Syrian government has stopped ratifying certificates of origin on Thursday which means stopping export to the Arab Gulf through Jordan, sources told Eqtsad news website. The Vice-Chairman of the Export Committee in the Federation of Syrian Chambers of Commerce, Fayez Qasouma, said that...

SPOKANE, Wash. (AP) — About a dozen deaths in Washington and Oregon may be tied to an intense heat wave that brought scorching temperatures to the Northwest and caused one power utility to impose rolling blackouts amid heavy demand. The dangerous weather that gave Seattle and Portland...

Oman will begin issuing long-term residency to foreign investors, the government said Wednesday as authorities attempt to shore up the Gulf nation's flagging economy. Depressed demand for oil and the coronavirus pandemic have hit the sultanate's finances hard, pushing leaders to seek...

The head of the scientific council for the national pharmaceutical industries expected a new adjustment to the prices of some basic medicines, whose losses are still significant in economic terms, despite price adjustment in the last bulletin.   Rashid al-Faisal told Melody, a...

Syrian Prime Minister Hussein Arnous stressed the need to benefit from the rubbish sector and launch projects to treat it in partnership with the private sector and turn it into a source of income.   Local media reported that the director of waste treatments in Damascus suburbs, Maurice...

  The pro-Syrian regime Al-Watan newspaper said Saturday the Finance Ministry will increase the minimum import prices ​​for 15 commodities.   A number of members of the Damascus Chamber of Commerce said the decision has not yet reached them, but they made it clear that any addition...

The prices of animal feed have risen in the opposition-held areas in northern Syria, taking advantage of the decline in local production as a result of drought and Turkey's prohibition of exporting feed to the foreign market.   In the markets on northern countryside of Aleppo, the...

The Syrian  Health   Ministry raised the prices of 11,819 medicinal products in response to the warnings of the owners of pharmaceutical factories in Syria, who threatened to stop production if prices were not raised.   The Aliqtisadi-Syria website said the owners of...

  Fadi Hassan is a research associate at the London School of Economics’ Centre for Economic Performance and Andrea Presbitero is an associate professor of economics at Johns Hopkins University. In this guest post they argue the economic sanctions against Syria should be reconsidered...

TOKYO (AP) — Two Americans who are charged with helping former Nissan chairman Carlos Ghosn flee Japan while he was facing accusations of financial misconduct agreed Monday they took part in a scheme for him to escape the country. Statements by Michael Taylor and his son, Peter, on the...

Bitcoin is to become legal tender in El Salvador, the country's president said, making it the first nation to adopt a cryptocurrency for everyday use. Lawmakers in the Central American nation's Congress passed a bill late Tuesday that will eventually allow the famously volatile digital...

Syria's industry minister said Monday that a committee had been formed in the cabinet to urge businessmen who fled the war-torn country over the past ten years to come back home, in a move that seeks to bolster the falling economy .   At a meeting to examine the reality of industry...

Dubai's property market is powering out of a six-year malaise as "lockdown dodgers" and wealthy international investors drive a buying frenzy that is breaking records and fuelling an economic recovery. Luxury villas are the hottest segment in the market, with European buyers in particular...

  The Biden administration won’t renew a Trump-era waiver that allowed a politically connected U.S. oil company to operate in northeast Syria. That word comes from a U.S. official familiar with the decision who's not authorized to publicly discuss the matter. Treasury Department...

Desperate Syrians in eastern Ghouta had to come up with creative ways to meet basic needs and avoid starvation when regime forces in 2013 imposed a crippling siege on them. Omar Mubarak, an English teacher in the region's Hawsh al-Dawahira village, built a biogas project that helped provide...

BEIRUT (AP) — For hours, French investigators on Thursday questioned fugitive former auto magnate Carlos Ghosn in the Lebanese capital as a witness in a probe over Renault’s pollutant emissions, according to two Lebanese officials. A prosecution official and a judge said the French...

The Syrian Central Bank has eased restrictions on foreign exchange dealers inside Syria despite laws prohibiting use of dollars for trade and commercial activities.   Mohamed al-Hallaq, secretary of the Federation of Syrian Chambers of Commerce, said that the governor of the...

DUBAI, United Arab Emirates (AP) — After nearly three decades in London, Christophe Reech was fed up with the city's pandemic lockdowns. This spring, he sold his luxury townhouse and jetted off to the desert sheikhdom of Dubai to start a new life with his family. There was no turning...

DETROIT (AP) — Hyundai is recalling more than 390,000 vehicles in the U.S. and Canada for two problems that can cause engine fires. In one recall, owners are being told to park their vehicles outdoors until repairs are made. The largest recall covers more than 203,000 Santa Fe Sport SUVs...

(AP) — Saudi Aramco said Tuesday its profits soared by 30% in the first-quarter of the year, compared to last year, riding on the back of higher crude oil prices. The results come as some of the world's biggest economies are clawing their way out of recession and easing restrictions amid...