By Mohammed Sergie, bloomberg –  EuroMena Funds, a Beirut-based private-equity firm that has raised $350 million since 2006, plans to almost double assets as it seeks investments in Lebanese-owned companies operating abroad while also backing smaller businesses in its home regions. After a decade of deploying most of its capital in Lebanon, Jordan and Egypt, […]

The Daily Star BEIRUT: Italy’s ambassador to Lebanon Friday expressed his country’s support for the Lebanese Army, as the Army took up positions for the final phase to expel Daesh (ISIS) militants from the border region. In a meeting with Army commander Gen. Joseph Aoun, the Italian Ambassador to Lebanon Massimo Marotti expressed his country’s full […]

Superstars Najwa Karam and Zein El Omr will perform on Friday evening a concert during Ghosta Festival, held in Ghosta, Lebanon. She will perform a number of songs such as “Ya habayeb”, “Menni Elak”, “Ma Fi Nom” and others. Ghosta Festival is a two-day program. The festival will be opened on August 25 by Lebanese […]

AFP/Beirut Lebanon’s army said Tuesday it had captured most of a mountainous area on the border with Syria during an operation to clear Islamic State group jihadists from the region. The army began its campaign in the Jurud Ras Baalbek and Jurud al-Qaa areas on Lebanon’s eastern border on Saturday, capturing more than two thirds of […]

AFP/Beirut Lebanon’s army said Tuesday it had captured most of a mountainous area on the border with Syria during an operation to clear Islamic State group jihadists from the region. The army began its campaign in the Jurud Ras Baalbek and Jurud al-Qaa areas on Lebanon’s eastern border on Saturday, capturing more than two thirds of […]

theguardian.com – Lebanon’s interior minister has said the country’s police intelligence played a major role in foiling an alleged plot to bring down an Emirati passenger plane flying from Sydney to Abu Dhabi. Nohad Machnouk told reporters on Monday that four Lebanese-Australian brothers, including one who is in detention in Lebanon, had planned to blow up the plane with bombs hidden inside a large Barbie doll and a meat grinder. He said the bombs had not made it on to the plane because the handbag they were in was 7kg above the weight permitted by the airline.

Two Sydney men charged over alleged terrorism bomb plot Machnouk said the bombs had been sent back to the would-be attacker’s home in Australia. He said the attacker had tried to bring two explosives on the plane in case one of them did not work. The second was to be detonated by one of the brothers who was supposed to be the suicide attacker. It was not immediately clear how authorities uncovered the alleged plot. Advertisement Australian authorities said late last month that they had thwarted a credible terrorist plot to down an airplane by smuggling a device on board but provided few details, including the precise nature of the threat or any airlines involved. On Tuesday Australia’s transport minister, Darren Chester, who has primary responsibility for airports, was reluctant to confirm the statements by the Lebanese interior minister. “The bottom line is we work very closely with our security partners around the world,” Chester told Sky News. “It’s a team effort in the sense that we do need to share information, because the threat of terrorism crosses international boundaries.

The United Arab Emirates’ national airline said it was working with Australian police in the investigation. But Etihad Airways, the smallest of three long-haul Gulf carriers that fly to Australia, refused to confirm if it had been targeted. This month Australian police said two men had been charged with terrorism offences in Australia in connection with an alleged plot to bring down the airplane. It was not immediately clear if they were two of the four brothers. Four Lebanese-Australian men have been arrested by police, who also reportedly seized a meat grinder that investigators thought may be the basis of a bomb. One of the four was released later without charge. Machnouk said two of the brothers, Khaled and Mahmoud Khayyat, were being held in Australia, while another, Tarek, was a senior member of the Islamic State group based in the northern Syrian city of Raqqa. He added that the fourth brother, Amer, was supposed to be on board the plane, working to bring it down 20 minutes after takeoff, but was arrested in Lebanon after he arrived in mid-July from Australia. Machnouk said the alleged plot had been “foiled because of the extra weight”. “Intelligence branch followed on the case and found that Amer was involved in this act and it appears that he was supposed to carry it out,” he said.

bbc- The Lebanese army has recaptured a third of an enclave held by so-called Islamic State near the north-eastern border with Syria, officials say. Troops launched an offensive near the town of Ras Baalbek on Saturday. The army says there are about 600 militants in the mountainous area, which IS has held since 2014 and is […]

by Joe Ciolli – Business Insider  – Amazon got a pretty sweet deal on its recent $16 billion debt financing. The deal was so good, in fact, that a chunk of it ended up being better than what the governments of Russia, Mexico, Greece, Chile and China could’ve gotten, according to a report from Quartz’s […]

Associated Press  BEIRUT — Lebanon’s parliament on Wednesday abolished a law that allowed rapists to avoid prison by marrying their victims. The repeal of the law, which had been in place since the 1940s, follows years of campaigning by women’s rights advocates. Tunisia, Morocco, and Egypt have canceled similar ‘‘marry the rapist’’ clauses over the […]

Ambassador Elizabeth Richard participated today in the delivery of eight M2A2 Bradley Fighting Vehicles and armored field artillery ammunition supply vehicles to the Lebanese Armed Forces at Port Beirut. These are the very first of a total shipment of 32 Bradleys that will be delivered in the coming months. This contribution to the Lebanese Armed […]