(Eqtsad)- Head of Local Council in Jarablus city in northern Aleppo province said the council oversees Karakamis border crossing allocated for goods transport in coordination and cooperation with Turkish authorities, pointing out that the decision to increase the classification of the cross...

(Eqtsad)- The numbers announced by the General Grain Directorate subordinate to regime about the amount of grain imported during the past 18 months (1200000 tons) catches the eye in light of the difficult economic conditions of the regime where the real import cost of this amount is 1000000$....

(Zaman Al Wasl)- Syria's Health Ministry has denied hike-price rumors for medication, despite the de facto increase by pharmacies. Prices of many medications have been risen in Syria to almost 6 folds like antibiotics, analgesics, and drugs of heart, high blood pressure and diabetes and many...

Reporting by Mustafa Mohamed (Eqtsad)- Salim Akil, a Syrian Engineer has won “Forbes Award” for the best promising project in the middle East 2016 for his "MINA network", the Business to Business (B2B) company that is specialized in online marketing. The network is based in Dubai, considered...

Germany will not grant any more state aid for ailing banks, a senior lawmaker in Chancellor Angela Merkel's conservative bloc said on Thursday, a day after the government denied it was working on a rescue plan for Deutsche Bank, its biggest lender. Deutsche (DBKGn.DE) is disputing a fine of...

Samsung lost more than $10 billion in market value Friday after the Federal Aviation Administration (FAA) warned owners of the company’s Galaxy Note 7 smartphone they should not use them on airplanes. “In light of recent incidents and concerns raised by Samsung about its Galaxy Note 7...

Turkey's Gross Domestic Product grew by 3.1 percent in the second quarter of 2016 compared to the same period in 2015, the Turkish Statistical Institute reported Friday. The figure was slightly short of the median forecast by the Anadolu Agency Finance Desk, which predicted a 3.3 percent...

The drumbeat of hammers echoes most mornings through suburban Denver, where Jay Small, the owner of company that frames houses, is building about 1,300 new homes this year. That's more than triple what he built a few years ago, when “you couldn’t buy a job” in the residential construction...

Cooling U.S. rate hike expectations helped world shares notch up solid gains on Monday, though they came off highs as investors concluded an oil market pact between Saudi Arabia and Russia lacked substance. Oil surged as much 5 percent on news the two mega producers had signed a deal to...

China and the United States on Sunday committed anew to refrain from competitive currency devaluations, and China said it would continue an orderly transition to a market-oriented exchange rate for the yuan CNY=CFXS. A joint "fact sheet", issued a day after U.S. President Barack Obama and...

Belgian Prime Minister Charles Michel on Saturday became the latest European politician to voice doubts over the possibility of the EU agreeing a major new trade deal with the United States, saying in a newspaper interview that negotiations might have to be abandoned for now. "This treaty...

The dog days of summer have lived up to their sleepy reputation this year as far as U.S. stocks are concerned, but market gyrations could soon pick up as a traditionally more volatile time of year looms. The S&P 500 index's 1-month realized volatility, a measure of market choppiness over...

Ireland has confirmed it will appeal a European Union ruling that ordered Apple to pay 13 billion euros ($14.6 billion) in back taxes in the country. The decision ends uncertainty over the country’s fragile government after independent ministers indicated they wanted the technology giant to...

Writing by Samir Taweel (Eqtsad)- Arabic and international media have circulated a shocking report of the British newspaper “the Guardian” that revealed that the U.N. has awarded contracts worth tens of millions of dollars to people close to the Basher al-Assad as part of an aid programme....

India's Zee Entertainment Enterprises Ltd (ZEE.NS) said on Wednesday it has agreed to sell its sports broadcasting business to Sony Pictures Networks for $385 million, as it rejigs its media content delivery businesses. TEN Sports holds broadcast rights to major cricket boards in South...

(Eqtsad)- Om Ahmed, a lady in her fifties from the Western Countryside of Daraa, sells domestic eggs she obtains from about 40 hens she grew in the garden of her house. “After losing my husband and my son in a an air strike, I have no source of income apart from some charitable organisations,...

Turkish stocks opened higher on Thursday as global markets wait for clues from the U.S. Federal Reserve’s annual Jackson Hole meeting on Friday as to the outlook for international monetary policy. Borsa Istanbul’s BIST-100 share index rose 348.04 points (0.46 percent) to 76,464.35 at the...

(Zaman Al Wasl)- Latakia city is witnessing a choking crisis due to the scarcity of the petrol as it is only present in specific gas stations and for a limited of hours daily whereas officials and military personal obtain their need immediately and the product is leaked to be sold for...

(Zaman Al Wasl)- Local sources reported that hundreds of families were displaced again from 1070 residential complex to al-Furqan neighborhood in regime-controlled Aleppo neighborhoods following capture of rebels on the residential complex in al-Hamadaniye Sunday. The sources indicated...

Translation by Yusra Ahmed (Eqtsad)- Bodies responsible in Liberated Daraa council of the Interim government, carry on process of selling wheat harvest within a annual plan for this year. Head of the agricultural office of Liberated Daraa council, Engineer Nazih Kadah reported that amount of...