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Fears grow over negative impact of Hezbollah victory in Lebanon elections

Former Prime Minister Fouad Siniora has warned that Lebanon will be deprived of promised regional and international aid if Hezbollah and its allies control the country by winning a parliamentary majority in the elections set for May 15.

“There are no signs that Arab and international aid will be forthcoming if Hezbollah continues to control Lebanon,” Siniora told Al Arabiya English on Monday.

In another statement carried earlier in the day by Lebanon’s state-run National News Agency, Siniora, a harsh critic of Hezbollah, said: “What does it mean if Hezbollah and its allies gain a majority in Parliament? Amid Hezbollah’s control [of Parliament], will there be a possibility for any salvation, reforms, and Lebanon’s recovery after it was pushed into this deep abyss: a kidnapped state, a fully collapsing economy, the threat of depositors losing their money and the need for reforms in all aspects of life such as electricity, water, food, medicine and education? Definitely, no.”

“With the expansion of the control of Hezbollah and the sectarian and confessional parties allied with it, this will be at the expense of the Lebanese state and its institutions, which will lead to the continued implementation of Iran’s agenda in the region. In this case, there will be no aid and no Arab or international support,” Siniora added.

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Although he is not running in the upcoming polls, Siniora is supporting an 11-member electoral list that will compete to gain mainly Sunni seats in parliament in the Beirut district after former Prime Minister Saad Hariri decided to remove himself from political life.

A professor of economics and international relations agreed with Siniora, warning that an election victory for Hezbollah and its allies will further complicate the Lebanese crises and impede efforts for the country’s economic rescue.

“A victory by Hezbollah and its allies in the elections is bound to block the road to the possibility of Lebanon’s economic salvation. Consequently, the situation will continue to deteriorate and Lebanon will no longer exist on the map because the economic collapse means the state’s inability to survive, while it is already unable to survive,” Dr. Sami Nader, a professor of economics and international relations at Universite St. Joseph in Beirut, told Al Arabiya English.

“When a central authority collapses, the entire country heads toward disintegration. Frankly speaking, Hezbollah’s victory will further complicate the situation in Lebanon,” said Nader, who is also the director of the Levant Institute for Strategic Affairs, a Beirut-based think tank.

The concern over the outcome of the elections comes as Lebanon’s embattled government, grappling with a series of crises, received a new lease of life from two positive developments earlier this month, raising hopes for the country to begin emerging from its deepest economic depression.

First, Gulf Arab states announced their intention to restore ties with Lebanon, ending a five-month boycott. Then a preliminary agreement with the International Monetary Fund (IMF) was signed which should lead to a bailout program to rescue the country’s crumbling economy burdened with over $90 billion in public debt.

Yet, it remains to be seen whether Lebanon will fulfill its obligations by implementing long-overdue reforms demanded by the IMF and international donors as a condition for unlocking billions of dollars in promised aid.

These developments come amid a warning by Hezbollah that moves are afoot to delay the elections to prevent it from gaining a majority in the next parliament.

In a televised speech earlier this month, Hezbollah leader Sayyed Hasan Nasrallah claimed that results of surveys conducted by polling companies indicated that the group and its allies would retain the majority they currently hold in the outgoing parliament.

Nasrallah went on to accuse the US and other foreign embassies in Beirut of seeking to “disrupt” the elections by delaying them for several months. It’s in the hope that the Future Movement bloc, with the largest Sunni representation in Parliament, will review its decision not to field candidates or participate in the polls deemed “crucial” by the international community and most of the Lebanese people, he claimed.

Lebanon is reeling from the worst monetary slump in the country’s history following the collapse of the economy and banking sector. There is hope that the elections will bring political change to steer the nation out of the economic crisis, described by the World Bank as one of the world’s worst since the 1850s. It is posing the gravest threat to its stability since the 1975-90 Civil War.

But, according to a professor of political science at the American University of Beirut, the elections’ outcome will not change anything.

“When it comes to Lebanon, expect the unexpected, even though I do not think the elections will be postponed. Sayyid Hasan Nasrallah is probably warning about postponing the elections to prod Shia voters to go to the polls in large numbers.” Dr. Hilal Khashan explained to Al Arabiya English.

He added that the polls will not solve the key problems from which Gulf Arab states have been complaining, namely Hezbollah’s growing influence in Lebanon and its intervention in regional conflicts.

“Hezbollah and its allies already control the Parliament. Even in the unlikely event that Hezbollah and its allies do not win a parliamentary majority, nothing will change in Lebanon,” Khashan said. “Lebanese politics is not determined in the parliament, which is only a rubber stamp for cabinet compromises and accommodation. I do not see the elections as providing a panacea for Lebanon and its financial collapse. The elections will not resolve the key issues that the Gulf countries have against Hezbollah – its military component and ties with Iran,” he added.

Khashan suggested that regardless of who wins a parliamentary majority, Lebanon will remain under Iran’s control via Hezbollah. “No matter who emerges victorious from the general elections, Iran will continue to control Lebanon via Hezbollah,” Khashan said. “Let me reiterate, the Lebanese parliament is not a decision-making body and it does not differ from other Arab parliaments, it ratifies and endorses agreements made outside its walls.”

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Almarai signs an MoU with the Authority of People with Disabilities to train and employ them.

Almarai Company signed a memorandum of understanding with the Authority of People with
Disabilities to train, qualify and employ persons with disabilities. This came on the sidelines of
the First International Labor Market Conference, organized by the Ministry of Human Resources
and Social Development on December 13 – 14, 2023, at the King Abdulaziz Convention Center
in Riyadh.

