By Najia Houssari — arabnews.com — BEIRUT: Lebanon’s outgoing head of state Michel Aoun on Sunday launched a blistering attack on his political opponents and the country’s judiciary as he bowed out of the presidential palace. In a speech, the departing president said he was leaving behind, “a robbed country, a worn-out state, and institutions that no longer have any value.” Exiting one day before his mandate expired without a designated successor — deepening the country’s political crisis — he blasted the judiciary for failing to do its job and accused judges of taking bribes. He also blamed opponents for preventing him from bringing to justice Lebanon’s Central Bank Gov. Riad Salameh — who is being investigated in several European countries, including Switzerland, France, Luxembourg, and Liechtenstein for alleged money laundering and embezzlement — who he described as “the perpetrator of all financial crimes.”

FASTFACT

Prime Minister Najib Mikati said the government would continue to carry out all of its constitutional duties, in caretaker mode, in accordance with the provisions of the constitution and regulations. And he claimed influential people had blocked attempts to investigate the deadly Beirut port explosion saying the head of the Supreme Judicial Council had not wanted to appoint anyone to look into the disaster. In addition, Aoun announced that he had signed a final decree formalizing the resignation of Prime Minister Najib Mikati’s caretaker government, exacerbating a months-long power struggle that has paralyzed the government. In a letter to parliament, he called on it not to entrust the caretaker government with the powers of the president, since it had failed to elect a new president within the constitutional deadline. “This government lacks popular legitimacy and thus, constitutional legitimacy,” Aoun said. He also demanded that parliament swiftly select another prime minister-designate to form a government before the presidential term officially ended at midnight on Monday.

by arabnews.com — DUBAI: When Lebanese superstars Haifa Wehbe and Elissa started their illustrious careers it would have been unthinkable for either to perform in Saudi Arabia, let alone on the same stage, but now the divas will join forces for their first-ever collaborative performance — and it is set to take Riyadh by storm […]

by english.alaraby.co.uk — A Lebanese man accused of smuggling subsidised goods out of the country had a heart attack and died live on-air Friday night as he was being questioned on a TV show. Shukrallah Maalouf, a businessman who deals with animal fodder was a guest on a show on Lebanon’s Al Jadeed TV that […]

Beirut (AFP) – When Michel Aoun became president in 2016, putting an end to a two-year power vacuum due to political wrangling, he vowed to be the “strong” president Lebanon so desperately needed. But as his mandate draws to a close next week, the country is reeling from an unprecedented economic crisis, with Beirut having been ravaged in 2019 by one of the world’s biggest non-nuclear explosions. The blast was preceded by a 2019 mass protest movement that demanded Aoun’s departure, along with the rest of Lebanon’s entrenched ruling class. “The presidency was a disappointment, even for him,” said his nephew, lawmaker Alain Aoun. Yet the 88-year-old leader has repeatedly refused to step down or quit politics, even announcing that he would continue his political fight within his party, the Free Patriotic Movement (FPM), upon leaving office. The former army chief ran for the presidency on a platform of fighting corruption, vowing to become “everyone’s father”, a uniting leader in a country where power is divided among sects. But he also ran on a sectarian agenda, promising to defend Christian “rights”, after the community lost some of its political power at the end of the civil war.

In 2019, mass protests gripped the country as it plunged into a financial crisis dubbed one of the world’s worst in recent history by the World Bank. The Beirut port explosion of 2020 further compounded anger against Lebanese leaders blamed for their negligence after tonnes of ammonium nitrate fertiliser caught fire and detonated, killing over 200 people and leaving large swathes of the capital destroyed. “He was subjected to a financial and economic atomic bomb and the explosion in Beirut,” his nephew said of Aoun. “Even if he was not responsible for this, he found himself on the frontline.”

‘To hell’

A short, stocky man who presents himself as Lebanon’s saviour, Aoun has often responded to popular discontent with detachment. Amid the nationwide protests in 2019, he went as far as telling Lebanese they should emigrate if they are unhappy from the country he said was headed “to hell”. Those formerly in his close circle said he was stuck in denial, with one source painting a picture of a power-hungry leader whose “destructive ambition” meant he was “ready to do anything to become president”.

by Fatima Al Mahmoud thenationalnews.com — — In May 2021, my life changed when I made the decision to move from Lebanon to the UAE. It wasn’t an easy choice, but it was the obvious one. After an economic collapse, a pandemic and one of the largest non-nuclear explosions in history, there was only so much more I could take. I began interviewing for my current job at The National immediately after the Beirut blast. Aside from wanting to join an esteemed news organisation, I also really wanted a way out of Lebanon. I remember the editors sensing my despair when my internet completely failed me during our second-stage interview. I made it absolutely clear that I wanted to relocate. Of course I dreaded having to leave my family behind to pursue my career. In fact, it’s one of the toughest things I’ve had to do, but one thing brought me solace — I’d think to myself, they can always come visit. Little did I know, I couldn’t have been more wrong.

