The $7 billion loan for Syria’s energy projects will now move toward finalization following the SST removal, clearing the remaining U.S. legal and compliance barriers for JPMorgan Chase to make a binding commitment.

Qatar National Bank and Abu Dhabi Commercial Bank are leading the financing, with 10–20 additional regional and international banks expected to participate.

Based on the proposed structure, JPMorgan Chase would ultimately retain around 5%–15%, of the total loan, with the remainder syndicated to other banks.

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The large city of bint Jbeil in southern Lebanon

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Mazloum Abdi has been appointed as an advisor in the Syrian Government with specific role to be announced “within hours”

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Mazloum Abdi appointed as advisor to the Syrian President for Kurdish affairs.

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He will also formally announce/confirm tonight the dissolution of the SDF to the general public.

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Mazloum Abdi:

We announce the dissolution of the Syrian Democratic Forces (SDF) and the Autonomous Administration, along with all of its affiliated military and civilian structures, and their complete integration into state institutions.

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Chairwoman of the Autonomous Administration of North and East Syria (SDF’s political wing) Ilam Ahmed has been appointed by the President as member of the Syrian Parliament.

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Leadership figures, Generals, Field Commanders within the Syrian Democratic Forces (SDF) have announced the end of their duties following an announcement by Mazloum Abdi regarding the dissolution of the various formations.

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Kuwaiti Al-Moushtaraka Contracting Company has won a $50 million Syrian Ministry of Transport contract to rehabilitate and maintain the international road linking Damascus to the Nasib border crossing with Jordan. The project will take 400 days.

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Israeli forces have completely flattened approximately 50 out of 54 towns and villages where their activity was present in southern Lebanon/Satellite Images as of august 2026

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Syria has announced the completion of the rehabilitation of its largest natural gas processing facility, Conoco, located in Deir ez-Zor. Production to start as early as next Monday./Statement

It will raise Syria’s domestic gas production to approximately 70–75% of domestic demand.

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Three Israeli artillery shells targeted the surroundings of the town of Beit Jinn in the western countryside of Damascus, Syria.

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"Hamas is not showing any signs of disarming. On the contrary, we are seeing attempts to resume the independent production of various types of weapons in order to arm its forces." (Maariv/Israeli security official)

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Morocco has established a site at an undisclosed location for the Israeli-manufactured “Barak” medium air defense system, designed to counter missile and drone threats. The system is produced by Israel Aerospace Industries (IAI), the principal Israeli arms manufacturer whose weapons have been and are currently utilized in Gaza, southern Lebanon, and Syria.

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The Central Bank of Syria reaches an agreement with the Saudi-Syrian Business Council to establish a joint Saudi-Syrian bank./Statement

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During the first half of this year, 247 Turkish companies have submitted requests to establish factories in Syria, taking advantage of lower production costs and the proximity of the Syrian market to Turkey./Bold Media

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QNB Group confirms the Completion of the first fully integrated international payment transaction via Mastercard cards through QNB in Syria./Statement

This new service allows merchants, government entities, and companies to accept international payments using Mastercard credit cards through QNB Group's point-of-sale devices.

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