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Middle East

Banque du Liban asks banks to recapitalize

Lebanon's central bank issued a circular Thursday asking banks to recapitalize as part of reviving the banking sector which has been badly hit by the financial meltdown. The circular said banks must urge depositors who transferred more than $500,000 abroad as of July 1, 2017 to deposit...

Turkey confirms 1,313 new virus cases

Turkey confirmed on Wednesday 1,313 new cases of the novel coronavirus, bringing the tally to 262,507. Health Minister Fahrettin Koca announced on Twitter that the total number of recoveries had reached 239,797. Citing Health Ministry data, Koca said that 1,002 patients recovered from...

Iran permits UN watchdog access to nuclear sites

Iran said Wednesday it had agreed to grant the U.N. nuclear watchdog access to two sites that the agency suspects once secretly hosted nuclear material or activities, easing a months-long standoff over the issue. Wednesday's breakthrough in the dispute over the sites near Karaj and Isfahan...

Macron to visit Beirut Sept. 1

French President Emmanuel Macron will travel to Beirut Sept. 1, his office said Wednesday. Macron was the first foreign leader to visit Beirut after a massive blast destroyed parts of the Lebanese capital in early August.