Tag Archives: Lebanese economy

Lebanonโ€™s new central bank chief pledges crackdown on money laundering and terror financing

Karim Souaid, Lebanon’s newly appointed central bank governor, officially assumed office in Beirut on Friday, pledging to lead the institution with transparency and independence. In his first public remarks, Souaid emphasized his commitment to battling financial crimes, particularly money laundering and the financing of terrorism, while keeping the bank free from political interference. He outlined a roadmap that includes restructuring …

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Salam holds talks with Saudi crown prince in Mecca

Prime Minister Nawaf Salam held talks with Saudi Crown Prince Mohammad bin Salman in Mecca on Sunday, following their participation in the Eid al-Fitr prayers at the Grand Mosque. The meeting took place as part of Salamโ€™s visit to Saudi Arabia, which began the evening before when he arrived on a private Saudi aircraft. According to a statement released through …

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