Tammam Salam, a U.K.-educated businessman and son of the late Lebanese Premier Saeb Salam, was appointed the country's prime minister, ending 11 months of political disagreement that blocked the formation of a cabinet.
Lebanon postponed its first auction of licenses for offshore oil and natural-gas exploration until April 10, Energy Minister Gebran Bassil said, stalling bids for a third time amid political differences in the Arab state.
Lebanese billionaire Najib Mikati built his fortune by investing in telephone networks as civil war raged. Now, as the country’s next prime minister, he may need his talent for connecting people to avoid further conflict.
The Shiite Muslim Hezbollah movement and its allies will nominate former Prime Minister Najib Mikati , a billionaire businessman, to head Lebanon’s next government after they toppled the coalition led by Saad Hariri .
Lebanese lawmakers backed Najib Mikati , the billionaire businessman nominated as prime minister by Hezbollah and its allies, to form a government as supporters of rival parties took to the streets in protest.
Lebanese opposition leaders said the new cabinet formed by billionaire Najib Mikati may exacerbate tensions between followers of former prime minister Rafiq Hariri , and Hezbollah and its allies who now dominate the government.
Supporters of Lebanon’s opposition March 14 coalition clashed with police following the funeral of an assassinated security official as they held a “Day of Rage” protest against Syrian President Bashar al-Assad.
Lebanese Prime Minister Najib Mikati said he agreed to a presidential request that he delay his resignation in the aftermath of a car bombing in Beirut that killed a general who had carried out inquiries into similar attacks on anti-Syrian officials.