he had been handling day-to-day management," Saddi explained, pointing out that the board of directors' term at the institution had also expired. "Unfortunately, this kind of situation is common in the administration." When asked about immediate measures, the minister stated that "the most senior official in the hierarchy will serve as interim head of the office." He also announced his intention to soon submit to the Administrative Development Ministry and the Civil Service the list of required qualifications for the role, so that a call for applications may be launched "as soon as possible." He also expressed the wish to see a new board of directors appointed as soon as possible. Contacted by L'Orient-Le Jour, Gebran did not respond. In recent years, the Lebanese public administration has suffered from repeated political crises, the presidential vacancy, which lasted from October 2022 to January 2025, and the economic collapse, which, due to the sharp depreciation of the national currency, has greatly eroded salaries in the public sector.
Nahar Net
10 hours ago
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Report: Int'l relief over Lebanon's steps on reform and arms
by Naharnet Newsdesk 07 August 2025, 15:05 There is international relief over the Lebanese state's initiation of economic reform and arms monopolization measures, Al-Arabiya television quoted sources as saying on Thursday. 'There are efforts to hold international meetings at the end of the month to prepare for supporting the Lebanese state,' the sources said. 'The Lebanese state's steps pave the way for restoring international confidence in Lebanon,' the sources added.
