On May 23, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Syria General License (GL) 25 to …
Deposits from Gulf states ‘critical’ for Syria’s financial reform amid low foreign exchange reserves
Gulf countries will play a major role supporting Syria’s efforts to urgently reform its financial system, experts are predicting, as the country seeks to resuscitate its economy when international …
Trump Administration Provides Significant Sanctions Relief to Syria
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on May 23, 2025, announced a significant relaxation of the …
Turkish firms see promise and peril in sanctions-free Syria
ISTANBUL (Reuters) -Turkish companies see big opportunities in neighbouring Syria as a lifting of U.S. sanctions clears the way for investment in post-war reconstruction, but they remain wary of …
Cyprus to pay Syrian asylum seekers to return home
Cyprus launches EU-backed plan for Syrian families to revoke asylum claims and return home, with financial incentives and work permits.
Syria Sanctions – New General License Issued by OFAC Following Trump Announcement
President Trump announced plans to relax sanctions against Syria during his recent trip to the Middle East, where he visited with the …
Assad’s fall in Syria turned Turkey and Saudi Arabia from rivals to partners. Will it last?
Turkey and Saudi Arabia are two Sunni powerhouses that have had a complicated and often contentious relationship over the years.
Trump administration lifts broad sanctions against Syria
The president promised to ease sanctions on the war-torn nation when he met with its new leader this month. Most financial transactions with Syria were banned.
‘Too good to be true’: investors eye Syria after Trump sanctions move
An end to U.S. sanctions on Syria is expected to mark a new era for an economy devastated by 13 years of war, opening the way for investment flows from the Syrian diaspora, Turkey, and Gulf states …
Turkey’s Top Diplomat Heads for Russia to Discuss Ukraine, Syria
Turkey’s foreign minister is set to travel to Russia on Monday to discuss the situation in Ukraine, following direct talks earlier this month in Istanbul between the two sides in conflict.