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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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Credit growth is expected to remain largely unchanged for 2015, according to Standard & Poor's analysts. (File photo)
August 30th, 2015 - 01:00 GMT

Oil price slump hits Islamic financial services

Al Bawaba
August 30th, 2015 - 12:44 GMT

Fire at Saudi Aramco complex claims 11 lives, injures over 200

Al Bawaba
August 30th, 2015 - 12:00 GMT

Partners in crime? Boeing, Saudi companies create joint venture to repair helicopters

Al Bawaba
August 30th, 2015 - 11:31 GMT

Ports firm DP World reports 22 percent jump in profits

Al Bawaba
August 30th, 2015 - 11:00 GMT

Jordan goes green with electric cars expected to hit the streets in two years

A report found EgyptAir had accumulated billions in losses in the past three years. (AFP/File)
August 30th, 2015 - 10:32 GMT

EgyptAir chairman sacked over ‘mismanagement’

Arab unemployment is due to cultural and social factors, as well as economic ones. (File photo)
August 30th, 2015 - 10:23 GMT

Why are 94,340 skilled Arabs unemployed by choice?

Al Bawaba
August 30th, 2015 - 08:30 GMT

US industrial union votes to support BDS

Al Bawaba
August 30th, 2015 - 05:49 GMT

Jordan’s exporters hope for imminent Iraqi border opening

Enhanced due diligence has been a feature of modern regional banking, especially in combating terrorism financing. (Saida Online)
August 30th, 2015 - 04:00 GMT

Bank compliance: It costs to do it right

Al Bawaba
August 27th, 2015 - 05:19 GMT

Kurdish militants funded by drug trafficking: Turkish official

Al Bawaba
August 27th, 2015 - 05:03 GMT

US court allows Iran bank to be sued by families of 'terror' victims for $17 million

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