The plan was for me to move, get my residency and find a house before brining my mother over to help me get settled in. She was meant to help me furnish the apartment from scratch, teach me a few recipes and maybe even cook a few of my favourite meals that I can keep frozen for when I’m craving a taste of home. But for more than a year now, she has been on an endless waiting list to get her Lebanese passport renewed, and the end is far from near. A lack of funds has crippled Lebanon’s public sector and made it increasingly difficult for people to obtain new travel documents. The earliest available appointment on the General Security’s website is in 2024, with thousands of people waiting for their turn after the demand for a passport surged over the past two years. Many are calling my home country an “open-air prison”. Somehow it feels fitting. Lebanon’s inability to issue passports is only one outcome of decades of corruption and mismanagement.

by middleeastmonitor.com — A Cypriot delegation in Lebanon, on Friday, for talks on maritime border delineation between the two countries said any disputes during that process could be easily resolved, Reuters reports. “There is no problem between Lebanon and Cyprus that cannot be resolved easily,” said Cypriot Special Envoy, Tasos Tzionis, after meeting with outgoing […]

by reuters — BEIRUT — Lebanese and Israeli leaders finalized a U.S.-brokered maritime demarcation deal on Thursday, bringing a measure of accommodation between the enemy states as they eye offshore energy exploration. Leaders from Lebanon, Israel and the U.S. have all hailed the deal as “historic” but the possibility of a wider diplomatic breakthrough remains slim. As a result, there was no joint signing ceremony. Lebanese President Michel Aoun signed a letter approving the deal at his palace in Baabda in the presence of the U.S. official who mediated the accord, Amos Hochstein. “We have heard about the Abraham Accords,” said top Lebanese negotiator and deputy parliament speaker Elias Bou Saab, referring to the 2020 U.S.-brokered normalization of ties between Israel and the UAE and Bahrain. “Today there is a new era. It could be the Amos Hochstein accord.” Israeli Prime Minister Yair Lapid signed separately in Jerusalem, saying the deal was a “tremendous achievement” that had produced Lebanon’s de facto recognition of Israel. “It is not every day that an enemy country recognizes the state of Israel, in a written agreement, in view of the international community,” Lapid told his cabinet in broadcast remarks.

In a pre-recorded interview aired later on Thursday, Aoun said delineating the boundary would prevent war with Israel and that the full status of the southern border would be resolved later through “dialogue.” But he insisted the accord did not constitute a peace agreement with Israel, after having earlier said the deal was purely “technical” and would have “no political dimensions or impacts that contradict Lebanon’s foreign policy.” Lebanon does not recognize Israel’s right to exist and still considers itself at war with its neighbor, with laws barring contact with Israeli officials. It is not every day that an enemy country recognizes the state of Israel, in a written agreement, in view of the international community. — Israeli Prime Minister Yair Lapid “Confidence-building measure” Lower-level delegations from each country headed to the United Nations’ peacekeeping base at Naqoura along their contested land border, which has yet to be delineated.

by famagusta-gazette.com — In the midst of a protracted economic crisis, Lebanese wineries are eyeing the lucrative Chinese market, calling for a joint effort among peers in boosting their sales in China. But tapping a new market requires a big bugdet to be used in areas such as market research, brand promotion and finding the […]

By David Sadler — Today, an official Lebanese delegation is heading to the border area of ​​Naqoura, to deliver the American mediator, Amos Hochstein and the United Nations, a letter signed by President Michel Aoun, including approval of the demarcation of the southern border with Israel in its final form, while the demarcation of the […]

by business-standard.com — Zara owner Inditex has reached an agreement to sell its Russian business to a Lebanese retail and real estate conglomerate, the Spanish fashion giant said on Tuesday in a statement to the country’s competition authorities. The buyer is Daher Group and the potential purchase is pending approval from Russian authorities, Inditex said, without disclosing financial details.

Inditex halted its business in Russia on March 5, shortly after Russian President Vladimir Putin ordered the invasion of Ukraine at the end of February. Following other western brands, the fashion retailer closed its 502 shops and stopped online sales. Tuesday’s announcement marks the end of Inditex’s business in Russia, although the retailer said it would consider returning through a franchise collaboration with Daher if market circumstances changed. The statement to CNMC, the commission that oversees competition in Spain, made no direct reference to the war in Ukraine. The sale agreement includes the transfer of most of the lease contracts of its existing stores, which Inditex says will enable the preservation of a substantial number of jobs generated by the group. Founded in 1975 by Amancio Ortega, Inditex’ rapid success hinged on the ability to serve new fashion collections in record time. It currently operates several brands globally, including Massimo Dutti, Bershka, Pull & Bear and Oysho.

About Daher Group

The Lebanese Daher family have become billionaires by opening 55 fashion and lifestyle brands in 14 countries in the Middle East and North Africa. The Daher brothers — Wassim, Said, and Hasan — own Azadea Group, a Beirut-based company that own and manage 600 retail outlets, including Max Mara, Sunglass Hut, Massimo Dutti, and Zara, among others. Azadea’s largest collection of stores are in mega malls in the United Arab Emirates, which is the company’s most profitable country, according to a former Azadea senior executive. The company employs 11,000 people and the brothers are estimated to have a fortune of at least $1.4 billion, according to the Bloomberg Billionaires Index. Wassim Daher founded the company in 1978 as a multi-brand clothing store in Hamra Beirut. His brother Hasan and Said later joined the company as managing director and chief executive, respectively.