The Iraqi government has agreed to continue supplying the Lebanese power company with heavy fuel oil for another year in an attempt to help alleviate some of the country's severe power shortage

Lebanon is now open for entry to the citizens of the United Arab Emirates that will lift a travel ban imposed during a diplomatic row in 2021; both countries made the announcement in a joint statement

"Nobody will lose their deposits but it may take time" Economy Minister Amer Bisat declared to Bloomberg, adding that parliament is expected to pass a draft law on restructuring Lebanon's banking sector within few weeks

A draft law on restructuring Lebanese banking sector was adopted, a condition for unlocking international aid to face the economic crisis it has suffered since 2019; it is considered the first time a Lebanese government has approved a bill of this kind

Beirut was hit by an airstrike carried out by Israel for the first time since a truce between the Israeli army and the Lebanese armed group Hezbollah halted the war between the two in November