The Syrian Ministry of Transport decided to transfer the phosphate exported from the state-run port of Latakia to the port of Tartous, which is owned by a Russian company, which deprived the port workers of the large financial benefit they used to obtain from loading phosphate to export ships....

Russia's ruble has fallen a long way in recent months, and the country’s central bank has stepped in to try to halt the slide. Until now, the government stood aside as the declining ruble helped its budget. But a weaker currency also poses the threat of higher prices for everyday people in...

The Central Bank of Syria issued a circular raising the daily withdrawal ceiling from bank accounts opened for natural and legal persons from 15 million SYP to 25 million SYP. The bank justified its decision by saying that it aims to manage the exchange rate to limit speculation on the...

ANKARA (AA) - Oil prices edged higher on Tuesday after traders took advantage of profit-taking from low prices ahead of the release of US consumer inflation data on Tuesday and interest rate decisions by top central banks on Wednesday. International benchmark Brent crude traded at $72.37 per...