Economy

15-01-2020
The Caesar sanctions bill that was signed into law late last year by the U.S. President will have significant medium and long-term consequences on the Syrian economy, but its shorter-term impact will be less meaningful.
15-01-2020
On December 12, the government announced on its official website that from February 01 it will start selling sugar, rice and tea at subsidised prices through a smart card system.
15-01-2020
MuhiEddine Al-Manfoush—a profiteer from the Syrian conflict tightly connected to regime figures but not on western sanctions lists—has opened several businesses outside Syria, including in Turkey and in the European Union, according to opposition media.
15-01-2020
The cost of living in Syria increased significantly again last year, particularly in the fourth quarter, according to one estimate.
08-01-2020
The government has frozen the assets of Rami Makhlouf, a step that appears to follow previous restrictions on the once-powerful businessman, but which could still be reversed.
08-01-2020
Syria has awarded a Russian company a new offshore oil exploration contract as part of a set of new investment and trade agreements between the two countries.
08-01-2020
The Syrian parliament has ratified an agreement that will see the opening of a Syrian trading house in South Ossetia and a similar South Ossetian trading house in Damascus.
18-12-2019
Two European countries have committed new funds for projects in northeast Syria through an opposition-affiliated fund.
18-12-2019
The 11th round of the Syrian-Korean Joint Commission for Economic, Scientific, Technical and Trade Cooperation was held last week in Damascus.
11-12-2019
For the second time in less than two months, the Syrian government has acted against Tarif Al-Akhras, one of the country’s most powerful businessmen, although his success in reversing some earlier decisions points to his continued influence.
11-12-2019
The Syrian government has further reduced the list of imported goods it will finance at a favourable exchange rate, risking an increase in the price of some key commodities.
11-12-2019
The arrest of a businessman in the UAE on terrorism charges at the request of Syrian authorities sends a worrying signal to the Syrian business community there and highlights the improving ties between the Syrian and Emirati governments.
04-12-2019
Following the government’s decision to increase the pay of state employees, the Kurdish-led authority in northeastern Syria has announced a similar measure.
04-12-2019
A decree has increased the number of members on a council that advises the Syrian cabinet on economic matters.
04-12-2019
The Ministry of Economy and the Central Bank of Syria have tightened the conditions to obtain an import licence as they seek to reduce the sale of foreign currencies.

Events

Food Expo 2011
Damascus International Fairground
MEDHealth 2015
Dama Rose Hotel