Lebanon: 'Foreigners’ Residency' Could be Overturned as Aoun Cedes to Rai’s Pressure

Lebanese President Michel Aoun meets with Maronite Patriarch Beshara al-Rai at the presidential palace in Baabda, Lebanon, November 9, 2017. REUTERS/Mohamed Azakir
Lebanese President Michel Aoun meets with Maronite Patriarch Beshara al-Rai at the presidential palace in Baabda, Lebanon, November 9, 2017. REUTERS/Mohamed Azakir
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Lebanon: 'Foreigners’ Residency' Could be Overturned as Aoun Cedes to Rai’s Pressure

Lebanese President Michel Aoun meets with Maronite Patriarch Beshara al-Rai at the presidential palace in Baabda, Lebanon, November 9, 2017. REUTERS/Mohamed Azakir
Lebanese President Michel Aoun meets with Maronite Patriarch Beshara al-Rai at the presidential palace in Baabda, Lebanon, November 9, 2017. REUTERS/Mohamed Azakir

Lebanese President Michel Aoun responded on Tuesday to the growing wave of opposition to Article 49 of the State Budget Law, which stipulates the granting of residency to every Arab or foreigner who buys a housing unit in Lebanon.

Aoun sent a letter to Parliament, asking it to reconsider the article, before agreeing with Parliament Speaker Nabih Berri to put the issue on hold, pending a decision by the Constitutional Council on the motion filed by ten deputies, led by the head of Kataeb Party, MP Sami Gemayel.

Article 49 stipulates that any foreigner, who purchases a property worth at least $300,000, would receive a residency along with his family. The residency would remain valid as long as the foreigner retains ownership of the property.

The article sparked a wave of opposing reactions, including by Maronite Patriarch Beshara al-Rai, who voiced the Lebanese people’s concerns over the repercussions of such law, calling for its abolition. He also underlined the need to amend and suspend the law on the ownership of foreigners, “as the number of such people now exceeds half the population of Lebanon.”

Despite an attempt by the head of the Finance and Budget parliamentary committee, MP Ibrahim Kanaan, to calm down the fears of the resettlement of displaced Syrians in Lebanon, saying that “the residency of foreigners in Lebanon does not allow them to have the Lebanese nationality”, the Maronite Patriarch remained firm in his position, putting great pressure on the officials to reconsider the law.

In remarks to Asharq Al-Awsat, Former Minister Salim al-Sayegh, who is close to the head of the Kataeb Party, said that the budget law “includes several constitutional violations, but the most important is Article 49, which affects the Lebanese identity and the issue of land purchase.”

“This article needs a broader discussion and cannot pass through the budget law,” he added.



Syria to Start Currency Swap on January 1st, Central Bank Governor Says

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo
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Syria to Start Currency Swap on January 1st, Central Bank Governor Says

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo

Syria will start swapping old banknotes for new ones under a ​plan to replace Assad-era notes starting from January 1, 2026, Central Bank Governor Abdelkader Husrieh said on Thursday.

Husrieh announced the introduction of the new Syrian currency, saying the decree "sets January ‌1, 2026, ‌as the start date ‌for ⁠the ​exchange ‌process". Sources familiar with the matter told Reuters in August that the country will issue new banknotes, removing two zeros from its currency in an attempt to restore ⁠public confidence in the severely devalued pound.

The ‌step is intended ‍to strengthen ‍the Syrian pound after its purchasing ‍power collapsed to record lows following a 14-year conflict that ended with President Bashar al-Assad's ouster in December.

Husrieh ​said the operation will take place through a smooth and orderly ⁠swap - a move bankers hope will ease fears that the new currency could fuel inflation and further erode the purchasing power of Syrians already reeling from high prices.

He added that a press conference will soon outline the exact regulations and mechanisms.


Türkiye Begins Black Box Analysis of Jet Crash That Killed Libyan Military Chief and 7 Others

Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)
Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)
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Türkiye Begins Black Box Analysis of Jet Crash That Killed Libyan Military Chief and 7 Others

Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)
Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)

The technical analysis of the recovered black boxes from a jet crash that killed eight people, including western Libya’s military chief, began as the investigation proceeded in cooperation with Libyan authorities, the Turkish Ministry of Defense said Thursday.

The private jet with Gen. Muhammad Ali Ahmad al-Haddad, four other military officials and three crew members crashed on Tuesday after taking off from Türkiye’s capital, Ankara, killing everyone on board. Libyan officials said the cause of the crash was a technical malfunction on the plane.

The high-level Libyan delegation was on its way back to Tripoli after holding defense talks in Ankara aimed at boosting military cooperation between the two countries.

The wreckage was scattered across an area covering 3 square kilometers (more than a square mile), complicating recovery efforts, according to the Turkish Interior Minister Ali Yerlikaya.

A 22-person delegation, including five family members, arrived from Libya early on Wednesday to assist in the investigation.


Lebanese President: We are Determined to Hold Parliamentary Elections on Time

President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)
President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)
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Lebanese President: We are Determined to Hold Parliamentary Elections on Time

President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)
President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)

Lebanese President Joseph Aoun reiterated on Thursday that the country’s parliamentary elections are a constitutional obligation that must be carried out on time.

Lebanon’s state-run National News Agency quoted Aoun as saying that he, alongside Prime Minister Nawaf Salam and Parliament Speaker Nabih Berri, is determined to hold the elections on schedule.

Aoun also emphasized that diplomatic efforts have continued unabated to keep the specter of war at bay, noting that "things are heading in a positive direction".

The agency also cited Berri reaffirming that the elections will take place as planned, with "no delays, no extensions".

The Lebanese parliamentary elections are scheduled for May next year.