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New record low for Syrian pound on black market

(AFP, Zaman Al Wasl)-  The value of the Syrian pound against the dollar has fallen again to its lowest rate in history on Sunday, following  a week of sharp collapse. On the black market on Sunday, the pound was trading at 690 against the dollar. At the...

U.S. will sanction whoever purchases Iran's oil: official

The United States will continue to impose sanctions on whoever purchases Iran’s oil or conducts business with Iran’s Revolutionary Guards and no oil waivers will be re-issued, a U.S. official said on Sunday. Iran’s crude oil exports were slashed by more than 80% due to re-imposed...

Sudan's first post-Bashir cabinet sworn in

Sudan's first cabinet since the ouster of president Omar al-Bashir was sworn in Sunday as the African country transitions to a civilian rule following nationwide protests that overthrew the autocrat. The 18-member cabinet led by Prime Minister Abdalla Hamdok, which includes four women, took...