U.S. special forces have seized a tanker that fled with a cargo of oil from a Libyan port controlled by anti-government rebels, halting their attempt to sell crude on the global market. Gunmen demanding regional autonomy and a share of oil wealth had managed to load the ship, which...

Shopping is no longer among the priorities for Syrian families in Damascus due to the rapid and drastic increase in the prices of clothes as a result of factories’ closure and the inflation which ate the Syrian Pound. Damascus shops lie empty and people only pass by them to take a look at the...

Syria's civil war has ravaged the country's economy, causing damage that could take years to repair, and people have been forced to focus on finding basic necessities, like food and fuel, experts say. Gross domestic product has plunged nearly 40 percent since 2010, the year before the war began,...

In an attempt to find answers regarding the deteriorating Syrian economy “Eqtsad "made an interview with Dr. Hussein Alamash , an economist and former director of the unemployment committee in Syria. DR Ammash assured that If the regime has not fallen yet, the Syrian...