Syria's central bank devalued the Syrian pound Wednesday giving in to weeks of depreciation on the black market as new US sanctions took effect. The central bank raised the official exchange rate from 704 to 1,256 Syrian pounds to the dollar, in a statement published on its social media...

The UN special envoy for Syria said Tuesday he hopes that talks on drafting a new constitution for the country can be held in late August, warning the war-torn nation has plunged into economic crisis with rising fears among its people. Geir Pedersen told the UN. Security Council that a...

An uncle of Syrian President Bashar Assad was sentenced to four years in prison in France on Wednesday for illegally using Syrian state funds to build a French real estate empire. The anti-corruption groups that launched the legal proceedings against Rifaat Assad announced the decision...

A Paris court will give its verdict Wednesday in a trial on money laundering charges for Syrian President Bashar al-Assad's uncle, who amassed a fortune in France over several decades. Rifaat al-Assad, 82, may not be in the dock for judgement, having been hospitalised last December during...