Syria's New Rulers Appoint Maysaa Sabrine to Lead Central Bank, Official Says

People and cars are seen in front of the Central Bank of Syria, after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
People and cars are seen in front of the Central Bank of Syria, after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
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Syria's New Rulers Appoint Maysaa Sabrine to Lead Central Bank, Official Says

People and cars are seen in front of the Central Bank of Syria, after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
People and cars are seen in front of the Central Bank of Syria, after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Amr Abdallah Dalsh/File Photo

Syria's new rulers have appointed Maysaa Sabrine, formerly a deputy governor of the Syrian central bank, to lead the institution as the first woman to do so in its more than 70-year history, a senior Syrian official said.

Sabrine, a longtime central bank official mostly focused on oversight of the country's banking sector, did not immediately respond to a request for comment.

She replaces Mohammed Issam Hazime who was appointed governor in 2021 by then-President Bashar al-Assad and remained on after Assad was ousted by a lightning opposition offensive on Dec. 8.

Since the takeover, the bank has taken steps to liberalize an economy that was heavily controlled by the state, including by cancelling the need for pre-approvals for imports and exports and tight controls on the use of foreign currency.

But Syria and the bank itself remain under strict US sanctions.

The bank has also taken stock of the country's assets after Assad's fall and a brief spate of looting that saw Syrian currency stolen but the main vaults left unbreached, Reuters reported.

The vault holds nearly 26 tons of gold, the same amount it had at the start of its civil war in 2011, sources told Reuters, but foreign currency reserves had dwindled from around $18 billion before the war to around $200 million, they said.



Lebanon's New President Says to Ensure State Has Exclusive Right to Carry Arms

This handout photo released by the Lebanese parliament shows Newly elected Lebanese president Joseph Aoun delivering a speech after his election in Beirut, on January 9, 2025. (Photo by LEBANESE PARLIAMENT / AFP)
This handout photo released by the Lebanese parliament shows Newly elected Lebanese president Joseph Aoun delivering a speech after his election in Beirut, on January 9, 2025. (Photo by LEBANESE PARLIAMENT / AFP)
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Lebanon's New President Says to Ensure State Has Exclusive Right to Carry Arms

This handout photo released by the Lebanese parliament shows Newly elected Lebanese president Joseph Aoun delivering a speech after his election in Beirut, on January 9, 2025. (Photo by LEBANESE PARLIAMENT / AFP)
This handout photo released by the Lebanese parliament shows Newly elected Lebanese president Joseph Aoun delivering a speech after his election in Beirut, on January 9, 2025. (Photo by LEBANESE PARLIAMENT / AFP)

Lebanon's newly elected President Joseph Aoun told lawmakers on Thursday that he will work to ensure the state has the exclusive right to carry arms, in his first speech at parliament after he was elected.

His comments were seen partly as a reference to Hezbollah's arsenal, which he had not commented on publicly as the former army commander.

In a first round of voting Thursday, Aoun received 71 out of 128 votes but fell short of the two-thirds majority needed to win outright. Of the rest, 37 lawmakers cast blank ballots and 14 voted for “sovereignty and the constitution.”
In the second round, he received 99 votes.

In his speech in parliament, Aoun also pledged to carry out reforms to the judicial system and fight corruption.

He promised to control the country’s borders and “ensure the activation of the security services and to discuss a strategic defense policy that will enable the Lebanese state to remove the Israeli occupation from all Lebanese territories” in southern Lebanon, where the Israeli military has not yet withdrawn from dozens of villages.

He also vowed to reconstruct “what the Israeli army destroyed in the south, east and (Beirut’s southern) suburbs.”

Thursday’s vote came weeks after a tenuous ceasefire agreement halted a 14-month conflict between Israel and Hezbollah and at a time when Lebanon’s leaders are seeking international assistance for reconstruction.

Aoun said he would call for parliamentary consultations as soon as possible on naming a new prime minister.