25-11-2020

Two private Syrian banks owned partially by foreign investors have taken steps to rebrand, in a move to reduce the risk for foreign shareholders a few months after the enactment of the Caesar Act.

25-11-2020

The Syrian pound has renewed its sharp decline and is once again nearing the level of 3,000 pounds to the US dollar it crossed this summer before making a modest recovery.

25-11-2020

The Syrian government will commission an unnamed contractor to restore turbines at the Aleppo thermal power plant—one of the country’s biggest power plants—in a contract worth EUR 124 million, officials said.

25-11-2020

Following a rapid spread of the Covid-19 pandemic in opposition-held parts of Syria, authorities in the country’s northeast have imposed a full lockdown for ten days to try to slow the virus’s advance.

25-11-2020

An opposition-affiliated fund financing projects in areas outside government control is launching new projects worth EUR 8 million in northern Syria, including in the agriculture and electricity sectors.