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Auditors have been given new information to help them with their forensic audit of the Bank of Lebanon, which is required to secure funding.

The severed relationship between Banque du Liban and foreign correspondent banks will make it tough for Lebanon to transfer foreign payments and purchase basic goods from abroad.

US denies weighing sanctions against Lebanon Central Bank chief

The New Arab Staff

US denies weighing sanctions against Lebanon Central Bank chief

Anti-corruption expert Gina Chammas criticised the US and international institution for working with corrupt Lebanese officials for over three decades.

Lebanon to start reviewing banking sector amid economic crisis

The New Arab Staff & Agencies

Lebanon to start reviewing banking sector amid economic crisis

Lebanon's central bank was to start reviewing the country's banks as it faces international pressure for banking sector reform amid its worst ...

UAE sheikh's investment in Israeli soccer club on hold

The New Arab Staff & Agencies

UAE sheikh's investment in Israeli soccer club on hold

Sheikh Al-Nahyan has put on hold, his investment in the notorious Beitar Jerusalem soccer club, after it was announced that an audit of ...

The New Arab Staff & Agencies

Lebanon central bank governor denies transfer of capital

Riad Salameh has denied charges of aggravated money laundering in connection with possible embezzlement.

The New Arab Staff & Agencies

Dozen US senators plan to oppose Biden certification

Despite dozens of court rulings and officials finding no widespread voting problems, Ted Cruz is leading a team of senators desperate to derail ...

The New Arab Staff & Agencies

French investigators to question Carlos Ghosn in Lebanon

The official gave no specific date or details of what information the investigators would seek from Ghosn.

Donors say Beirut's recovery will cost $2.5 billion

The New Arab Staff & Agencies

Donors say Beirut's recovery will cost $2.5 billion

International donors outlined a $2.5 billion response plan to the devastating port blast in Beirut, Lebanon.

The New Arab Staff & Agencies

France looks to rally aid for Lebanon

Wednesday's meeting will reportedly concern the use of urgent aid, father than substantial financial pledges to a country one French official ...

World bank warns of 'prolonged depression' in Lebanon

The New Arab Staff & Agencies

World bank warns of 'prolonged depression' in Lebanon

The World Bank has urged Lebanon to swiftly form a reform-minded government.

Lebanon parliament calls for unhindered public sector <em>audit</em>

The New Arab Staff & Agencies

Lebanon parliament calls for unhindered public sector audit

Lebanon's parliament voted in favour of a sweeping financial audit of state institutions.

Trump tries to leverage power to subvert Biden win

The New Arab Staff & Agencies

Trump tries to leverage power to subvert Biden win

Donald Trump remains defiant in the face of Biden's recent presidential victory.

Georgia Secretary of State certifies election for Joe Biden

The New Arab Staff & Agencies

Georgia Secretary of State certifies election for Joe Biden

Georgia has provided confirmation that Joe Biden won the state.

The New Arab Staff & Agencies

Forensic audit firm drops Lebanon over missing data: presidency

A New York-based firm pulled out from the audit after Lebanese authorities failed to hand over essential documents on time.

The New Arab Staff & Agencies

Biden denounces 'irresponsible' Trump fight to reverse election

Trump has sent 'damaging messages' to the rest of the world about how American democracy functions, Biden said.

The New Arab Staff & Agencies

Georgia recount expected to affirm Biden win

Georgia is expected to confirm President-elect Joe Biden as the state's winner, as President Donald Trump doubles down on his baseless claims of ...

The New Arab Staff & Agencies

Georgia to release report on presidential race hand tally

Georgia will release its tally to put to rest criticism from Trump and his allies over voter counting.

Lebanon to introduce digital currency

The New Arab Staff

Lebanon to introduce digital currency

Lebanon has become the latest country to introduce a new digital currency.

Nizar Hassan

Hariri's return: the fruit of a counterrevolution

Comment: By returning Hariri to the premiership, Lebanon's ruling class has completed a counterrevolutionary cycle that started with his ...

Lebanon gets more time to meet <em>audit</em> demand

The New Arab Staff & Agencies

Lebanon gets more time to meet audit demand

Lebanon has been given three more months to provide data for a forensic audit of the central bank after failing to meet a deadline

Lebanon begins consultations to pick new prime minister

The New Arab Staff & Agencies

Lebanon begins consultations to pick new prime minister

Lebanon's President Michel Aoun is holding meetings with the country's parliamentarians to name a new prime minister.

Lebanon's exit from crisis hinges on new PM: president

The New Arab Staff & Agencies

Lebanon's exit from crisis hinges on new PM: president

Lebanon's President Michel Aoun said the country's next prime minister will have to lead reforms and battle corruption.

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