The Turkish lira rebounded Monday in volatile trade to below 6 against the dollar, erasing much of Friday's sharp losses, after a bank regulator announced new limits on foreign-exchange transactions. Investors and traders said the currency's abrupt selloff and recovery, after weeks in a...

(Zaman Al Wasl)- Coronavirus will have a major impact on the Syrian economy amid cut in the Chinese production and exports, according to Syrian business portal. Majed Sharaf, the director of Al Joudeh Group for Studies and Consultation, told  Al-Iqtisadi that the Syrian economy may...

- Iraq’s Basra Oil Co will cut crude oil output at the Nahr Bin Omar field to a minimum because of pollution and gas emissions, state news agency reported on Sunday. The company’s Director General Ihsan Abduljabbar said: “Nahr Bin Omar oilfield is considered one of the most...

  (EQTSAD)- A 65-million-euro contract with the Iranian ArdMachine company to construct five wheat flour mills in Syria, come to surface over low quality standards as first mill got out of service.  The first mill in Umm al-Zaytun town in southern Sweida province was launched...