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Syria launches new currency as part of post-Assad economic reforms
December 30th, 2025 - 09:03 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Syria launches new currency as part of post-Assad economic reforms

ALBAWABA- Syria’s transitional government unveiled a major currency redenomination, removing two zeros from the Syrian pound in an effort to simplify transactions and signal steps toward economic stabilization. Under the plan, 100 old pounds will convert to one new pound, with redesigned banknotes ranging from 10 to 500 pounds set to enter circulation on January 1, 2026. The new notes feature neutral imagery, roses, wheat, olives, and oranges, avoiding portraits ...
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Al Bawaba
October 5th, 2015 - 09:37 GMT

Lebanon: Turkish power firm denies violating labor laws

Al Bawaba
October 5th, 2015 - 09:07 GMT

Global Islamic Economy Summit opens in Dubai

Al Bawaba
October 5th, 2015 - 08:24 GMT

Building bridges to fun: $68M contract awarded for infrastructure links to Dubai theme parks

Al Bawaba
October 5th, 2015 - 08:10 GMT

Egypt: More setbacks for stalled Renaissance Dam project

Al Bawaba
October 4th, 2015 - 07:28 GMT

Egypt throws a punch at Etisalat ad for promoting domestic violence

Al Bawaba
October 4th, 2015 - 06:29 GMT

Wheels that wow will roll up to Riyadh for Luxury Motor Show

Al Bawaba
October 4th, 2015 - 05:23 GMT

Ready set invest! Youth investment camp to begin Monday in Kuwait

Saudi Prince Al Waleed Bin Talal Al Saud is the wealthiest Arab in the world with $22.6 billion. (Al Bawaba/File)
October 4th, 2015 - 04:15 GMT

Where's the wealth? Nearly half of Middle East's ultra wealthy live in Saudi or UAE

Jordan and Lebanon have welcomed 627,287 and 1.183 million Syrian refugees respectively. (File photo)
October 4th, 2015 - 11:00 GMT

Is the GCC simply throwing money at the refugee crisis?

Al Bawaba
October 4th, 2015 - 10:44 GMT

UAE: Sheikh Mohammed launches Global Initiatives foundation with $273M annual budget

Al Bawaba
October 4th, 2015 - 10:04 GMT

Egypt: Siemens to power up $268M of electricity transmission stations

The US suspects Abou Merhi's maritime network to be tied to the Joumaa criminal organization, which has links to Hezbollah. (Shutterstock)
October 4th, 2015 - 06:31 GMT

US charges prominent Lebanese businessman with money laundering, narcotics trafficking

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