The Central Bank of Syria has issued a circular to local banks asking them to restrict credit facilities they grant to importers, an additional sign of the pressures faced by the economy.

Syria’s gold market remains disrupted by tensions between goldsmiths and the Ministry of Finance, unstable prices and the spread of unmarked gold.

The 61st edition of the Damascus International Trade Fair closed its doors last week with mixed results for the Syrian government and economy.

The reopening of a border crossing with Iraq is likely to be delayed again despite an acceleration of the preparations by the Syrian government.

Two years after it began production a Syrian brewery is considering closing down.