The national flag flies over the government palace building in Beirut, Lebanon. EPA
The national flag flies over the government palace building in Beirut, Lebanon. EPA
The national flag flies over the government palace building in Beirut, Lebanon. EPA
The national flag flies over the government palace building in Beirut, Lebanon. EPA

UN Security Council calls on Lebanon to 'swiftly' form a government


Adla Massoud
  • English
  • Arabic

The UN Security Council urged Lebanon's newly elected leaders on Thursday to “swiftly” establish a government, after the election of Joseph Aoun as President after more than two years of the position being vacant.

A presidential statement, drafted by France, follows Mr Aoun's nomination of the presiding judge at the International Court of Justice in The Hague, Nawaf Salam, as prime minister.

Mr Salam is now charged with the task of assembling a cabinet that will hopefully pull the nation from a severe economic crisis that has persisted for five years. Since Wednesday, Mr Salam has been consulting with political parties before putting together a list of cabinet members.

The Security Council acknowledged the “continued support of the international community” in creating favourable conditions for Lebanon's recent electoral process and called for “renewed unity” among all factions to address the country's many challenges.

Lebanon's deeply divided political class last week finally elected Mr Aoun after two years of deadlock.

A UN diplomat stated that Saudi Arabia's renewed involvement in Lebanese affairs was "necessary" and played a role in the election of Mr Aoun, which was also supported by the Shiite parties Amal and Hezbollah.

"The weakening of Hezbollah further facilitated the process," the diplomat added.

The council also praised the November 27 agreement that ended hostilities between Israel and Lebanon, urging all parties to faithfully enact its provisions to ensure lasting peace and stability in the region.

UN Secretary General Antonio Guterres is visiting the nation as the deadline approaches for full implementation of the ceasefire between Hezbollah and Israel in southern Lebanon.

Mr Guterres is expected to meet officials and visit peacekeepers in southern Lebanon during his trip, which will last until Saturday, his spokesman Farhan Haq told reporters.

Under the November 27 truce brokered by France and the US, which ended two months of all-out war between both sides, the Lebanese army is to be posted alongside UN peacekeepers in the south as the Israeli army withdraws over a 60-day period, which expires on January 26.

Hezbollah is to withdraw its forces north of the Litani River, about 30km from the border with Israel, and dismantle any remaining military infrastructure in south Lebanon.

A committee composed of Israeli, Lebanese, French and US delegates, as well as a representative from the UN peacekeeping force Unifil, has been given the task of monitoring the implementation of the deal.

The Security Council expressed concerns about, and called for the end of, reported breaches of the agreement, warning that UN peacekeepers and premises must never be the target of attacks.

UN human rights chief Volker Turk, who was also visiting Lebanon, said the ceasefire between Hezbollah and Israel continues “broadly to hold, albeit with worrying reports of continued demolitions by Israeli forces in towns and villages in southern Lebanon”.

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%3Cp%3E%3Cstrong%3E%0DMain%20Event%0D%3A%20Lightweight%20Title%3C%2Fstrong%3E%0D%3Cbr%3EAmru%20Magomedov%20def%20Jakhongir%20Jumaev%20-%20Round%201%20(submission)%0D%3Cbr%3E%3Cstrong%3ECo-Main%20Event%0D%3A%20Bantamweight%3C%2Fstrong%3E%0D%3Cbr%3ERany%20Saadeh%20def%20Genil%20Franciso%20-%20Round%202%20(submission)%0D%3Cbr%3E%3Cstrong%3ECatchweight%20150%20lbs%3C%2Fstrong%3E%0D%3Cbr%3EWalter%20Cogliandro%20def%20Ali%20Al%20Qaisi%20-%20Round%201%20(TKO)%0D%3Cbr%3E%3Cstrong%3EBantamweight%3C%2Fstrong%3E%0D%3Cbr%3ERenat%20Khavalov%20def%20Hikaru%20Yoshino%20-%20Round%202%20(TKO)%0D%3Cbr%3E%3Cstrong%3EFlyweight%3C%2Fstrong%3E%0D%3Cbr%3EVictor%20Nunes%20def%20Nawras%20Abzakh%20-%20Round%201%20(TKO)%0D%3Cbr%3E%3Cstrong%3EFlyweight%3C%2Fstrong%3E%0D%3Cbr%3EYamato%20Fujita%20def%20Sanzhar%20Adilov%20-%20Round%201%20(submission)%0D%3Cbr%3E%3Cstrong%3ELightweight%3C%2Fstrong%3E%0D%3Cbr%3EAbdullo%20Khodzhaev%20def%20Petru%20Buzdugen%20-%20Round%201%20(TKO)%0D%3Cbr%3E%3Cstrong%3ECatchweight%20139%20lbs%3C%2Fstrong%3E%0D%3Cbr%3ERazhabali%20Shaydullaev%20def%20Magomed%20Al-Abdullah%20-%20Round%202%20(submission)%0D%3Cbr%3E%3Cstrong%3EFlyweight%3C%2Fstrong%3E%0D%3Cbr%3ECong%20Wang%20def%20Amena%20Hadaya%20-%20Points%20(unanimous%20decision)%0D%3Cbr%3E%3Cstrong%3EMiddleweight%3C%2Fstrong%3E%0D%3Cbr%3EKhabib%20Nabiev%20def%20Adis%20Taalaybek%20Uulu%20-%20Round%202%20(submission)%0D%3Cbr%3E%3Cstrong%3ELight%20Heavyweight%3C%2Fstrong%3E%0D%3Cbr%3EBartosz%20Szewczyk%20def%20Artem%20Zemlyakov%20-%20Round%202%20(TKO)%3C%2Fp%3E%0A
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Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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Updated: January 16, 2025, 10:05 PM