The World Bank has approved significant financial packages to support post-war rebuilding efforts in Lebanon and Syria, allocating $250 million to Lebanon and $146 million in grant aid to Syria, the organisation announced on Wednesday. Lebanon is grappling …
The suicide bombing at a Mar Elias church in Damascus on Sunday has laid bare the difficulties Syria’s new President Ahmad Al Shara faces in dealing with the very militants who helped him to overthrow the Bashar Al Assad regime six months ago. Mr Al Shara, …
Despite the current government’s hostility to the trade, the country remains a hub for the production and distribution of the drug. During the country’s long-running civil war, the Assad regime was hit by sanctions and diplomatic isolation, and the trade …
Questions are mounting over the fragility of Syria’s security, the duplicity in the treatment of victims, and the deepening divide between minorities and a government that purports to represent all citizens. These developments mark a further erosion of the …
Syria's banks, long-time pariahs in the global financial system, are expected to resume ties with international lenders within weeks, Syria’s central bank governor Abdulkader Husrieh told The National, a key development in the country's plan to …
In a landmark development, Syria’s Ministry of Finance has announced that the World Bank has approved a financial grant—the first of its kind in four decades—to support the rehabilitation of the country’s devastated electricity sector. Describing the move …
Six months after the fall of Bashar al-Assad’s government in Syria, survivors of its brutal detention system, including the infamous Saydnaya military prison, are grappling with devastating physical and mental health consequences amid a critical lack of …
2025-06-25T20:46:27+00:00 font Enable Reading Mode A- A A+ Shafaq News – Damascus On Wednesday, Syria’s transitional president, Ahmad al-Sharaa, revealed that indirect negotiations are underway with Israel to halt its ongoing strikes on southern Syria, …
Washington, June 25, 2025 – The World Bank Board of Executive Directors approved yesterday a US$146 million grant financing to Syria from the International Development Association (IDA) to help restore reliable, affordable electricity and support the …
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