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.



Blinken Says More than a Third of Israeli Forces in Lebanon Have Withdrawn

A member of the Spanish UNIFIL peacekeepers forces stands in front of the rubble of destroyed buildings during a patrol in the southern Lebanese village of Borj al-Mlouk, near the border with Israel, on January 7, 2025, amid a fragile truce between Israel and Hezbollah. (AFP)
A member of the Spanish UNIFIL peacekeepers forces stands in front of the rubble of destroyed buildings during a patrol in the southern Lebanese village of Borj al-Mlouk, near the border with Israel, on January 7, 2025, amid a fragile truce between Israel and Hezbollah. (AFP)
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Blinken Says More than a Third of Israeli Forces in Lebanon Have Withdrawn

A member of the Spanish UNIFIL peacekeepers forces stands in front of the rubble of destroyed buildings during a patrol in the southern Lebanese village of Borj al-Mlouk, near the border with Israel, on January 7, 2025, amid a fragile truce between Israel and Hezbollah. (AFP)
A member of the Spanish UNIFIL peacekeepers forces stands in front of the rubble of destroyed buildings during a patrol in the southern Lebanese village of Borj al-Mlouk, near the border with Israel, on January 7, 2025, amid a fragile truce between Israel and Hezbollah. (AFP)

US Secretary of State Antony Blinken on Wednesday said that more than a third of Israeli forces in Lebanon have withdrawn since the ceasefire between Israel and Lebanese armed group Hezbollah.

Blinken, speaking to reporters in Paris, said that while challenges remain, the oversight mechanism put together by the United States and France to address concerns about ceasefire violations is working and functioning well.