A group of four American Republican senators has challenged the United States’ support for a proposal by the International Monetary Fund (IMF) that would allow member countries including Syria and Iran to tap into a USD 650 billion funding allocation.

The U.S. Department of Treasury has sought to reassure humanitarian agencies operating in Syria after growing criticism that sanctions designed to punish the regime are throttling aid to an increasingly impoverished population.

The Central Bank of Syria (CBS) has introduced a new exchange rate for importers, merchants, and manufacturers in a bid to narrow the gap between the official and black market rates after the local currency sank to record lows against the US dollar.

The Syrian government has inaugurated the first project in one of the country's designated real estate development areas after years of struggling to attract serious investment

The UAE has donated vaccines to Syria as the country grapples with a third wave of the pandemic.