In this photo from October 20, 2017, former Lebanese prime minister Saad Hariri reacts after announcing in Beirut his support for Hizbollah ally Michel Aoun to become Lebanese president. Hussein Malla / AP
In this photo from October 20, 2017, former Lebanese prime minister Saad Hariri reacts after announcing in Beirut his support for Hizbollah ally Michel Aoun to become Lebanese president. Hussein MallaShow more

Lebanon prime minister Hariri resigns, criticising Iran influence



Lebanese prime minister Saad Hariri announced his resignation on Saturday, citing fear of assassination and sharply criticising Iranian influence in Lebanon and the wider region.

Mr Hariri made his announcement from the Saudi Arabian capital of Riyadh after travelling there from Beirut on Friday. It was his second trip to the kingdom in less than a week.

“Iran’s hands in the region will be cut off,” Mr Hariri said in a video statement, which appeared to be broadcast first by the Saudi-owned news channel Al Arabiya.

“Wherever Iran is involved, there is nothing but devastation and chaos.”

“Iran has a strong desire to destroy the Arab world,” he added.

Mr Hariri left for Saudi Arabia after meeting in Beirut with Ali Akbar Velayati, the senior adviser for foreign affairs to Iran's supreme leader, Ayatollah Ali Khamenei.

Afterwards, Mr Velayati described the meeting as "good, positive, constructive and practical", according to Mr Hariri's office.

"[T]he Iranian-Lebanese relations are always constructive and Iran always supports and protects Lebanon's independence, force and government,” he added.

_______________

Read more:

If all societies eventually crumble, could Lebanon be next?

Moderate Hariri faces economic problems and political obstacles

_______________

In his resignation statement on Saturday, Mr Hariri also singled out Hizbollah, the Lebanese political party and militia that receives Iranian backing and has historically been at odds with Mr Hariri and his Future Movement.

“The intervention of Hizbollah caused us problems with our Arab neighbourhood,” he said, referring to the militia’s support of the Syrian government in the country’s six-year-old civil war. As Hizbollah’s role in Syria increased, its fighting force and regional influence have expanded.

It is now up to Lebanese president Michel Aoun to appoint a new prime minister, but the resignation is likely to cause political gridlock. Lebanon’s parliament will have trouble forming a government without the participation of the Future Movement, Mr Hariri’s political party.

Along with the United States, the Saudi government has been increasingly vocal about Iran’s influence in the region, particularly in Syria and Iraq where both governments are allies of Tehran and where Iran has increased its sway amid fighting. In Syria, Saudi Arabia and the US have funded militias that have fought the government and its allies.

In Yemen, meanwhile, Riyadh accuses Iran of supporting the Houthi rebel movement, which a Saudi-led coalition has been fighting on behalf of the Yemeni government since 2015. The UAE is also part of the coalition.

Mr Hariri appeared to take the same line towards Iran as Riyadh on Saturday.

“Iran controls the region and the decision-making in both Syria and Iraq,” Mr Hariri said. “The evil that Iran sends to the region will eventually backfire on Tehran.”

Amal Saad, a professor of political science at Lebanese University, said Mr Hariri's resignation was Saudi Arabia's way of "curtailing Iran and Hizbollah’s influence in the region”.

“It’s definitely something that benefits Saudi, not the Future Movement,” she added.

Mr Hariri has strong political and personal ties to Riyadh, which has long been a supporter of Lebanon’s Sunni community.

Not only does he hold Saudi citizenship but his wife, Lama Bashir-Azm, who is of Syrian origin, and their three children have lived in the kingdom during his time in Lebanon.

Mr Hariri's resignation comes as the ongoing expulsion of ISIL from the Syrian-Iraqi border has created a long-feared land route between Iran and Hizbollah.

_______________

Read more:

_______________

What Saudi Arabia is "calling a Shia corridor is basically secured now, and that has been something they’ve been lobbying against for a long time now, as well as the US” Ms Saad said.

Iran reacted to Mr Hariri's resignation on Saturday by saying it would create "tension" in Lebanon and the region.

"But we believe that the resistant people of Lebanon will pass this stage easily," added Iranian foreign ministry spokesman Bahram Qassemi.

In his statement on Saturday, Mr Hariri also referenced the assassination of his father, former Lebanese prime minister Rafik Hariri, who was killed by a massive bomb in downtown Beirut in 2005.

“We are living in a climate similar to the atmosphere that prevailed before the assassination of the martyr Rafik Al Hariri. I have sensed what is being plotted covertly to target my life,” Mr Hariri said.

Many Lebanese blame the Syrian government for ordering the attack that killed Rafik Hariri, and a United Nations-backed international tribunal created to investigate the murder has indicted members of Hizbollah on accusations that they planned and carried out the bombing.

Saad Hariri followed in his father’s footsteps as prime minister, beginning his first term in 2009. His government was brought down in 2011 when Hizbollah ministers withdrew from the cabinet after a disagreement over the legitimacy of the special tribunal and its indictments for members of Hizbollah, four of whom are currently being tried in absentia in the case, which remains ongoing.

