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Makhlouf's defiant statements kill Syrian Lira in heart

(Zaman Al Wals)- The value of the Syrian pound (Lira) has been in hysterical dwindling on Sunday following new defiant statements by Bashar al-Assad's cousin and Telecom tycoon  Rami Makhlouf  who has refused to step down and warned of imminent collapse for the ailing economy....

Iran stock market booms, but analysts fear a growing bubble

Even as U.S. sanctions, unemployment, inflation and low oil prices batter the Iranian economy, there seems to be at least one refuge for investors. The Tehran Stock Exchange has seen gains of 225 percent in the last year, with sharp increases even as the country struggled with one of the...

Arab stock markets plunge almost 25% in Q1: UN report

Arab stock markets plunged almost a quarter in value in the first three months of 2020 due to the coronavirus pandemic and the collapse in oil prices, a U.N. agency said Thursday. "The drop in oil prices and the COVID-19 pandemic resulted in a 23-percent average loss for major Arab stock...