العربية
Politics

Lebanon Revokes Bank Saderat Iran’s License amid US Pressure

Lebanon’s central bank has revoked the local license of Bank Saderat Iran, one of Iran’s largest banks, as Washington intensifies pressure on countries to sever commercial ties with Tehran. Banque du Liban Governor Karim Souaid told Bloomberg that the decision, taken this week, was intended to demonstrate Lebanon’s determination to protect its banking sector from institutions that could expose it to financial and regulatory risks.

Read the full article at Asharq Al-Awsat English

More on this topic

Politics

US approves Iraqi government integrating Iran-backed factions in new cabinet

US approves Iraqi government integrating Iran-backed factions in new cabinet Washington has approved the inclusion of Iran-backed factions in the new Iraqi government, according to diplomatic sources. A source told AFP that Prime Minister Ali al-Zaidi "obtained the tacit approval of the United States" during his visit in September for the United Nations General Assembly, where he met with President Donald Trump. The main point of contention was the appointment of Laith al-Khazali, brother of…

Middle East Eye