Economy

28-07-2021
Russia has delivered a second batch of vaccinations to Syria amid warnings of the risk posed by the Delta variant despite a slower rate of infection over the past month.
21-07-2021
The value of contracts awarded by United Nations agencies to Syrian companies increased by 3.7 percent last year to USD 206.9 million, according to an official report.
21-07-2021
Chinese State Councillor and Foreign Minister Wang Yi made a rare visit to Damascus in a strong gesture of support for the Syrian regime. Mr Wang’s visit was the first by a foreign minister of China since the 2011 uprising and coincided with the swearing in of President Bashar Al-Assad for a fourth seven-year term.
21-07-2021
Syria's president Bashar Al-Assad said the country’s economy was improving despite an “economic war” but gave no roadmap for addressing the increasing hardships faced by Syrians as he was sworn in this week for the next seven years.
13-07-2021
Updated on July 25, 2021:While the Syrian government scales back subsidies on a wide range of commodities, President Bashar al-Assad has issued two decrees raising the salaries of civil servants and military personnel by 50 percent.
13-07-2021
An opposition-affiliated fund that finances projects in parts of Syria outside government control has approved three new initiatives with a combined budget of EUR 11.28 million.
12-07-2021
The UN Security Council has unanimously adopted a compromise resolution allowing humanitarian agencies to continue delivering aid to Syria through its northern border without consent from Damascus.
06-07-2021
The administration in charge of northeast Syria has announced the introduction of a new smart card system to manage the sale and distribution of subsidised oil products that are in short supply.
30-06-2021
Damascus retained its rank as the least liveable city in the world this year in an index compiled by the Economist Intelligence Unit, as the Covid-19 pandemic dragged the global average down.
30-06-2021
The total wealth of Syrians dipped to 24 billion in 2020, according to a report on the wealth of populations across the globe -- around 80 percent less than before the uprising a decade ago.
30-06-2021
A high-ranking Russian delegation has visited Damascus following the recent reelection of President Bashar Al-Assad, highlighting Moscow’s continuing ambition to capitalise on its military and political support for the regime.
29-06-2021
The Ministry of Health announced this week that all health workers in government-held areas had been vaccinated as the Syrian Ambassador in Moscow said Syria had received its first shipment of the Russian vaccine early this month.
23-06-2021
UPDATED on June 23, 2021: Iranian and Iraqi delegations have visited Syria in recent weeks with a view to boosting business as Damascus’s ongoing international isolation limits its options for reviving an ailing economy.
23-06-2021
The Syrian government has increased the reference prices of a group of key imported commodities in the food, construction, and transport sectors, paving the way for traders to raise their prices again.
23-06-2021
The US has issued a year-long general licence for Syria that permits transactions and activities related to tackling Covid-19 amid criticism that sanctions are hampering the country’s response to the pandemic.