The Syrian central bank on Thursday sent its first Swift message to the Federal Reserve Bank of New York, central bank Governor AbdulKader Husrieh told Reuters.
Syria needs to make transfers with Western financial institutions in order to bring in huge sums for reconstruction and to kick-start a war-ravaged economy © Mena Today
The Syrian central bank on Thursday sent its first Swift message to the Federal Reserve Bank of New York, central bank Governor AbdulKader Husrieh told Reuters.
"We sent (a) greeting message to all our international correspondent banks. We started with the Federal Reserve," Husrieh said. "We're telling them that ... we are back to the international financial system, and we are looking forward to long-term business relationships."
Syria needs to make transfers with Western financial institutions in order to bring in huge sums for reconstruction and to kick-start a war-ravaged economy.
Reporting By Dan Burns
Saudi oil giant Aramco announced Tuesday a 44% surge in net profit for the second quarter compared to the same period last year, driven by soaring crude prices amid the war in the Middle East.
Saudi Arabia, Russia and five other OPEC+ members meeting online Sunday agreed to raise oil production quotas for September, even as war rages across the Middle East.
Syria is seeking to reach a security agreement with Israel, Syrian President Ahmed al-Sharaa said in an interview with Al Jazeera on Sunday.
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