Sources: Syria plans to print a new currency in the UAE and Germany instead of Russia.
May 16, 202554 ViewsRead Time: 1 minutes
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Reuters reported today, Friday, that Syria plans to print a new currency in the UAE and Germany instead of Russia, reflecting a rapid improvement in relations with Gulf and Western countries. In another sign of deepening relations between the new Syrian government and the UAE, Damascus signed yesterday, Thursday, a preliminary deal worth $800 million with the Emirati company "DP World" to develop the port of Tartus, the first deal of its kind since President Donald Trump announced on Tuesday lifting US sanctions on Syria.