Four Seasons, the company that managed the most luxurious hotel property in Damascus and a symbol of the liberalisation of the Syrian economy under Bashar Al-Assad, has announced that it was leaving the country.

A dispute over the ownership of agricultural lands located near the Lebanese border is pitting farmers against a powerful local figure, a state-owned newspaper reports.

The dollar has crossed the 600 level in the Syrian foreign currency market as the pound fell to its lowest level in three years.

Damascus Cham Holding announced on June 15 that it had granted the first construction permit on the Marota City project.

The Syrian Cabinet is seeking to relaunch the activities of its Reconstruction Committee after months of suspension.