Lebanon: Shouf-Aley District to Turn into Electoral Battleground

Lebanon’s Parliament. AFP file photo
Lebanon’s Parliament. AFP file photo
TT
20

Lebanon: Shouf-Aley District to Turn into Electoral Battleground

Lebanon’s Parliament. AFP file photo
Lebanon’s Parliament. AFP file photo

The Shouf-Aley district in Mount Lebanon is heading towards a fierce electoral confrontation between several parties, after failing to reach an understanding over the names of candidates for the parliamentary polls, except for an alliance between the Mustaqbal Movement and the Progressive Socialist Party (PSP).

On Tuesday midnight, the Interior Ministry officially closed candidate registration for the May elections.

At least 3 lists backed by Lebanon’s ruling political parties would compete in the Shouf-Aley district, in addition to a list supported by civil society groups.

According to some observers, the Lebanese Forces objected to include pro-March 8 candidate, Naji Boustani, on a joint list with the Mustaqbal and PSP parties and instead, insisted on naming two candidates, George Adwan and Anis Nassar.

“Contacts between the LF and the PSP are ongoing. All sorts of things could happen,” LF sources told Asharq Al-Awsat on Tuesday.

In the Shouf-Aley district, Sunnis represent 19 percent of eligible voters, while the Druze constitute 40 percent and the Christian Maronites 27 percent.

Therefore, three lists supported by political parties in power are expected to compete during the next elections in case all contacts fail to reach an agreement between the LF, the PSP and Mustaqbal. 

Bilal Abdullah, a PSP candidate, told Asharq Al-Awsat that an agreement was already finalized between the PSP and Mustaqbal.

“We have failed to strike any deal with the Free Patriotic Movement. However, the doors are still open to a possible alliance with the LF,” he said.

Informed sources said the FPM was negotiating a possible alliance with either the Lebanese Democratic Party, headed by Minister for the Displaced Talal Arslan, or head of the Arab Tawhid Party Wiam Wahhab.  

There are 322,000 voters in the Shouf-Aley district, which is allotted 13 seats - 5 for Maronite MPs, one Chatholic, four Druze, two Sunnis and one Orthodox.



Syria Expects First Transfer with US Bank 'Within Weeks'

FILE PHOTO: A view of the Syrian central bank, after the ouster of Syria's Bashar al-Assad, in Damascus, Syria, January 12, 2025. REUTERS/Firas Makdesi/File Photo
FILE PHOTO: A view of the Syrian central bank, after the ouster of Syria's Bashar al-Assad, in Damascus, Syria, January 12, 2025. REUTERS/Firas Makdesi/File Photo
TT
20

Syria Expects First Transfer with US Bank 'Within Weeks'

FILE PHOTO: A view of the Syrian central bank, after the ouster of Syria's Bashar al-Assad, in Damascus, Syria, January 12, 2025. REUTERS/Firas Makdesi/File Photo
FILE PHOTO: A view of the Syrian central bank, after the ouster of Syria's Bashar al-Assad, in Damascus, Syria, January 12, 2025. REUTERS/Firas Makdesi/File Photo

Syria expects to have its first transaction with a US bank "in a matter of weeks", Syrian central bank governor Abdelkader Husriyeh said on Thursday, a day after a high-level meeting between Syrian and US commercial banks.

The resumption of transfers between Syrian and US banks would be a key milestone in the push by Syria’s new rulers to reintegrate the country into the global financial system after 14 years of civil war, Reuters reported.

Husriyeh on Wednesday held a virtual conference bringing together Syrian banks, several US banks and US officials, including Washington's Syria Envoy Thomas Barrack, with the aim of speeding up the reconnection of Syria's banking system to the global financial system.

This follows US President Donald Trump’s announcement in May that all sanctions on Syria would be lifted. That has been followed up with executive orders formally lifting some of the measures.

Syria's reintegration into the global financial system would be a major step towards enabling the kind of large financial transactions needed to kickstart its reconstruction and economic activity, and help rein in a highly informal, cash-based economy.

Husriyeh extended a formal invitation to US banks to re-establish correspondent banking ties following the ouster of former Syrian president Bashar al-Assad, whose crackdown on 2011 protests resulted in Western countries imposing one of the world’s strictest sanctions regimes.

"We have two clear targets: have US banks set up representative offices in Syria and have transactions resume between Syrian and American banks. I think the latter can happen in a matter of weeks," Husriyeh told Reuters.

Among the banks invited to Wednesday’s conference were JP Morgan, Morgan Stanley and CitiBank, though it was not immediately clear who attended.