Economy

20-06-2017
The launch of a new car assembly plant in Syria, the second in the space of four months only, has served to highlight the steady rise to prominence of an increasingly powerful businessman.
20-06-2017
Syria has reduced customs duties on manufacturing inputs by 50 percent in a bid to encourage local production and reduce imports.
13-06-2017
Several prominent Syrian businessmen, under pressure by the regime, have sold their assets to members of the new business elite, a reflection of how the war is changing the Syrian business landscape.
13-06-2017
Dozens of thousands of Syrian refugees in Turkey have returned to Syria in areas controlled by the Free Syrian Army, according to Turkish officials.
06-06-2017
All dams on the Euphrates River are now under the control of the Kurds, a fact that has important economic and political implications.
30-05-2017
Petrofac said last week that its CEO, Syrian-British businessman Ayman Asfari, would remain in his post but would not be involved in any matters connected to an ongoing investigation on its ties with Unaoil, a company suspected of corruption and money laundering.
30-05-2017
The European Union extended its sanctions against Syria for one year and listed three more individuals to its blacklist.
30-05-2017
The Higher Council for Public Private Partnership has listed a number of projects to be offered to private investors, although very few appear likely to be launched any time soon.
23-05-2017
The Syrian government is trying to cancel levies extorted by regime checkpoints as growing protests from traders and transporters alike reflect the exasperation of the population.
23-05-2017
The Court of Justice of the European Union has rejected Rami Makhlouf’s legal action to cancel the sanctions imposed on him by the EU.
16-05-2017
One of Syria’s main Sharia-compliant banks as well as several individuals and entities affiliated to Rami Makhlouf have been put under sanctions by the U.S. Administration today.
16-05-2017
The Syrian opposition has opened a new crossing with Iraq near the border with Jordan, enabling the flow of goods between the two sides of the border, the first such position currently under the control of the Syrian opposition.
16-05-2017
The European Union has delisted two Syrian individuals from its sanctions list following a similar action on an associated company a few weeks back.
16-05-2017
Despite the war, the Central Boycott Office of the Arab League continues to operate from Damascus and blacklist companies that deal with Israel, including recently two large western groups.
09-05-2017
Syria’s exports contracted further in the first quarter of this year, according to a government official.

Events

Assessing the Price of Imported Goods
Damascus Chamber of Commerce
Damascus 1st Tourism Shopping Festival
Kiwan Land