Lebanon Mourns Jean Obeid, a Man of Wisdom, Diplomacy

Former Minister and MP Jean Obeid passed away on Monday at the age of 82. (Asharq Al-Awsat)
Former Minister and MP Jean Obeid passed away on Monday at the age of 82. (Asharq Al-Awsat)
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Lebanon Mourns Jean Obeid, a Man of Wisdom, Diplomacy

Former Minister and MP Jean Obeid passed away on Monday at the age of 82. (Asharq Al-Awsat)
Former Minister and MP Jean Obeid passed away on Monday at the age of 82. (Asharq Al-Awsat)

Lebanon mourned the passing away of former Minister and MP Jean Obeid, who died on Monday at the age of 82, due to health complications caused by COVID-19.

Politicians and figures from various political blocs and parties hailed Obeid’s wisdom and mediation role that he assumed since the outbreak of the Lebanese civil war.

President Michel Aoun described Obeid as a man of a wise and generous journey, at the political and national levels. He also praised his role in the political life, as deputy and minister, and the national stances he took during his career.

Speaker Nabih Berri mourned the former minister, saying in a statement: “With great sadness and sorrow, Lebanon and the House of Parliament have lost a national legislative figure who devoted his life working relentlessly to preserve Lebanon, the nation and the message.”

Prime Minister-designate Saad Hariri said that with the departure of Obeid, the country has lost “a noble man who enriched political life with his wisdom and culture, sincere patriotism, generous morals and vitality in inventing ideas that protect Lebanon and coexistence.”

Caretaker Prime Minister Hassan Diab, for his part, said: “My friend Jean Obeid passed away peacefully, just as he lived for years, torn up over the situation in Lebanon.”

“Late Jean Obeid was a symbol of moderation and coexistence,” Diab stressed, adding that Lebanon will miss “a great intellectual, who was well-versed in religion, politics, Arabism and history.”

The head of the Progressive Socialist Party, Walid Jumblatt, described Obeid as “the last of the wise men to depart from Lebanon – a country that is mired in savagery, assassinations, and the three obstructing forces of ignorance, hatred and local and regional obscurantism.”

“The patriotic and Arab man with dignity and morals is gone. He considered that a person has no value away from the love of Christ and the justice of the Prophet. Beloved Jean Obeid, a friend of Kamal Jumblatt and Palestine, has passed away,” he added.



Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
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Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)

Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on the country.

"Syria today is a land of opportunities, with immense potential across every sector—from agriculture to oil, tourism, infrastructure, and transportation,” Barnieh said in an interview with Reuters at the Finance Ministry in Damascus.

"We envision a central role for the private sector in the new Syrian economy. The finance ministry's role is not to spend indiscriminately or act as a regulatory enforcer over businesses, but rather to enable and support growth."

A wall outside his office still bore the discolored outline of one of the many posters of former strongman Bashar al-Assad that used to hang in Syria's public buildings before his ousting by the Hayat Tahrir al-Sham (HTS) last year.

Changes in Syria have been swift since Assad fled to Russia in December of last year.

HTS commander Ahmed Sharaa was appointed president, formed a government and had quick success garnering Gulf Arab support and getting most European sanctions lifted.

The stunning turn of events was capped by a meeting between Sharaa and Trump in Riyadh on Wednesday after Trump's pledge to cease US sanctions imposed on Syria under Assad-family rule, measures widely seen as the biggest external obstacles to the country's economic recovery.

Trump has not set out a timeline for removal.

"One of the most critical outcomes of lifting sanctions would be Syria's reintegration into the global financial system," Barnieh said.

"This would allow us to restore financial flows and attract investments, which are urgently needed across all sectors,” he said, adding that Syrian authorities have already seen strong interest from Saudi Arabia, the UAE, Kuwait, Qatar, and several EU countries, among others.

He noted that the government is undertaking a comprehensive overhaul of public financial management, including reforms to the tax system, customs, and banking -- part of a broader effort to modernize an economy long burdened by an oversized public sector.

He also struck a cautioning tone, saying that the removal of sanctions would be just the first step in a years-long recovery for a country ruined by 14 years of war.

"The lifting of sanctions is not the final chapter," he said.

"We cannot afford to become complacent. We are entering a new phase that demands real results and visible progress on the ground."