In a major move that could reshape Syria’s future, the World Bank announced on Friday that Syria’s outstanding debt of $15.5 ...

The UN International Organization for Migration (IOM) has welcomed recent decisions by the United States, the United Kingdom ...

For months, many Syrians and Syria watchers had worried that the United States might never lift its sanctions. Washington ...

The World Bank says it will restart operations in Syria following a 14-year pause after the country cleared more than $15m of ...

Effective May 12, 2025, the arrears of approximately $15.5 million due to the International Development Association (IDA) by ...

The move was the latest victory for Syria’s new government as it attempts to stabilize the nation after a long civil war and ...

The World Bank says that the $15.5 million Syria owed it has been paid off by Saudi Arabia and Qatar, enabling Damascus to take out new loans.

Syria's economic turmoil worsened in 2019 when neighbouring Lebanon, with which it has extensive economic and financial ties, ...

Saudi Arabia and Qatar announced in April that they would cover Syria's arrears with the multilateral development bank, which ...

The World Bank on Friday said it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi ...

WASHINGTON (Reuters) -The World Bank said on Friday it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi Arabia and Qatar, making the country eligible for ...