Daesh orders businesses to use its currency
Screen Grab of a propaganda video by the Daesh group
Cairo - Al Maghrib 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
- Monday ,15 January GMT 17:47 2018 ‘Negative’ outlook for Gulf sovereign ratings in 2018, says Moody’s
- Sunday ,07 January GMT 19:27 2018 UAE pledges to distribute 70% of VAT proceeds to help fund community projects
- Wednesday ,03 January GMT 11:35 2018 Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipment
- Wednesday ,03 January GMT 07:30 2018 Morocco’s 2017 Economic Growth: GDP on the Rise, Investment in Decline
GMT 17:47 2018 Monday ,15 January
‘Negative’ outlook for Gulf sovereign ratings in 2018, says Moody’sGMT 19:27 2018 Sunday ,07 January
UAE pledges to distribute 70% of VAT proceeds to help fund community projectsGMT 19:21 2018 Sunday ,07 January
Surge in foreign fund inflows sets stage for Egyptian boomGMT 19:15 2018 Sunday ,07 January
Iraq to export Kirkuk oil to Iran before January-endGMT 11:35 2018 Wednesday ,03 January
Saudi Food and Drug Authority: No VAT on human medicines, vitamins, and registered medical equipmentGMT 10:00 2018 Wednesday ,03 January
Saudi Customs launches Approved Economic Operator programGMT 07:30 2018 Wednesday ,03 January
Morocco’s 2017 Economic Growth: GDP on the Rise, Investment in DeclineGMT 18:33 2018 Monday ,01 January
No New Year cheer for UAE property market
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens moreGMT 10:46 2018 Tuesday ,16 January
The Rake announces editorial updatesGMT 11:51 2018 Tuesday ,23 January
Europe brings on charm and blue skiesGMT 10:46 2017 Tuesday ,19 December
For the Variety of Interior Design StylesGMT 13:44 2018 Monday ,22 January
US Christian tourists see deep meaningGMT 10:03 2018 Tuesday ,23 January
Amazon to open first cashierless shop
GMT 14:25 2017 Tuesday ,10 October
French drivers block Uber rival's recruitment
GMT 18:33 2017 Sunday ,08 October
Leonard Cohen poems to be published in final book
GMT 13:59 2017 Wednesday ,08 November
Russia locks up six for Moon flight simulation
GMT 09:55 2017 Tuesday ,07 November
Kabul TV station says attack over, resumes broadcasting
GMT 10:09 2017 Thursday ,02 November
Gulf Bank’s Corporate Partners team hosts Indian Business Leaders
GMT 10:35 2017 Sunday ,22 October
Mugabe WHO appointment 'unacceptable': Canada PM
GMT 09:19 2017 Saturday ,30 September
Poll shows Tokyo governor Koike's party threat
GMT 06:42 2017 Tuesday ,17 October
British and US authors vie
GMT 06:41 2015 Sunday ,27 December
Iraqi Kurdish forces in anti-Daesh commando raid
GMT 12:34 2017 Thursday ,31 August
US has 11,000 troops in Afghanistan, more than previous count
GMT 21:06 2015 Monday ,06 July
Jazeera Airways passengers up by 11% in May 2015
GMT 10:43 2017 Monday ,27 March
Oxfam exposes tax haven habits of EU big banks
GMT 05:47 2017 Monday ,17 April
Energy Market Research
GMT 12:26 2017 Wednesday ,26 July
Amber Valetta & Missy Rayder star
GMT 21:45 2017 Sunday ,20 August
Mine kills 3 Lebanese soldiers near Syria border: army
GMT 06:26 2017 Friday ,18 August
Storms felled record number of trees in Poland
GMT 13:29 2017 Saturday ,19 August
DryBy London launches curly blow dry with Bouclème
GMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus says
GMT 22:21 2013 Saturday ,07 September
Venice Film Festival jury announces this year’s award winners
GMT 14:11 2017 Wednesday ,06 September
S.Africa opposition in new bid to impeach Zuma
GMT 14:20 2017 Sunday ,15 October
Trump administration rejects World Bank capital increase
GMT 13:43 2017 Saturday ,19 August
Stylist appoints fashion director and beauty director
GMT 18:30 2015 Tuesday ,26 May
US says Shiite name of Iraqi operation not helpful
GMT 09:18 2015 Sunday ,28 June
Kuwait Shiite mosque bomber was Saudi national
GMT 06:46 2017 Monday ,27 February
Moroccan Living in Prague Says He Faces Harassment for Being Muslim
GMT 00:25 2016 Saturday ,07 May
Dumoulin secures dream day in Giro's pink jersey
GMT 07:42 2017 Friday ,04 August
Maduro installs disputed new Venezuela assembly
GMT 09:25 2017 Saturday ,05 August
Sources expect participation of Saliba in 'Al Haiba'
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