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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
September 8th, 2015 - 06:44 GMT

Arabs to serve up to seven years in Israeli prison for helping finance Hamas social welfare programs

Al Bawaba
September 8th, 2015 - 06:14 GMT

OPINION: How Syria's banks are countering politics in a war-torn economy

Al Bawaba
September 8th, 2015 - 05:16 GMT

Egypt slashes plans to build affordable housing with UAE's Arabtec: report

Al Bawaba
September 8th, 2015 - 04:31 GMT

Middle East faces major shortage of middle-income housing

Iran used to export 200,000 barrels per day to the European country before the US imposed sanctions. (AFP/File)
September 8th, 2015 - 02:50 GMT

Iran 'ready' for Spain oil exports to return to levels before sanctions

Al Bawaba
September 8th, 2015 - 01:05 GMT

Egyptian prime minister: No cabinet reshuffle after corruption case

Al Bawaba
September 8th, 2015 - 12:38 GMT

Lebanon sees $1.32 billion deficit in payments this year

Al Bawaba
September 8th, 2015 - 08:00 GMT

France backs EU label plan for Israeli settlement products

The union demands broadly overlap those of the mass protests led by #YouStink, but are not entirely congruent. (Twitter)
September 8th, 2015 - 07:00 GMT

Lebanon: Public sector unions vote to strike, join demonstrations

Al Bawaba
September 8th, 2015 - 05:30 GMT

Carlson Rezidor to open Radisson Blu hotel in Erbil

A deal on exports between the KRG and Iraqi central government soured over payments. (File photo)
September 8th, 2015 - 05:02 GMT

Turkey's Halkbank to process KRG oil export payments

Al Bawaba
September 8th, 2015 - 04:55 GMT

Egypt’s Ministry of Agriculture embroiled in $1M corruption case

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