Despite previous efforts to reinstate Bashar al-Assad after his return to the Arab League, Syria's new administration chose Saudi Arabia as its first foreign destination following the ousting of Assad's regime on December 8, 2024.

After Assad's fall and the formation of a transitional government, Syria's new administration focused on rebuilding its economy, while grappling with the challenge of lifting long-standing sanctions.

In a surprising announcement, Saudi Arabia revealed the exit of Nadhmi al-Nasr, the longtime CEO of NEOM, one of the world’s largest construction projects.

Sanctioned from the global financial system, the Syrian Regime has relied heavily on Lebanese banking connections to sustain trade amid an economy stretched thin by war.

The economic crisis that Sri Lanka has long suffered from is now in the hands of the new president, Anura Kumara Dissanayake. How will he navigate these turbulent waters?