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Lebanon's banks reopened on 1 November 2019, after two weeks of closure, the longest bank closure in the nation's history. [122] "Unofficial" capital controls were imposed by individual banks to prevent a bank run, with personal withdrawals being limited to US$3,000 per week or per month depending on individual banks. Corporate banking activity ...
Bundles of Lebanese pound banknotes, their value now drastically reduced. The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated by the COVID-19 pandemic in Lebanon (which began in February 2020), the 2020 Beirut port explosion and the Russian invasion of Ukraine.
August 25 - 2019 Beirut drone crash: two drones, alleged to be from Israel by Lebanese authorities, crashed in the Dahieh district of Beirut. The first drone crashed into Hezbollah's Media Center, and the second drone exploded mid-air 45 minutes later. This was the first such incident between Lebanon and Israel since the 2006 war between them. [2]
6 May – The 2018 Lebanese general election was held; 128 members from 15 districts were elected to the Parliament. [1] 30 September – The Miss Lebanon 2018 beauty pageant had 30 candidates, and was won by Maya Reaidy. [2]
2019 Egyptian protests Lebanon: 17 October 2019: Ongoing Prime Ministers Saad Hariri and Hassan Diab resign. New cabinet formed by Najib Mikati on 10 September 2021: 11 [93] [94] [95] 17 October Revolution Oman: 22 January 2018 Ended on 9 January 2019 Economic reforms by Sultan Qaboos: 2018–2019 Omani protests Syria: 7 June 2020: Ended on 15 ...
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The stock market capitalization of listed companies in Lebanon was valued at $9.6 billion in January 2019, down from $11.5 billion in January 2018 [114] Lebanon was unable to attract significant foreign aid to help it rebuild from both the long civil war (1975–89) and the Israeli occupation of the south (1978–2000). In addition, the ...
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