The telecoms sector in Syria has paid a heavy toll from the years of civil war and destruction. The major mobile operators of Syriatel and MTN Syria, along with the incumbent, have been focusing on …
Syria devalues currency amid chaos ahead of new US sanctions
Syria devalued its currency by 44% on Wednesday, announcing a new official exchange rate for the pound amid chaos in the market, hours before new U.S. sanctions aimed at cutting off revenue for Syrian …
Syria war: New US sanctions target Assad government’s foreign backers
Tough new economic sanctions aimed at deterring foreign business activity with Syria’s government have been imposed by the United States. The measures in the Caesar Act seek to compel the government …
U.S. to sanction Syria to block Assad from military victory
The United States said it will impose sanctions against Syria on Wednesday to force it to comply with U.N.-led negotiations to end the nearly decade-long civil war.
Syria devalues currency as new US sanctions hit
Syria’s central bank devalued the Syrian pound on Wednesday giving in to weeks of depreciation on the black market as new US sanctions took effect. The central bank raised the official exchange rate …
US sanctions on Syria: Caesar Act to take effect on Wednesday
New US sanctions are about to go into effect targeting any country, individual or entity that provides support to Syria’s government. The sanctions, under legislation called the Caesar Act, aim to …
U.S. to sanction Syria to block ‘Assad regime from securing a military victory’
The United States said it will impose sanctions against Syria on Wednesday to force it to comply with U.N.-led negotiations to end the nearly decade-long civil war.
Hezbollah leader accuses US of trying to ‘starve’ Syria, Lebanon
New US sanctions against the Syrian government aim to “starve” the country and its neighbour Lebanon, the head of the Lebanese movement Hezbollah said Tuesday. “The Caesar Act aims to starve Lebanon …
Nasrallah says Lebanon should not observe US Syria sanctions
The head of Hezbollah group on Tuesday said Lebanon should not observe new U.S. sanctions against Syria which he described as deeply hurtful to his country …
U.S. to impose sanctions aimed at blocking Syria military victory
The United States will impose sanctions on Wednesday aimed at cutting off revenue for Syrian President Bashar al Assad’s government in a bid to push it back into United Nations-led negotiations and …