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Prices hike in liberated Syria even with Dollar's rate decline

(Eqtsad)- Despite the decline in the Dollar exchange rate in Syria in general and the liberated areas in particular, people in southern Daraa province continue to complain about the high prices of all materials. Prices of basic materials such as fuel and other materials controlled by...

Saudi aims to issue tourist visas next year, official says

Saudi Arabia aims to start issuing tourist visas to foreigners next year, a senior Saudi official told CNN, as the government seeks to open up the conservative kingdom and find new sources of revenue to diversify its economy. At present, foreigners travelling to Saudi Arabia are largely...

Volkswagen to invest $27 billion in core brand until 2022

Volkswagen will invest 22.8 billion euros ($26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after it announced a spending program aimed at bolstering its position as a maker of electric cars. Most of that sum, around 14 billion euros, will be...