The memorandum was signed by the Chief Human Resources Officer of Almarai Company,
Fahad Mohammed Aldrees, and the CEO of the Authority of People with Disabilities, Dr.
Hisham bin Muhammad Al-Haidari.

“This agreement comes within the framework of the company’s social responsibility program, as
Almarai employs more than 500 people with disabilities, which is one of the most suitable work
environments for them.” Fahad Aldrees said. Pointing out that Almarai has the “Silent Line”,
which is one of its production lines that is designated for people with hearing disabilities.

It is worth mentioning that Almarai supports over 300 charity organizations annually across the
kingdom that operate in the field of community development.

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Central Phuket Shopping Center Prepared Surprises This Christmas & New Year 2024

Central Phuket Shopping Center, the luxury lifestyle landmark o Phuket, invites everyone to celebrate Christmas and New Year 2024 in The Great Celebration 2024 Campaign. Joining hands with global partner ‘The Pokémon Company’, Central Phuket bring over Pokémon, the super cute character popular around the world, for all locals and international fans. The special campaign launch presents a procession of cute ‘Pikachu’ alongside with the giant Christmas tree for the first time in Thailand.
This December, Central Phuket prepared many activities for shoppers when visiting Phuket! Experience the “Surprise of the Day” with free Cotton Candy for our little ones, a sweet and fluffy treat, a special gift from Central Phuket. Bring your kids to enjoy this sweet treat every Saturday and Sunday throughout the month of December. Don’t miss the Christmas Carol that
everyone loves, little Santas spread freshness by singing together in the Christmas Carol activity. Plus, Christmas Live Music, the festival of joy is back! Celebrate Christmas in a luxurious and classy atmosphere, enjoying the music that will bring us joy. Also, there will be Christmas Troop, Santa Claus is coming to town! The Santa troop will spread happiness throughout Central Phuket. Lastly, Cake Workshop, workshop activity with Chef Sebastien’s IRON CHEF Thailand teaching how to make Christmas Vanilla Cake. A special activity for the Christmas season. Moreover, Central Phuket provides special promotion exclusively for international tourists throughout December 23 – January 24 including:

1) Get Free! Tourist welcome discount package valued up to THB 10,000.
2) Receive THB 100 Gift voucher when spending up to THB 2,500 per receipt.
3) Get to buy ‘Happy Holiday Collections’ special price: Pokémon 2-in-1 pillow blanket, tumbler, travel bag set, and keychain. Visit redemption counter for the price.
4) Exclusive for Grab Users get discount code up to 25% off* when traveling to participating Central Shopping Centers.
5) Receive famous Elephant Pants when spending over THB 5,000 in shopping center.
6) Get Free! H&M THB 100 gift voucher when booking any accommodations in Phuket with Agoda. Terms and conditions apply.

Central Phuket is a home of global luxury brands such as Alexander McQueen, Balenciaga, Ermenegildo Zegna, Gucci, Hermès, Louis Vuitton, and Saint Laurent. Exclusive for this season, Louis Vuitton launches a pop-up store located at Central Phuket. The design is inspired by the story of Damier or Checkerboard, the brand’s signature pattern. This classic pattern was created by Louis
Vuitton and his son Georges Vuitton in 1888 and has always been part of the design of Maison’s iconic items and concepts. Find clothes, shoes, bags, and accessories for men at the Pop-up Store from Louis Vuitton at Central Phuket, 1st floor, from today until 31 March 2024. And with over 500 renowned fashion brands and lifestyle shops ranging from local to international
well-known brands covering all categories, international shoppers will be able to find what they are looking for in Central Phuket.
Central Phuket is located in the heart of one of the world’s most famous beach cities, Phuket and await to welcome both locals and international visitors this holiday. Also, don’t miss one of the most joyful New Year Count Down events in Phuket city at Central Phuket Shopping Center on December 31, 2023.

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Saudi Fund for Development Provides $100 Million Development Loan for the Rogun Hydropower Project

The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E. Kahhorzoda Fayziddin Sattor, through which SFD is contributing $100 million USD to fund the Rogun Hydropower Project, a landmark initiative that will enhance energy,
food, and water security, and foster sustainable development in the country. The signing was attended by the Ambassador of the Kingdom of Saudi Arabia to the Republic of Tajikistan, H.E. Waleed Al-Reshiadan, and the Ambassador of Tajikistan to Saudi Arabia, H.E. Akram Karimi, alongside other officials from both sides. SFD’s development loan will help contribute towards a more sustainable and equitable food and water future for Tajikistan, while driving the country’s energy transition and climate resilience. The project aims to contribute to the national energy security and will help advance sustainable
development in the Republic of Tajikistan, by providing the renewable electricity supply to meet local demand and expand electricity production domestically and regionally, producing 3600 MW of energy. The loan agreement will also finance the construction of a 335-meter-tall dam, which will enhance irrigation capabilities and bolster agricultural activities across the country. Additionally, the project will improve flood protection through the construction of four hydraulic
tunnels for diversion and drainage. It will also provide clean and drinkable water to people through desalination, and help advance socio-economic development, by creating both direct and indirect jobs.
Importantly, this project also supports the realization of the UN Sustainable Development Goals (SDGs); specifically, SDG 2, Zero Hunger, SDG 6, Clean Water and Sanitation, and SDG 7, Affordable and Clean Energy.
On this occasion, the CEO of SFD, H.E. Sultan Al-Marshad, said: “Today’s signing marks a major milestone in our shared journey towards a more sustainable future. With this landmark development loan, SFD is not just supporting Tajikistan’s energy future, but also its sustainable development and the well-being of its people. The Rogun Hydropower Project is a beacon of
hope for a bright future that is powered by clean, renewable energy. It will propel Tajikistan towards environmental stewardship and prosperity.”

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