European   banks   will be able to open branches and accounts in   Syria   for use by the opposition, European Union governments decided on Friday, relaxing economic sanctions to help  Free Syrian Army  fighting al-Assad regime....

 Iran has opened two lines of credit totalling $4 billion to Damascus and expects to open up a third to counter the effects of an international embargo, Syria's central bank said on Monday according to AFP. "Iran continues to support Syria, by opening one line of credit worth a...

What is the status of the situation in Syria? Syria's civil war continued unabated in early 2013 amid an international deadlock on how to mediate the conflict that has killed more than seventy thousand people and displaced millions more. Global concerns have mounted over allegations that...

Before the bloodshed of the civil war in Syria, the country’s economy was diverse. The most important sectors included agriculture (22 percent of the economy), industry and excavation (25 percent), retail (23 percent), and tourism (12 percent), according to 2009 figures quoted by the Syrian...