Syria regains World Bank funding after Saudi Arabia and Qatar pay $15.5 million debt
The unpaid amount, owed to the International Development Association (IDA) — the World Bank’s fund for the poorest nations — was fully settled by May 12, reopening Syria’s eligibility for new projects, the bank said in a statement.
“As of May 12, 2025, there are no outstanding IDA credit balances for the Syrian Arab Republic,” the statement read, adding that any future cooperation will depend on Syria meeting World Bank policies.
This development came shortly after US President Donald Trump announced at the 2025 Saudi-US Investment Forum in Riyadh that he would lift “brutal and crippling” US sanctions on Syria, which had been imposed before the fall of the Assad regime.
The day after Trump’s announcement, he met Syrian President Ahmed al-Sharaa in Saudi Arabia — marking the first meeting between the two countries’ leaders in 25 years.
Bashar Assad, who ruled Syria for nearly 25 years, fled to Russia on December 8, 2024, ending the Baath Party’s long-standing control since 1963.
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Yemen’s Houthis have claimed responsibility for the recent drone and missile strikes on Saudi Aramco facilities in Dhahran and Riyadh and at King Khalid International Airport in Saudi Arabia, vowing to carry out more attacks in the coming days.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
Thousands of young Georgians leave the country each year in search of better economic opportunities, with many moving west. As questions grow over Georgia’s European path, AnewZ spoke to people who have emigrated about what it would take for them to return.
Ukrainian President Volodymyr Zelenskyy says Russia hit at least six energy targets in deadly strikes across Ukraine, showing Moscow is unwilling to accept the energy ceasefire announced by U.S. President Donald Trump.
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Ukraine's soldiers have had their access to Starlink satellite internet restricted. Kyiv's troops use the terminals, made by Elon Musk's SpaceX, to pilot drones. A source in Ukraine's Defence Ministry said the restrictions would make it harder for Kyiv's army to down Russian drones.
A 62-year-old man died on Wednesday after floodwaters swept his car into the sea on the Greek island of Rhodes, as torrential rain flooded roads, stranded vehicles and disrupted transport across the island.
A failure by the U.S. and Iran to reach an agreement on a UN-backed fertiliser shipping plan for the Strait of Hormuz within weeks could trigger a food security crisis in parts of Asia and Africa, a senior UN official has warned.
Pope Leo has been diagnosed with lung adenocarcinoma, the most common type of lung cancer, after surgeons removed the lower lobe of his right lung. The Vatican says the tumour was detected during a routine health check, but its stage and whether it has spread remain unknown.
Greek students braved heavy rain to pitch tents outside parliament in Athens on Tuesday, demanding affordable housing and more education funding as rising living costs put university places beyond the reach of some students.
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