Marada Movement chief MP Suleiman Franjieh will not draw back his nomination for the presidency as long as he still garners the support of the majority of lawmakers, the Kuwaiti al-Seyassah newspaper reported on Friday.

“Franjieh is keeping his nomination. He will not withdraw in favor of anyone as long as the majority of MPs support him,” sources close to Franjieh told the daily.

Hizbullah's Loyalty to Resistance parliamentary bloc warned Thursday that remarks by Central Bank Governor Riad Salameh about the suspension of 100 Hizbullah-linked bank accounts reflect an inclination to renounce “national sovereignty.”

Hizbullah on Thursday praised the overnight deadly attack by two Palestinian men in Tel Aviv as a "heroic" act.

Kataeb Party chief MP Sami Gemayel hinted Thursday that his party's ministers might resign or suspend their participation in cabinet sessions should their presence in the government cease to “serve the interest of the Lebanese.”

The Lebanese army busted an attempt to smuggle 2.5 tons of narcotics across the sea off Sidon's shore, the state-run National News Agency reported on Thursday.

“The navy monitored a suspicious boat at sea off Sidon's shore. After careful inspection inside the boat, it found 34 bags of drugs, in addition to earlier findings, bringing the total weight of narcotics to 2.5 tons,” the Amy command Orientation Directorate said in a statement on Thursday.

Central Bank Governor Riad Salameh said that one hundred bank accounts related to Hizbullah have been frozen in accordance with a U.S. law that threatens to sanction anyone who finances the group.

Salameh assured in a interview to CNBC on Wednesday that “the central bank is determined to maintain the country's financial stability, and make sure that the U.S. law is implemented.”

Agriculture Minister Akram Shehayyeb issued a decision banning the entry of vegetable and fruit produce from Syria to Lebanon to “protect Lebanon's production,” which triggered negative responses from the Syrian side, As Safir daily reported on Thursday.

“We want to protect the Lebanese farmers and their produce in the face of the inflow of Syrian products, mainly during the month of Ramadan,” said Shehayyeb.

The cabinet met on Thursday and decided to postpone the discussions on the thorny file of the Janna Valley dam until the next session, Information Minister Ramzi Jreij said.

The meeting was chaired by Prime Minister Tammam Salam who reiterated the necessity to elect a president “because vacuum is reflecting on the state institutions, the parliament and cabinet, and harms national interest” he was quoted as saying.

Unknown assailants tossed a grenade in the southern Palestinian refugee camp of Ain el-Hilweh, the state-run National News Agency reported on Wednesday.

The grenade was tossed at dawn into the Taytaba neighborhood and was followed by heavy gunshots.

Speaker Nabih Berri expressed annoyance at the joint committees dead stop and inability to agree on a new parliamentary electoral law and stated a belief that some lawmakers want to invoke the 1960 law in the coming polls, As Safir daily reported on Wednesday.

“The meetings of the joint parliamentary committees to discuss the election law did not yield any results yet. It is still at a standstill,” Berri told his visitors according to the daily.