The arrest of a businessman in the UAE on terrorism charges at the request of Syrian authorities sends a worrying signal to the Syrian business community there and highlights the improving ties between the Syrian and Emirati governments.

The government approved on November 27 the construction of what it calls an eco-garden and tourism project on one of the largest empty plots of land in Damascus, an initiative that will lead to the expulsion of several dozen families.

The Central Bank of Syria has introduced a new exchange rate for international organisations operating in Syria, allowing them to change dollars into pounds at a rate well above the official price.

For the second time in less than two months, the Syrian government has acted against Tarif Al-Akhras, one of the country’s most powerful businessmen, although his success in reversing some earlier decisions points to his continued influence.

The second construction permit for a building in Marota City has been awarded, according to the project’s official Facebook page.