Turkish President Recep Tayyip Erdogan on Monday announced a series of measures to encourage lira-denominated savings, easing the pressure on the beleaguered Turkish currency. Earlier in the day, the lira had tumbled to an all-time low of 18.36 against the dollar, after Erdogan over the...
Danish fuel supplier Bunker Holding, its chief executive and a subsidiary of the company were convicted by Odense city court on Tuesday for breaching international sanctions by selling jet fuel to war-torn Syria, court documents showed. Bunker Holding, a fuel trader that is also one of...
In a clear indication of the strengthening of its trade cooperation with the Syrian regime, Jordan's exports to Syria witnessed a very remarkable rise. According to the Jordanian news agency (Petra), the rate of exports of the Amman Chamber of Industry alone to Syria increased by 32%,...
Syria will host an Arab energy conference in 2024, the country's energy ministry said Thursday, the latest sign that Arab countries are moving to re-engage with the government of Syria's embattled President Bashar Assad. The announcement followed a unanimous vote from members of the...