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Lebanon must regain the trust of the international community to unlock financial aid for reconstruction after the war between Hezbollah and Israel, caretaker Economy Minister Amin Salam said.
The country urgently requires financial support to tackle an economic crisis that began in 2019, exacerbated by the conflict, which inflicted about $10 billion in damage, according to World Bank estimates.
Lebanese political sources said the aid, especially from the Gulf countries, could be released on the condition there is greater political stability and a bigger security role for the army inside the country and at border areas.
“The international community told the new leaders that they need to demonstrate concrete steps towards earning back that trust,” Mr Salam told The National this week during the Raisina Middle East conference in Abu Dhabi.
He warned that “merely appointing new officials is insufficient. Donors want to see execution – real governance in action, in addition to accountability and reform”, adding that “international actors want to see that corruption is really being fought by the new government and that there is transparency in its work”.
Earlier this month, Lebanon elected Joseph Aoun as president and appointed Nawaf Salam as prime minister-designate. These appointments have renewed diplomatic engagement with Lebanon, particularly from Gulf states, which had previously limited ties due to Hezbollah’s dominance over Lebanese politics. The US, France and Saudi Arabia pushed for the election of Mr Aoun.
Israel’s military campaign against Hezbollah last year dealt significant blows to the Iran-backed group. Israel killed its leader Hassan Nasrallah, as well as thousands of fighters, and destroyed much of its arsenal. The group’s position was further weakened by the toppling of its Syrian ally, former president Bashar Al Assad, which disrupted Hezbollah's supply route from its sponsor, Iran.
The war that began on October 8, 2023, following Hamas's attacks on Israel, escalated in September last year as Israel intensified its military campaign against Hezbollah. This included air strikes and a ground invasion. Israeli troops have yet to withdraw from southern Lebanon under the terms of a ceasefire deal that has been extended until February 18.
'Like a virus'
Mr Aoun’s victory and the appointment of Nawaf Salam signalled a further decline in the influence of Hezbollah and Iran in Lebanese politics. They are both seen as newcomers and a break from the traditional system.
Mr Salam has yet to form his government. He said on Wednesday that consultations were continuing “to form a cabinet that meets the expectations of the Lebanese people”. However, observers note that some traditional political parties are obstructing the process by clinging to ministries they have historically controlled.
“The old system is like a virus in the body, fighting back in every way possible,” said Amin Salam. “Despite the strong push from major international players that made this change possible, the system internally is still resisting,” he warned.
Lebanon has long been thirsty for change.
Lebanon's caretaker Economy Minister Amin Salam
“They’re not thinking of the government as an entity that needs to work for the entire country and all its people without expecting anything in return. They see it as a deal where they want the biggest share and profit. This mentality needs time to change.”
The Lebanese president's inaugural address ignited hope for a new era among the people. “The authorities will have a monopoly on weapons,” he told MPs in his maiden speech, apparently in reference to Hezbollah's arsenal.
Last week, Saudi Foreign Minister Prince Faisal bin Farhan travelled to Beirut, becoming the most senior official from the kingdom to visit Lebanon in 15 years. His visit came days after he expressed optimism about the political changes in Lebanon. He said he was confident the new president and the prime minister-designate could “initiate reforms necessary to bolster Lebanon's security, stability and unity”.
A day later, GCC Secretary General Jasem Al Budaiwi and Kuwait's Foreign Minister Abdullah Al Yahya met Mr Aoun at the presidential palace in Baabda, and the UAE recently announced it would reopen its Lebanese embassy, which had been closed for three years.
“Lebanon has long been thirsty for change,” said Amin Salam. “The Lebanese are optimistic, but one hand doesn’t clap; there must be collaboration among all factions.”
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
The story of Edge
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.
It brought together 25 state-owned and independent companies specialising in weapons systems, cyber protection and electronic warfare.
Edge has an annual revenue of $5 billion and employs more than 12,000 people.
Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab
Maestro
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Specs%20
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F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Top%2010%20most%20competitive%20economies
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KILLING OF QASSEM SULEIMANI
Company profile
Company: Verity
Date started: May 2021
Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif
Based: Dubai
Sector: FinTech
Size: four team members
Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000
Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
1,000 Books to Read Before You Die: A Life-Changing List
James Mustich, Workman
Western Region Asia Cup Qualifier
Results
UAE beat Saudi Arabia by 12 runs
Kuwait beat Iran by eight wickets
Oman beat Maldives by 10 wickets
Bahrain beat Qatar by six wickets
Semi-finals
UAE v Qatar
Bahrain v Kuwait
TYPES%20OF%20ONLINE%20GIG%20WORK
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Indoor cricket in a nutshell
Indoor Cricket World Cup – Sep 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now