Old fields could produce 400,000 barrels of oil per day within a year and there are some large natural gas reserves to exploit, but investment is needed to make the most of the opportunity.
Since 2011, the Syrian economy has suffered from a devastating internal war and strict sanctions imposed by the European Union and the United States, including on Syrian oil.In 2019, the US…
Ankara and Tel Aviv have been at each other's throats for years, not least over Gaza, while a change in leadership in Syria has thrown fuel on the fire. Thankfully, there are deconfliction mechanisms.
Al Majalla unpacks this new chapter in Middle East diplomacy, exploring the history behind the silence, present-day stakes, and the uncertain road ahead
Trump's decision was crucial to restoring Syria's international connections and improving its economic prospects. However, much more needs to be done to ensure peace and prosperity for its citizens.
Firms relying on the recent wave of lifted sanctions and exceptive relief will face significant hurdles in verifying that transactions do not benefit excluded actors
The former US envoy to Damascus tells Al Majalla how to find a path to a lasting settlement and a new place in the Middle East, from his unique perspective and first-hand experience in Assad-era talks
US and Chinese leaders have locked themselves into a downward spiral that goes far beyond tariffs, exports, and rare earths. This is about the future and who controls it.
Strategic investments aim to stimulate the economy, attract tourists, and elevate culture and the arts in Saudi Arabia as part of the country's Vision 2030 goals
The Adana Agreement defused a crisis in 1998 on the brink of a military confrontation. As revision talks are underway, Al Majalla reexamines the agreement.
Her task will be to balance the country's security imperatives with American expectations regarding burden-sharing, defence spending, and economic cooperation