Syria's New Rulers Appoint Maysaa Sabrine to Lead Central Bank, Official Says

People and cars are seen in front of the Central Bank of Syria, after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
People and cars are seen in front of the Central Bank of Syria, after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
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Syria's New Rulers Appoint Maysaa Sabrine to Lead Central Bank, Official Says

People and cars are seen in front of the Central Bank of Syria, after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
People and cars are seen in front of the Central Bank of Syria, after rebels seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Amr Abdallah Dalsh/File Photo

Syria's new rulers have appointed Maysaa Sabrine, formerly a deputy governor of the Syrian central bank, to lead the institution as the first woman to do so in its more than 70-year history, a senior Syrian official said.

Sabrine, a longtime central bank official mostly focused on oversight of the country's banking sector, did not immediately respond to a request for comment.

She replaces Mohammed Issam Hazime who was appointed governor in 2021 by then-President Bashar al-Assad and remained on after Assad was ousted by a lightning opposition offensive on Dec. 8.

Since the takeover, the bank has taken steps to liberalize an economy that was heavily controlled by the state, including by cancelling the need for pre-approvals for imports and exports and tight controls on the use of foreign currency.

But Syria and the bank itself remain under strict US sanctions.

The bank has also taken stock of the country's assets after Assad's fall and a brief spate of looting that saw Syrian currency stolen but the main vaults left unbreached, Reuters reported.

The vault holds nearly 26 tons of gold, the same amount it had at the start of its civil war in 2011, sources told Reuters, but foreign currency reserves had dwindled from around $18 billion before the war to around $200 million, they said.



European Allies to Meet over Syria, Says Italy’s Foreign Ministry

 Passengers wear adopted flags by the new Syrian rulers at the arrival terminal of Damascus airport, as Qatar Airways becomes the first international airline to announce the return of international flights at Damascus airport after 13 years of its suspension, in Damascus, Syria, January 7, 2025. (Reuters)
Passengers wear adopted flags by the new Syrian rulers at the arrival terminal of Damascus airport, as Qatar Airways becomes the first international airline to announce the return of international flights at Damascus airport after 13 years of its suspension, in Damascus, Syria, January 7, 2025. (Reuters)
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European Allies to Meet over Syria, Says Italy’s Foreign Ministry

 Passengers wear adopted flags by the new Syrian rulers at the arrival terminal of Damascus airport, as Qatar Airways becomes the first international airline to announce the return of international flights at Damascus airport after 13 years of its suspension, in Damascus, Syria, January 7, 2025. (Reuters)
Passengers wear adopted flags by the new Syrian rulers at the arrival terminal of Damascus airport, as Qatar Airways becomes the first international airline to announce the return of international flights at Damascus airport after 13 years of its suspension, in Damascus, Syria, January 7, 2025. (Reuters)

Foreign ministers from Italy, France, Germany, Britain and the United States will meet this week over the situation in Syria, Italy said Tuesday.

Foreign Minister Antonio Tajani will preside over the meeting Thursday with his European and US counterparts, the ministry wrote in a statement.

The US Department of State had announced Monday that Secretary of State Anthony Blinken would meet European counterparts, calling it an occasion "to advocate for a peaceful, inclusive, Syrian-led and Syrian-owned political transition".

Opposition forces toppled longtime ruler Bashar al-Assad in a lightning offensive last month after 13 years of brutal war, with Western powers cautiously hoping for greater stability in Syria.

Italy's foreign ministry said Tajani sought the meeting "to take stock of the situation in Syria one month after the fall of the Assad regime".

On the agenda is the work of Syria's transitional government and the challenges posed by an upcoming national dialogue conference, it said.

Also to be discussed are the drafting of a new constitution and Syria's economic recovery.

In Rome, Blinken will join US President Joe Biden as he pays a farewell visit to Italy's capital that includes an audience with Pope Francis.