Morgan Ortagus, the U.S. Deputy Special Presidential Envoy, praised Lebanon today for passing a new amendment to its banking secrecy law, calling it an important step toward much-needed financial reforms. Ortagus said in a statement; “We commend Lebanon’s recent passing of a banking secrecy law and support further urgently needed economic reforms in its banking […]
Here are the highlights of the week: 1- Parliament approved several laws today, including: Approval for Lebanon to increase its shares in the International Finance Corporation (IFC).The session was then adjourned to 6:00 PM. Laws concerning Beirut’s municipality were postponed and referred to a special committee. MTV reported ongoing efforts to form a unified list […]
On April 23, 2025, PayPal officially opened its first regional headquarters in the Middle East and Africa. The new office is located in Dubai Internet City and will support PayPal’s work across 80 countries in the region. This move shows PayPal’s dedication to helping people and businesses in the area take part in the global […]
Elections at Risk: Citizens’ Data Exposed Lebanon is preparing for its municipal elections in a decade , but there’s a serious risk. To vote, people have to check their personal information online using a government website that’s not well protected. This could lead to a major data leak. The site is run by the Directorate […]
Lebanon Reaffirms Sovereignty and National Unity In his speech during the 163rd session of the Council of Arab Foreign Ministers held in Cairo, Lebanon’s Foreign Minister, Youssef Rajji, affirmed that the new Lebanese government is adopting a clear policy centered on asserting full sovereignty over all Lebanese territories. He emphasized the importance of limiting arms […]
How Generative AI is Changing Cybersecurity in Banks Generative AI is quickly transforming cybersecurity in the banking world. It helps defenders work faster but it also helps hackers do the same. For example, tasks that used to take months, like finding bugs in software, can now be done in just hours using AI tools. AI […]
During the Spring Meetings of the International Monetary Fund (IMF) and World Bank, Lebanon’s delegation, and U.S Deputy Envoy Morgan Ortagus ,led by Finance Minister Yassine Jaber, held a series of productive meetings with IMF officials and representatives from various international financial institutions. Sources familiar with the discussions described them as constructive, largely due to […]
A Humble Leader Remembered The Vatican has announced the full details of Pope Francis’s funeral, following his passing at the age of 88. He died on Monday after suffering a stroke and heart failure. Earlier this year, the Pope had spent several weeks in the hospital due to double pneumonia. Pope Francis’s funeral will take […]
Have you ever dreamed of owning a brand new Birkin bag? You’re not alone but recent videos from China may make you think twice about what you’re really paying for. As U.S. tariffs put pressure on Chinese businesses, some manufacturers are fighting back by exposing the truth about luxury brands. On Chinese social media, factory […]
what is happening Harvard University has filed a lawsuit to stop the U.S. government from freezing over $2.2 billion in research grants. The freeze happened after Harvard refused to follow certain demands from the Trump administration, including changes to how the university is run and who it admits. The conflict began when the Trump administration […]
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