22-01-2020

Syrian authorities have announced new penalties for dealing in foreign currencies and closed more than a dozen foreign exchange companies, but also offered a more attractive rate to buy dollars. However, these moves have little chance of stopping the freefall of the Syrian pound.

22-01-2020

A company from China is negotiating to set up a plant in Syria, which would be one of the very few Chinese investments to take place in the country.

22-01-2020

A financial brokerage company that is believed to be linked to Samer Foz has been licenced in Damascus, the first such company to start operating since 2011.

22-01-2020

Syria’s free trade zones recorded a decrease in their activity in 2019, a worrying development given the low base of economic activity at the start of the year.

22-01-2020

The credit and monetary council of the Central Bank of Syria has announced that it will issue new certificates of deposits denominated in Syrian pounds this year.