(Zaman Al Wasl)- The Syrian pound (Lira) on Monday has hit a historic low against the U.S. dollar to a record low of 1,050 pounds to the dollar. The deteriorating and tragic exchange rate is caused by the Lebanese crisis where about $20 billions are locked up in the Lebanese banks,...

Renault 7201.Y shares hit six-year lows on Monday after a media report that Nissan has accelerated secret contingency planning for a potential split from the French carmaker, the latest sign that the downfall of former boss Carlos Ghosn is roiling the 20-year alliance. At 1027 GMT, the...

When the United States, the European Union and the United Nations imposed sanctions on Syria in the first year of its civil war in 2011, they were intended to financially squeeze the government of Bashar al-Assad. But Lebanon was also caught in the crosshairs, pressured to curb Syria's...

Lebanon's central bank is seeking extra powers to regulate and standardise controls which commercial banks are imposing on depositors, the governor said on Sunday, saying his intention was to ensure "fair relationships" between banks and customers. Central bank governor Riad Salameh, in a...