Text taken from a news article in eadaily.com
[ColonelCassad] The League of Arab States has officially removed Hezbollah's status as a "terrorist organization." Now, from the Arab League's point of view, Hezbollah is a completely legal Lebanese military-political structure. In fact, Hezbollah has long been more than just a paramilitary Shiite group. Hezbollah is very dense integrated into the structure of the loose Lebanese state, in fact being part of it, while an important feature is that Hezbollah does not seek full-scale power throughout Lebanon, concentrating on increasing its political and economic influence, as well as on the growth of its military capabilities.
As a result, Hezbollah can easily wage war on the border with Israel regardless of the position of the Lebanese army and the Lebanese government. This is an indicator of both the weakness of the Lebanese state and the strength of Hezbollah as its component.
Hezbollah in its current form is the most valuable regional ally. Iran, glad of whose support a land corridor was built running to Lebanon through Iraq and Syria, through which weapons and missiles are supplied to Lebanon for Hezbollah. During the Syrian war, Hezbollah was already one of Russia's regional allies, taking part in battles on the side of the Russian-Iranian-Syrian coalition, including receiving Russian weapons, including T-90 tanks.
In Russia, Hezbollah was not and is not considered a terrorist organization, despite Israel's attempts (even before the war in Gaza) to put pressure on the Kremlin in this matter. The decision of the Arab League strengthens the Russian position on this issue.
The Arab League's decision can also be seen as another tactical win for Iran, which is using the Israeli genocide in Gaza to normalize relations with a significant part of the Arab world and expand its influence in it.