Skip to content
  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Twitch
  • Email
  • About Us
  • Contact Us
  • Advertisement Rates:
  • Privacy Policy
  • Refund Policy
  • Associate Journalism
Artifex.News

Artifex.News

Stay Connected, Stay Informed.

  • Breaking
  • Local
  • Regional
  • National
  • International
  • Business
  • Sports
  • Lifestyle
  • Technology
  • Toggle search form
  • accident
    9 Labourers harmed as Building Fall in Bundi National News
  • Jagdeep_Dhankar_(cropped) (1)
    Jagdeep Dhankhar to Join as India’s V P Today National News
  • Smartphones
    Chinese Smartphone Prohibited in India Business News
  • Gold_Jewelry
    Check Price Of Gold On August 10 In Your City Here National News
  • bus accident
    9 People Died In West Bengal Road Accident National News
  • Covid test
    India details 52 covid deaths in last 24 hours National News
  • Heavy_Rain
    IMD forecasts possibility of heavy rain in Kolkata National News
  • police handcuff
    CBI blames Anubrata Mondal’s security in cattle case National News

Najib Mikati – Lebanon’s richest man, becomes PM.

Posted on September 11, 2021September 11, 2021 By Mohammad Ariff

Najib Mikati, is Lebanon’s richest man and now he takes over the post of Prime Minister. He has held this same position twice before.

After a year, Lebanon now has a new government. The previous administration quit following the devastating explosion at Beirut port.

Najib Mikati is appointment, along with the of a new cabinet which now has ended months of political paralysis. The changes come in when the country of Lebanon is facing one of the severest domestic crises it has ever seen in its history. 

The value of the currency has collapsed, unemployment and inflation have risen. Even the chains of necessity like electricity, fuel and medicines are facing supply shortages. The country is under engaged protests calling for wholesale political reforms for nearly two years.

The explosion which made the situation worse for Lebanon killed 203 people injuring at least 6,000 others and left billions of dollars of damage. The improper storing of the ammonium nitrate was cause for the explosion. 

The disaster coming amidst the pandemic triggered a wave of outrage against the then Lebanon’s political system. Protesters has been blaming corruption, incompetence and a system of patronage where jobs are given in return for political support for the explosion.

The event compounded growing anger which had been building since the start of the financial crisis in late 2019. In the last few months alone the Lebanese currency has lost 90% of its value, while three quarters of the population are now living below the poverty line.

About Najib Mikati –

Najib Azmi Mikati, born on 24 November 1955 is a Lebanese politician and businessman. Currently positioned as Prime Minister of Lebanon since he formed a government in 2021.

Mikati was close to the Syrian government and operated several telecom projects in Syria and Lebanon. He served as Minister of Public Works and Transport from 1998 to 2003.

In 2005, he headed an interim government that supervised the general election following the withdrawal of Syrian troops. In 2011, he formed his second government backed by the March 8 alliance, before he resigned in 2013. Mikati was member of parliament for Tripoli from 2000 to 2005 and was re-elected in 2009 and 2018.

According to Forbes, he is the richest man in Lebanon, with a net worth of $2.5 billion in 2021. Mikati has faced allegations for multiple corruption and illegitimate gains.

(image credit: Wikimedia Common)

MS Dhoni to mentor team India in T20WC
International News Tags:Beirut, Lebanon, Najib Mikati

Post navigation

Previous Post: Taliban Kills Former Afghan VP’s Brother
Next Post: Heavy rain in Delhi-NCR, IMD issues Orange alert.

Related Posts

  • hospital beds
    3 More Deceased From Japanese Encephalitis In Assam International News
  • Narrow escape for passengers: Plane windscreen cracked International News
  • Is Al-Qaeda leader Al-Zawahiri alive? International News
  • Melbourne – Rare Earthquake Jolts Australia’s International News
  • Centre removes restriction of flights between India, Ukraine amid tensions between West, Russia, aviation Breaking News
  • Global wealth
    China overtakes US as global wealth surges: International News

More Related Articles

Durga_puja_in_Dhakeshwari_hindu_temple 20 Hindu homes torched in Bangladesh Durga Puja Violence International News
Big cat snow leopard Big Cats Tested Positive For Coronavirus International News
sandeep nangal pic Kabaddi star Sandeep Nangal shot dead International News
ISKP Afghanistan The UN envoy to Afghanistan raised concerns over expanding ISKP: International News
India, US Extend Global Development Partnership Deal for 5 Years International News
PayPal Headquaters PayPal launches cryptocurrency service in the United Kingdom International News
icicidirect.com

Categories

  • Breaking News
  • Business News
  • Entertainment News
  • International News
  • Local News
  • National News
  • Regional News
  • Sports News
  • Tech News

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021

Artifex.News

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
icicidirect.com
Icici Securities
September 2021
S M T W T F S
 1234
567891011
12131415161718
19202122232425
2627282930  
« Aug   Oct »

Recent Posts

  • 9 Labourers harmed as Building Fall in Bundi
  • Jagdeep Dhankhar to Join as India’s V P Today
  • Chinese Smartphone Prohibited in India
  • Check Price Of Gold On August 10 In Your City Here
  • 9 People Died In West Bengal Road Accident
  • India details 52 covid deaths in last 24 hours
  • IMD forecasts possibility of heavy rain in Kolkata
  • CBI blames Anubrata Mondal’s security in cattle case
  • Instagram to tests 9:16 photos soon
  • Himachal Pradesh hit by cloudburst; 1 death
Icici direct
  • accident
    9 Labourers harmed as Building Fall in Bundi National News
  • Jagdeep_Dhankar_(cropped) (1)
    Jagdeep Dhankhar to Join as India’s V P Today National News
  • Smartphones
    Chinese Smartphone Prohibited in India Business News
  • Gold_Jewelry
    Check Price Of Gold On August 10 In Your City Here National News
  • bus accident
    9 People Died In West Bengal Road Accident National News
  • Covid test
    India details 52 covid deaths in last 24 hours National News
  • Heavy_Rain
    IMD forecasts possibility of heavy rain in Kolkata National News
  • police handcuff
    CBI blames Anubrata Mondal’s security in cattle case National News

Copyright © 2021 Artifex.News | News Portal designed and published by Artifex Infotech.