Skip to main content

Lebanon will ask Saudi Arabia to resume $3-billion grant to army, president says

1 min Mena Today

Lebanon's President Joseph Aoun will ask Saudi Arabia to reactivate a $3-billion aid package to the Lebanese army in his visit to the kingdom next week, Aoun said in an interview with Asharq television broadcast on Friday.

Lebanese President Joseph Aoun attends a press conference, at the presidential palace, in Baabda, Lebanon January 17, 2025. Reuters/Mohamed Azaki

Lebanese President Joseph Aoun attends a press conference, at the presidential palace, in Baabda, Lebanon January 17, 2025. Reuters/Mohamed Azaki

Lebanon's President Joseph Aoun will ask Saudi Arabia to reactivate a $3-billion aid package to the Lebanese army in his visit to the kingdom next week, Aoun said in an interview with Asharq television broadcast on Friday.

Aoun, who was serving as commander of Lebanon's army before he was elected president on January 9, is set to meet with Saudi Crown Prince Mohammed bin Salman on Monday in his first trip abroad.

He told Asharq he would ask Riyadh "if it is possible to reactivate the grant" halted in 2016, after Lebanon failed to condemn attacks on Saudi diplomatic missions in Iran.

Saudi Arabia once spent billions in Lebanon, depositing funds in the central bank, helping to rebuild the south after the 2006 Hezbollah-Israel war, and supporting a number of Lebanese politicians, only to see Hezbollah grow more powerful with Iran's support and its influence spread across the Middle East.

But recent months have seen seismic political shifts in the region, with Israel pummelling Iran-backed Hezbollah last year and Hezbollah's Syrian ally Bashar al-Assad toppled in December.

"I hope and I await from Saudi Arabia - and especially the Crown Prince - to correct the relationship in the interests of both countries," Aoun said, saying he hoped for strengthened economic and political ties.

Lebanon faces a huge reconstruction bill following a year of Israeli strikes on the country, but Lebanese officials and diplomats say foreign support - including from the Gulf - is contingent on Beirut enacting long-awaited financial reforms.

Aoun said Lebanon was committed to those reforms but hoped that the reconstruction aid in turn would come "step by step" to allow for rebuilding so that Lebanese displaced from destroyed villages in the south could return home.

Reporting by Maya Gebeily

Related

Lebanon

Israel urges Lebanon to disarm Hezbollah under ceasefire terms

Israeli Prime Minister Benjamin Netanyahu warned on Sunday that Hezbollah was seeking to rearm and that Israel would exercise its right to self-defence under last year's ceasefire accord if Lebanon failed to disarm the militant group.

Saudi Arabia

Riyadh’s Vision 2030 finds a new frontier: Rebuilding Syria

Major Saudi Arabian firms are planning billion-dollar investments in Syria as part of the kingdom's business-forward approach to the country's recovery, but U.S. sanctions and a fractured Syrian state apparatus pose formidable obstacles.

 

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.