Syria  is seeking 135,000 metric tons (148,812 tons) of white short grain rice, its General Foreign Trade Organisation (GFTO) said on Monday, after failing to buy in a tender that closed on August 25, Reuters reported. Syria's civil war, now in its third year, has killed more than...

Reports about an imminent U.S. strike against the backdrop of the Syrian government's alleged use of chemical weapons has caused panic in the Syrian markets and triggered off a new and sharp decline in the Syrian pound.   According to media reports, four U.S. Navy destroyers...

In an unprecedented act, al-Ba’ath party announced the establishment of "Sham Private University" as one of its investments, what leaves the door wide open for many queries about the source of the money apart from the fate of money that has been stolen from the Syrians for decades....

As the situation in Syria deteriorates with a threatened U.S. airstrike over President Bashar al-Assad’s chemical weapons, the Damascus regime still controls one of the largest conventional hydrocarbon resources in the eastern Mediterranean. Syria possessed 2.5 billion barrels of crude...