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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
August 27th, 2015 - 01:49 GMT

A silver lining: Import prices fall for Lebanon as euro, yuan decline

Al Bawaba
August 27th, 2015 - 01:37 GMT

Lebanese tobacco farmers urge government to increase prices for export losses

Al Bawaba
August 27th, 2015 - 01:29 GMT

Palestinian businessman detained at northern Gaza crossing

One out of five people planning to stay at Le Grey Hotel in Beirut canceled reservations due to street riots and security concerns. (AFP/File)
August 27th, 2015 - 01:02 GMT

Tourists in Lebanon run for the hills as trash crisis, protests continue

Al Bawaba
August 27th, 2015 - 12:51 GMT

Egypt to lose $320 million as higher incomes will qualify for tax exemptions

Al Bawaba
August 27th, 2015 - 12:39 GMT

UAE pushes new app for passport renewals

The Iranian government said the removal of sanctions will offset the budget deficit and help improve the country's foreign reserves. (AFP/File)
August 27th, 2015 - 12:22 GMT

Iran expects 5 percent economic growth in 2016

Al Bawaba
August 26th, 2015 - 11:55 GMT

Saudi stocks rebound after China’s ‘Black Monday’

Global marketing company J. Walter Thompson was selected for a contract with Egypt to campaign for the country's tourism. (AFP/File)
August 26th, 2015 - 11:20 GMT

Advertising agency gets $22 million a year to promote Egypt tourism

The Syrian president said in a televised interview that relationships with Iran and Russia remain stable. (AFP/File)
August 26th, 2015 - 11:04 GMT

Assad ‘confident’ of continued financial support from Iran, Russia

Al Bawaba
August 26th, 2015 - 09:37 GMT

Turkey’s defense spending balloons in past five years, totals $11 billion in orders last year

Al Bawaba
August 26th, 2015 - 09:28 GMT

Jordan’s partnership with Russia may mean better energy prospects

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