Daesh orders businesses to use its currency
Screen grab of a propaganda video by the Daesh group
Beirut/Cairo - Arab Today
Daesh ordered shopkeepers and traders to price goods in its currency, the dirham, as of Tuesday and set the value at 1,000 Syrian pounds ($1.80) per dirham, seeking to steer its own monetary policy even as its territorial grip is shaken.
The announcement, circulated in an audio statement on Daesh-run messaging platforms, said two Syrian banknotes — the 1,000 pound note and 50 pound note — would be banned in the areas it controls as of July 25.
The militant group has lost swathes of territory in Syria and Iraq, and is under siege in its de facto Syrian capital at Raqqa as US-backed forces press an assault to capture the city. It is also on the brink of defeat in the Iraqi city of Mosul.
The group is believed to have moved its leadership to the Syrian town of Al-Mayadeen, southeast of Raqqa, close to the Iraqi border in Deir Al-Zor province. Daesh decree made no mention of a ban on the 500 Syrian pound note. It said exchange rates for the Daesh currency would be declared on a daily basis. Daesh declared the launch of its own currency in 2015.
Source: Arab News
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phase
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 08:25 2018 Sunday ,09 December
Britain faces 'uncharted waters' if Brexit deal does not pass
GMT 16:14 2018 Saturday ,29 September
Premier Khalifa bin Salman congratulated by health minister
GMT 08:08 2017 Saturday ,13 May
Malaysia deports 3 Turks amid UN fears of widening Turkish crackdown
GMT 09:35 2017 Sunday ,29 October
Hamas official says unity deal to remain
GMT 07:03 2018 Sunday ,09 December
Saudi-led Gulf summit to begin in Riyadh amid a sharp dispute Qatar row
GMT 12:05 2018 Sunday ,02 December
Wife of HM King congratulates candidate women on election victory
GMT 12:32 2018 Thursday ,15 November
Flights temporarily suspended at Kuwait Airport due to low visibility
GMT 13:31 2018 Tuesday ,30 October
Women wrestlers take on tradition in south Iraq
GMT 14:54 2017 Thursday ,23 February
Cyprus peace process falters after latest talks called off
GMT 17:47 2017 Thursday ,26 January
Mogherini grants Bar Elias school 10 thousand Euros
GMT 16:16 2017 Thursday ,20 April
HH the Emir Visits Railway Project
GMT 11:02 2017 Thursday ,05 October
Trump weighs 'decertifying' Iran nuclear deal
GMT 10:30 2016 Thursday ,29 September
Pakistan fury after India conducts 'surgical strikes'
GMT 13:44 2017 Saturday ,26 August
Kuwaiti FM receives letter from Iraqi counterpart
GMT 11:52 2017 Monday ,05 June
Australia police shoot hostage taker dead after an hour standoff
GMT 14:40 2017 Wednesday ,09 August
AS FAR's denies subjecting player
GMT 17:38 2017 Wednesday ,15 March
Snoop Dogg draws controversy with Trump shooting video
GMT 07:07 2017 Monday ,10 April
Who were the suicide bombers behind Egypt’s deadly church attacks?
GMT 12:14 2017 Thursday ,19 October
ISIS targeted Yemen’s forces in Aben
GMT 06:46 2017 Sunday ,15 October
Academy considers expelling disgraced Harvey Weinstein
GMT 08:07 2016 Monday ,17 October
US, Britain and UN demand Yemen ceasefire within days
GMT 21:02 2017 Thursday ,29 June
Egypt's exports to Italy up by 39% in 1st quarter of 2017
GMT 04:25 2017 Sunday ,29 October
Pope decries low birth rates in Europe
GMT 06:19 2017 Thursday ,09 November
Weinstein hires celebrated New York criminal lawyer
GMT 12:35 2017 Saturday ,04 November
Crime writer Ian Rankin predicts rise of 'kind and gentle' books
GMT 04:02 2017 Sunday ,26 November
UAE Philharmonic Orchestra & Dubai Ensenble Choir
GMT 13:59 2018 Wednesday ,12 December
Turkey may soon launch military operation east of Euphrates River, Erdogan says
GMT 09:03 2018 Monday ,03 December
UN climate meeting in Poland to open following weekend protests
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor