The jihadist Islamic State is selling oil and liquid gas products extracted from fields under its control in Syria to Iraqi businessmen across the border, a monitoring group said Monday. ISIS has captured large swathes of territory in Syria and Iraq, including all of oil-rich Deir...

(Reuters) - World markets remained under pressure on Friday after the downing of a Malaysian airlines jet at the Ukraine-Russia border, new sanctions on Moscow and unrest in Gaza had sent investors scurrying into defensive assets. European shares .FTEU3 saw more selling...

BEIRUT (AP)- Rebels attacked the Syrian defence minister's village on Friday, capturing parts of it after killing at least 18 soldiers and pro-government gunmen, activists said. The assault began with a suicide bombing against an army checkpoint in government-controlled Rahjan,...

WASHINGTON (Reuters) - The United States on Thursday imposed financial sanctions on a Lebanese consumer electronics company, saying it purchased supplies used to develop military drones for the militant Hezbollah movement. Stars Group Holding secretly bought electronics in the...

WASHINGTON (Reuters) - The United States on Wednesday slapped sanctions on a United Arab Emirates company for supplying specialty petroleum products to the Syrian government, and blacklisted two additional Syrian companies. Pangates, based in Sharjah in the UAE, supplied...

The Syrian regime of President Bashar al-Assad has funded and co-operated with al-Qaeda in a complex double game even as the terrorists fight Damascus, according to new allegations by Western intelligence agencies, rebels and al-Qaeda defectors. Jabhat al-Nusra, and...

    A barrel bomb attacks targeting Anadan town in Northern Aleppo countryside killed 20 people and wounded dozens on Saturday, local activists told Zaman Alwasl. Activists expected an increasing number of dead due to the violent shelling which has reduced entire...

(Reuters) - Syria's economy , rocked by four years of civil war, is shrinking fast as industrial and agricultural output falls, leaving almost two thirds of the population in extreme poverty, according to a U.N. sponsored report released on Wednesday. The study, conducted by...

United Nations, (IANS/WAM) Syria has suffered $143.8 billion in economic losses due to the continuing civil war in the country, according to a new UN report. The joint report by the Syrian Centre for Policy Research and the UN says that even as the death toll from Syria's...

(Reuters) - Deutsche Bank ( DBKGn.DE ) launched plans to raise 8 billion euros ($11 billion) in new capital on Sunday with the Qatari royal family a major new investor, in a bid by Germany's largest bank to end questions about its capital strength. The bank had already raised...

(Reuters) - Saudi Arabia is considering trade sanctions against the Netherlands because of stickers printed by far-right politician Geert Wilders which display anti-Islam slogans in the colors of the Saudi flag, a Dutch foreign ministry spokesman said. Wilders, leader of...

War and drought have crippled Syria's wheat crop, with some experts now forecasting output of the staple food could fall to around a third of pre-war levels, and possibly even below 1 million metric tons ( 1 metric ton = 1.1023 tons) for the first time in 40 years, Reuters said in an...

Iraq's oil and natural gas reserves hold great importance for Turkey, a country which is highly dependent on imports for energy consumption. Iraq has been struggling to stabilize politically since the US invaded in 2003 and removed the Baathist regime of Saddam...

Syrian rebels from the southern province of Daraa have kidnapped a presidential hopeful whose bid was turned down by the constitutional court, according to an online video distributed Tuesday. The video shows three armed, bearded rebels wearing fatigues in a room with Mohammad...

Syria hopes to attract foreign investment in tourism, a government minister said on Friday, despite a three-year civil war that has killed more than 150,000 people and devastated many historic sites. “The situation in Syria isn’t as the world imagines. There are areas that are...

Egyptian property developer SODIC swung to a net loss of 447.1 million Egyptian pounds ($64 million) last year, due to one-off items including a write-down on its investments in Syria, managing director Ahmed Badrawi told Reuters on Tuesday. The company had made a net profit of 257...

Euro zone consumer confidence rose 0.6 points month-on-month to -8.7 in April, beating market expectations, the European Commission said in its first estimate on Tuesday. Economists polled by Reuters had expected an improvement to 9.0. For the whole of the 28-nation...

U.S. stocks rose on Tuesday, with both the S&P 500 and Nasdaq on track for a sixth straight day of gains as a number of bellwether companies reported strong results. Netflix Inc ( NFLX.O ) surged 7.1 percent to $373.13 a day after results showed strong subscriber...

Asian stock markets were subdued on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday. MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 percent. Japan's...

Damascus- Indo Asian News Service: Syria has raised the price of gasoline by 20 percent as part of government-guided austerity measures to cut costly subsidies, the fifth increase in three years. The Ministry of Trade and Consumer Protection announced Wednesday that the price of one...