Lawmakers failed to elect a new president on Wednesday, the result of rivalry between the March 8 and 14 camps as no candidate was able to garner the needed two-thirds of votes to become Lebanon's next head of state.

Speaker Nabih Berri chaired the session at noon Wednesday after 124 MPs attended it, securing the required two-thirds quorum.

Speaker Nabih Berri is expected to call for a second parliamentary session set to elect a new president in May as observers are decisive that the first round on Wednesday will not lead to the election of a new head of state.

According to al-Joumhouria newspaper published on Wednesday, the speaker will call for another round unless consensus among parliamentary blocs was reached over the name of the new president.

Lebanese Forces leader Samir Geagea succeeded on Tuesday in gathering the support of the March 14 alliance in his run for presidency, on the eve of a parliamentary session dedicated for holding the first round of vote on a new head of state.

March 14 leaders convened in the evening at the Center House, and declared Geagea as their candidate for presidency.

The Special Tribunal for Lebanon announced on Tuesday issuing new arrest warrants for the five suspects accused of being involved in the assassination of former premier Rafik Hariri, following the Prosecution’s submission of a joint indictment.

"The STL has issued new arrest warrants for Salim Jamil Ayyash, Mustafa Amine Badreddine, Hassan Habib Merhi, Hussein Hassan Oneissi and Assad Hassan Sabra following the Prosecution’s submission of a consolidated indictment,” the tribunal said in a released statement.

Progressive Socialist Party leader MP Walid Jumblat on Tuesday announced the revival of the Democratic Gathering parliamentary bloc and the nomination of its member MP Henri Helou for the presidency, one day before a parliamentary session aimed at voting for a new president.

“The Democratic Gathering has been revived with all its members and we're one family again,” Jumblat said after a meeting in Clemenceau.

The Change and Reform parliamentary bloc led by MP Michel Aoun announced Tuesday that it will cast blank votes in Wednesday's presidential election.

"We have decided to take part in Wednesday's session and we will cast blank votes," MP Emile Rahme said, reciting a terse statement issued after the bloc's weekly meeting in Rabieh.

Lebanese Forces delegates continued on Tuesday meeting with lawmakers over the presidential elections, as MP Sethrida Geagea announced that the LF chief might gather up to 50 votes in his favor during Wednesday's parliamentary session dedicated for the election of a new head of state.

Tuesday's meetings kicked off with talks with Speaker Nabih Berri in the Beirut neighborhood of Ain al-Tineh, and the latter revealed that his Development and Liberation MPs will attend Wednesday's session at the parliament to vote for a new president.

Former premier Najib Miqati announced Tuesday that he and his ally MP Ahmed Karami will vote for Democratic Gathering's presidential nominee MP Henri Helou during Wednesday's session, as Tripoli MP Mohammed Safadi said he will take the “sensitivities” in the city into consideration.

According to a statement issued by Miqati's office, the ex-PM met with Health Minister Wael Abou Faour and MP Helou in the evening at his Verdun residence.

President Michel Suleiman hoped on Tuesday that parliament will respect the constitutional deadline to elect a president, saying that this remains one of the greatest challenges facing Lebanon.

He said in a statement: “I expect parliament to assume its national responsibility and elect a new president that the Lebanese people deserve before May 25.”

The Hizbullah official in the town of Lassa in Jbeil was killed on Tuesday in a car crash, reported Voice of Lebanon radio (100.5).

Sheikh Youssef Ghazi al-Muqdad was killed when his Toyota jeep veered off the Yanouh-Lassa main road in Jbeil, said the National News Agency.