BEIRUT: Protesters smashed and burned an ATM at a bank in Beirut on Tuesday as depositors again took to the streets to protest against Lebanese banking restrictions that have denied them full access to their foreign currency savings since 2019. At the same time bank customers have been unable to withdraw their savings, the value of the country’s own currency has collapsed amid
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
BEIRUT: A Lebanese judge has issued a travel ban against Creditbank Chairman Tarek Khalife and frozen the bank’s assets, including properties and vehicles, as part of an investigation into alleged money laundering. Mount Lebanon Public Prosecutor Judge Ghada Aoun issued the order after activists filed a lawsuit against several Lebanese banks. Creditbank is the sixth lender