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  • Politics
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  • Syrian economy

A sheep herder near the Rumaylan military site in northeastern Syria, January 8, 2025 AFP

Resource-rich yet underdeveloped, Syria’s northeast could pay dividends

The land between the Euphrates and Tigris yields oil, water, and wheat, to name but three, yet it has had no infrastructure investment for decades. As a result, it is unproductive. That could change.

Attiya Khalaf Al-Attiya 11 February 2025
Stacks of Syrian pound banknotes are piled on a currency trader's stall at a market in the city of Manbij, currently controlled by the Turkish-backed Syrian National Army, in the Aleppo province on January 4, 2025. Aaref WATAD / AFP

Sanctions relief alone won’t kickstart Syria's economy

Without a coordinated international effort to lift sanctions, Syria will struggle to secure foreign investment

Léa Eid 10 February 2025
A US dollar note is placed on a stack of Syrian pounds at a market in the Kurdish-majority city of Qamishli in northeast Syria on September 10, 2019. AFP / Delil SOULEIMAN

Rebuilding Syria's economy will be challenging but comes with reward

Estimates of reconstruction costs range up to $500bn, and most Syrians only get a few hours of electricity per day. The country's priorities are numerous and urgent, but amid the gloom, there is hope.

Abdelkader Hasria 27 January 2025
Dr Maysa Sabrin, Syria's newly-appointed central bank governor Axel Rangel Garcia

Syria becomes first Arab state with woman central bank chief

Maysa Sabrin joins illustrious figures such as Russia's Elvira Nabiullina, Europe's Christine Lagarde, and America's Janet Yellen, proving women heading central banks is no longer a rarity

Toufic Chanbour 16 January 2025
A container crane at the port of Latakia in western Syria on 30 December 2024. Aaref Watad / AFP

Syria’s new rulers to audit Iran loan spending for illegalities

While financial obligations outlive regimes, Damascus may be able to show that some of the $7.6bn in loans from Tehran was spent repressing the Syrian people—and that Iran knew about it

Joseph Daher 31 December 2024
A man looks out to the devastation while clearing rubble and debris from a house at the Yarmouk camp for Palestinian refugees south of Damascus on December 22, 2024. MUHAMMAD HAJ KADOUR / AFP

Syria begins to piece together a country and economy in ruins

War caused its GDP to fall by 86%, leaving 69% of Syrians impoverished. Regime change brings hope for an economy once one of the Middle East's strongest. This is its story and a look ahead.

Abdulfattah Khattab 24 December 2024
Syrian Red Crescent rescuers attend to displaced people arriving from Lebanon at the Jdeidat Yabus border crossing in southwestern Syria on October 7, 2024. LOUAI BESHARA / AFP

War in Lebanon puts Syria's already struggling economy under further strain

Syria's deep economic reliance on Lebanon, shaped by years of conflict and international sanctions, has made regime-held areas particularly vulnerable to Lebanon's economic and political instability

Haid Haid 13 October 2024
The al-Assad government’s embrace of the neoliberal market involves privatisation and subsidy cuts, which are causing widespread suffering and only benefitting the elite Ewan White

Already struggling Syrians brace for more austerity measures

The al-Assad government's embrace of the neoliberal market involves privatisation and subsidy cuts, which are causing widespread suffering and only benefitting the elite

Joseph Daher 15 April 2024
The World Food Programme will have to pull its general assistance for Syria in January, at a time when it is needed in the war-torn country more than ever. Ewan White

Syria crisis compounds as humanitarian aid runs out

The World Food Programme will have to pull its general assistance for the country in January, at a time when it is needed in the war-torn country more than ever

Joseph Daher 20 December 2023
Women buy cosmetics in Syria's northeastern city of Hasakeh on June 12, 2018. AFP

How Syria's war forced women to break the glass ceiling

In the aftermath of war, due to the death, disability and displacement of men, many Syrian women have become the sole providers in their households. This has had a profound impact on Syrian society.

Alhasna Adra 15 December 2023
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Ahmed al-Sharaa, President of the Syrian Arab Republic, and General David H. Petraeus (US Army, Ret.) speak onstage during the 2025 Concordia Annual Summit at Sheraton New York Times Square on September 22, 2025. Riccardo Savi / AFP
Politics

Sharaa gets warm UN welcome. But can he break the ice in Congress?

30 September 2025

Facing a legitimacy crisis both at home and abroad, the new Syrian administration may find that the road to full acceptance and sanctions relief will be a long one

Caroline Rose
Opinion

Why more celebrities are speaking out on Gaza

30 September 2025

Fans increasingly expect their idols to speak up on issues that matter to them and are not afraid to boycott to get their point across, meaning celebrities can no longer hide behind neutrality

Samer Abou Hawwach
A woman walks past a mural depicting late former Venezuelan President Hugo Chavez and Venezuelan President Nicolas Maduro in Caracas, Venezuela July 27, 2024. Maxwell Briceno / Reuters
Politics

From friends to foes: the unravelling of US-Venezuela ties

19 September 2025

From close military cooperation to coup attempts and now literal gunboat diplomacy under Trump, Al Majalla tracks the evolution of the relationship between Caracas and Washington over the decades

Stefanie Butendieck Hijerra
Ewan White
Business & Economy

Crypto crossroad: the Middle East faces a digital dilemma

29 September 2025

There are vastly different approaches to digital assets across the region, with some still reticent to embrace a $4tn industry

Sharif Mohammad
Supplied
Culture & Social Affairs

Artist Elias Izoli returns with an exploration of balance

29 September 2025

The Syrian painter's new exhibition shows how tragedies around the world have shaped him and his work

Mimoza Al-Arrawi

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OPINIONS

Palestinian artist breathes life and meaning into Jaffa’s shoreline shards

Houssam Marouf
Houssam Marouf

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Ben Fishman and Sabina Henneberg

How Nasrallah's belief in his own myths led to his missteps

Houssam Itani
Houssam Itani

Why more states are walking away from the ICC

Sergey Eledinov
Sergey Eledinov
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