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النسخة العربية
  • Politics
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  • Syrian economy

Eduardo Ramon

The return of Al-Jazira and the question of Syria’s economic renewal

As Raqqa, Deir ez-Zor, and Al-Hasakah return to state authority, this resource-rich region re-emerges as a cornerstone of economic recovery

Hussein al-Sharaa 06 February 2026
Syria's interim President Ahmed al-Sharaa (L) speaks during the Future Investment Initiative (FII) conference in Riyadh on 29 October 2025. RANIA SANJAR / AFP

Syria's obstacles to investment are many

Ambition is key to recovery, but so is realism about the road ahead. Lingering sanctions, legal ambiguity, poor transparency, and weak institutions continue to deter serious investment.

Haid Haid 20 November 2025
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
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A Kurdish Peshmerga fighter affiliated with Iran's separatist Kurdistan Freedom Party (PAK), mans a position north of Kirkuk, in Iraq's autonomous Kurdistan region. Safin Hamid/AFP
Politics

Why Iran’s militant Kurds stayed out of the US-Iran war

31 May 2026

In March there was talk of armed Kurdish fighters opening a second front in Iran's north-west, but it never happened—for several very good reasons.

Alex Vatanka
Raúl Castro was Cuban president from 2006 to 2018, having served as Minister for the Armed Forces from 1959 to 2008. AFP
Profiles

Raúl Castro: the soldier who made Fidel’s revolution endure

31 May 2026

Fidel's brother built Cuba's armed forces and took over the presidency when his more charismatic sibling fell ill two decades ago. A recent US indictment from a 1996 incident now asks new questions.

Stefanie Butendieck Hijerra
Chinese President Xi Jinping and Pakistani Prime Minister Shehbaz Sharif shake hands at the Great Hall of the People in Beijing, China, on 25 May 2026. Reuters
Politics

How Pakistan became China’s indispensable intermediary

01 June 2026

With war closing the Strait of Hormuz, Islamabad has become both broker and bridge, mediating between rivals while keeping Beijing's overland trade routes alive

Shirley Ze Yu
SARA GIRONI CARNEVALE
Business & Economy

How AI is changing the nature of work

01 June 2026

Some predict 'the end of jobs,' others a 'jobs apocalypse,' but optimists think people will adapt and get paid to do different things. Amidst war and mountains of debt, is AI a help or a harbinger?

Abdel-Rahman Ayas
Turkish drilling vessel Cagri Bey, which is set to conduct Turkiye's first deep-sea drilling operation docks in the Indian Ocean near the Mogadishu sea port in Mogadishu, Somalia April 10, 2026. Reuters / Feisal Omar
Business & Economy

Türkiye’s proposed maritime bill risks reigniting old rivalries

01 June 2026

The Exclusive Economic Zone risks reopening disputes over energy, maritime claims, and influence in the Eastern Mediterranean

Amr Emam

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Cuba, lawfare, and Trump’s Venezuela temptation

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SpaceX could become the largest IPO in history

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