When Mr Hariri became prime minister again late last year, political and military developments in Lebanon and in Syria forced him into an accommodation with his rival Hizbollah. The group's political clout has grown since the Syrian government gained the upper-hand in the war there and since Hizbollah helped to drive militant groups, including ISIL, out of Lebanon earlier this year.

Tensions between Riyadh and Beirut rose earlier this week after a Saudi minister levelled criticism at the Lebanese government for tolerating Hizbollah’s presence and weapons. Today, the movement is the only political party in Lebanon that maintains a standing militia. Although it has widespread representation in the government it is considered a terrorist group by the US and Saudi Arabia.

Thamer Al Sabhan, the Saudi minister of state and Arab Gulf affairs, criticised the Lebanese government on Twitter on Sunday for its “silence” regarding Hizbollah’s role in the country. The next day he went further, telling Sky News Arabia that Riyadh was "determined to take all deterrent means to Hizbollah".

“We know that [the Lebanese] are under the occupation of the militia of Hizbollah, a satanic militia,” he added in a separate interview with Lebanese station MTV.

“Those who believe that my tweets are a personal stance are delusional and they will see what will happen in the coming days,” he said, promising "astonishing developments".

Mr Hariri travelled to the kingdom later on Monday and met with Saudi Crown Prince Mohammed Bin Salman, as well as Mr Al Sabhan.

* With additional reporting by Reuters

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
Five personal finance podcasts from The National

 

To help you get started, tune into these Pocketful of Dirham episodes 

·

Balance is essential to happiness, health and wealth 

·

What is a portfolio stress test? 

·

What are NFTs and why are auction houses interested? 

·

How gamers are getting rich by earning cryptocurrencies 

·

Should you buy or rent a home in the UAE?  

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Business Insights
  • Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
  • The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
  • US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

How to tell if your child is being bullied at school

Sudden change in behaviour or displays higher levels of stress or anxiety

Shows signs of depression or isolation

Ability to sleep well diminishes

Academic performance begins to deteriorate

Changes in eating habits

Struggles to concentrate

Refuses to go to school

Behaviour changes and is aggressive towards siblings

Begins to use language they do not normally use

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

FROM%20THE%20ASHES
%3Cp%3EDirector%3A%20Khalid%20Fahad%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Shaima%20Al%20Tayeb%2C%20Wafa%20Muhamad%2C%20Hamss%20Bandar%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
Dengue%20fever%20symptoms
%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Company%20profile
%3Cp%3ECompany%20name%3A%20Shipsy%3Cbr%3EYear%20of%20inception%3A%202015%3Cbr%3EFounders%3A%20Soham%20Chokshi%2C%20Dhruv%20Agrawal%2C%20Harsh%20Kumar%20and%20Himanshu%20Gupta%3Cbr%3EBased%3A%20India%2C%20UAE%20and%20Indonesia%3Cbr%3ESector%3A%20logistics%3Cbr%3ESize%3A%20more%20than%20350%20employees%3Cbr%3EFunding%20received%20so%20far%3A%20%2431%20million%20in%20series%20A%20and%20B%20rounds%3Cbr%3EInvestors%3A%20Info%20Edge%2C%20Sequoia%20Capital%E2%80%99s%20Surge%2C%20A91%20Partners%20and%20Z3%20Partners%3C%2Fp%3E%0A
UAE%20v%20West%20Indies
%3Cp%3EFirst%20ODI%20-%20Sunday%2C%20June%204%20%0D%3Cbr%3ESecond%20ODI%20-%20Tuesday%2C%20June%206%20%0D%3Cbr%3EThird%20ODI%20-%20Friday%2C%20June%209%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EMatches%20at%20Sharjah%20Cricket%20Stadium.%20All%20games%20start%20at%204.30pm%0D%3Cbr%3E%0D%3Cbr%3E%3Cstrong%3EUAE%20squad%3C%2Fstrong%3E%0D%3Cbr%3EMuhammad%20Waseem%20(captain)%2C%20Aayan%20Khan%2C%20Adithya%20Shetty%2C%20Ali%20Naseer%2C%20Ansh%20Tandon%2C%20Aryansh%20Sharma%2C%20Asif%20Khan%2C%20Basil%20Hameed%2C%20Ethan%20D%E2%80%99Souza%2C%20Fahad%20Nawaz%2C%20Jonathan%20Figy%2C%20Junaid%20Siddique%2C%20Karthik%20Meiyappan%2C%20Lovepreet%20Singh%2C%20Matiullah%2C%20Mohammed%20Faraazuddin%2C%20Muhammad%20Jawadullah%2C%20Rameez%20Shahzad%2C%20Rohan%20Mustafa%2C%20Sanchit%20Sharma%2C%20Vriitya%20Aravind%2C%20Zahoor%20Khan%0D%3C%2Fp%3E%0A
How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

UAE currency: the story behind the money in your pockets
Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

Glossary of a stock market revolution

Reddit

A discussion website

Redditor

The users of Reddit

Robinhood

A smartphone app for buying and selling shares

Short seller

Selling a stock today in the belief its price will fall in the future

Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 

States of Passion by Nihad Sirees,
Pushkin Press

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

THE BIO

Bio Box

Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet

Favorite food: seafood

Favorite place to travel: Lebanon

Favorite movie: Braveheart