Syrian stock market halts trading for Assad cousin’s company

Syrian stock market halts trading for Assad cousin’s company

The decision by the Syrian Commission of Financial Markets and Securities marked another development in a deepening financial dispute within the Assad family, which has ruled Syria for five decades.. The commission said its measure aims to protect shareholders and that the suspension would last until further notice.. Assad has made no public statements about the affair - the most visible split in the tight-knit family since Assad succeeded his father in 2000.. Economic activity is also being hurt by restrictions imposed to combat the coronavirus, following austerity measures taken during the war that has displaced nearly half the population.. Egypt and Spain discuss resumption of tourism. Egypt opens investigation into physician's death due to coronavirus.