Louvre Hotels Group, owned by China's Jin Jiang, has signed an agreement to open two hotels under its own name in Damascus, it said on Saturday, a day after the UN announced an internal investigation into the bombing of hospitals in Syria. The confirmation of the two hotels opening, after...

Dozens of bankers from Citigroup Inc. to JPMorgan Chase & Co. descended on the heart of Dubai’s financial district Thursday to start work on the mammoth initial public offering of Saudi Aramco. Executives from Morgan Stanley and local investment bank Samba Financial Group also turned up...

The Syrian pound hit a record low against the dollar recently before making some gains Tuesday, setting off a hike in prices in the war-torn country where a large percentage of the population already lives under the poverty line. The pound was trading at 660 to the dollar after reaching...

(AFP, Zaman Al Wasl)-  The value of the Syrian pound against the dollar has fallen again to its lowest rate in history on Sunday, following  a week of sharp collapse. On the black market on Sunday, the pound was trading at 690 against the dollar. At the...