Iran says latest mediation proposals to end war are 'unacceptable'
The Middle East conflict remains tense as diplomatic efforts continue alongside renewed Houthi attacks. Iran says it remains open to mediation, whi...
A restaurant payment with a Visa card in Damascus has become a symbol of Syria’s reconnection with the global financial system.
President Ahmed al-Sharaa used a Visa card to make an electronic payment at a restaurant in Old Damascus on Wednesday, in a transaction filmed and broadcast by Syria TV. Central Bank of Syria Governor Safwat Raslan was present.
The moment came as international sanctions on Syria are being rolled back and the country seeks to rebuild an economy that has spent years largely cut off from global markets.
Visa said on Thursday that it had successfully completed a live international card transaction in Syria, describing the test as a significant step towards allowing foreign visitors to use Visa cards in the country.
The company said the transaction was carried out in partnership with Syria’s central bank, Fransabank and Paymera.
Visa said the development would help expand digital payments and strengthen Syria’s links to the global digital economy.
For ordinary Syrians and international visitors, wider access to electronic payments could eventually make everyday transactions easier and reduce the country’s reliance on cash.
The payment came as al-Sharaa spoke at the opening of the 63rd Damascus International Fair, where he presented Syria as entering a new period of reconstruction following the lifting of sanctions.
He said he hoped Syria could once again serve as a "bridge between markets", a trade corridor and an economic hub connecting East and West.
The government faces a formidable task. Years of war, sanctions and economic isolation have damaged infrastructure, weakened financial institutions and restricted Syria’s access to international trade and investment.
The reopening of financial channels is therefore an important part of any broader economic recovery.
The latest developments follow a series of steps by Washington to ease restrictions on Syria.
The U.S. Treasury Department announced on Monday (24 August) that it had removed Syria from its list of state sponsors of terrorism, fulfilling a commitment by the Trump administration to provide sanctions relief.
Syria had been on the list since 1979.
The removal does not by itself resolve the country's deep economic problems, but it represents a major shift after decades of isolation.
Against that backdrop, al-Sharaa's restaurant payment was more than a routine card transaction: it offered a small, visible sign of Syria's effort to reconnect with a financial system from which it has long been largely shut out.
Despite losing his bloc's majority in Israel's 120-seat Knesset in a hotly contested election, Prime Minister Benjamin Netanyahu has managed to remain in the lead after 70 per cent of votes were tallied on Wednesday. Figures are subject to change as counting continues.
Russia and Ukraine have begun a regional ceasefire to allow the start of a humanitarian effort in the Russian-occupied town of Oleshky, both sides said on Tuesday, but they continue strikes elsewhere, including the Ukrainian capital of Kyiv.
Jordan said its air force killed more than 20 Islamic State militants in strikes on southern Syria on Monday night.
At least 68 people have been killed after two high-speed trains collided in Spain on Wednesday, in the second deadly rail disaster in less than a year on a major route linking Madrid with the southern Andalusia region.
A knife-wielding attacker was shot dead by a police officer outside Israel’s embassy in Belgrade after wounding the officer, prompting Serbian authorities to raise the country’s security alert to its highest level.
The Middle East conflict remains tense as diplomatic efforts continue alongside renewed Houthi attacks. Iran says it remains open to mediation, while the Saudi-led coalition says it intercepted a ballistic missile fired towards the kingdom.
Kazakhstan’s President Kassym-Jomart Tokayev has unveiled plans to modernise infrastructure, strengthen trade links and boost electricity production in his annual address to the nation, outlining his economic priorities against a backdrop of global uncertainty.
Georgia is laying the groundwork for a digital version of its national currency, with parliament approving a legal framework and the central bank preparing pilot projects. But a nationwide launch remains years away.
Kyrgyzstan has unveiled plans to significantly expand its protected natural areas, bringing more high-altitude glaciers, mountain landscapes and state-owned forests under environmental protection as part of a draft strategy for 2026–2035.
Uzbekistan has launched Apple Pay and Google Pay, allowing customers at several local banks to make contactless payments using their smartphones and other compatible devices.
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