Economy

02-01-2018
The Syrian President has conducted a minor government reshuffle including the defence portfolio.
02-01-2018
The Syrian government’s attempts to lure Russian direct investments, including in the cement industry, have limited chances of succeeding.
02-01-2018
Syria’s foreign trade value, composed overwhelmingly of imports, increased by some 18 percent in the first ten months of 2017, according to official reports.
20-12-2017
Russia is increasingly clear about its intentions to acquire economic assets in Syria and capitalize on its military and political support to the regime to generate financial returns.
19-12-2017
A Russian official has expressed what is the bluntest statement to date on Russia’s ambition to get hold of as much of Syria’s energy and other economic resources as possible.
19-12-2017
At the beginning of this month the government made public for the first time some information on its efforts to devise a long-term strategy for post-war Syria.
19-12-2017
A fund dedicated to investment in the opposition areas has received additional payments and pledges worth dozens of millions of dollars from various western donors.
12-12-2017
Syria’s 2018 budget will nominally increase by more than 19 percent although actual expenses will likely be much lower than those projected.
12-12-2017
The Syrian Parliament has approved a doubling of the rate of the reconstruction tax, which is supposed to contribute to finance the rebuilding of the country.
12-12-2017
An opposition-affiliated fund has announced that it will be investing more than USD 10 million in development projects in the southern governorate of Quneitra.
28-11-2017
The Syrian Minister of Economy has implicitly acknowledged that his government will receive no major funding for the reconstruction effort.
28-11-2017
Businessmen in various Syrian industries are complaining of a lack of manpower despite the country’s massive unemployment rate.
28-11-2017
Syrian-Iranian bilateral trade, excluding crude oil, increased over the past two years, although it remains well below its pre-uprising level.
21-11-2017
A report by a global bank estimates that the average wealth of Syrians dropped markedly this year.
21-11-2017
The financial results of some of Syria’s largest companies show an increase in revenues across the board, albeit from very low levels.

Events

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Damascus International Fairground