
Syria and Lebanon agree joint team on financial and banking cooperation
Officials meeting in Bangkok plan technical work on shared challenges and investment ties.
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Officials meeting in Bangkok plan technical work on shared challenges and investment ties.

The finance ministry says talks covered major private projects, public-private partnerships and debt-market development.

The planned funding would support reconstruction, while talks in Bangkok covered private investment, healthcare and Saudi-backed projects.

An explosion damaged the Jabsa gas export pipeline in Hasakah’s countryside on Thursday, starting a fire and prompting emergency crews to isolate the affected section, the Syrian Petroleum Company said.

Four workers suffered breathing difficulties while repairing a fuel pipeline near Talkalakh in rural Homs on Thursday, Syrian Civil Defense said, according to Syria TV.

Syria’s central bank said it would begin legal action against unlicensed currency-exchange and money-transfer operators on Sunday, October 18, ending a warning period for businesses to regularize their activities.

Syrian Finance Minister Mohammed Yusr Barniyeh has discussed preparations for IMF Article IV consultations with the fund’s Middle East and Central Asia director, Jihad Azour, the Finance Ministry said Friday.

Emirati businessman Mohamed Alabbar has outlined plans to invest more than $16 billion in Syrian property and tourism projects, Syria TV reported, citing the United Arab Emirates’ state news agency.

The Netherlands plans to contribute €15 million to a new World Bank fund supporting Syria’s recovery and reconstruction before the end of 2026, Syria TV reported on Thursday.