Economy

16-06-2005
Arab investments in Syria reached USD 61.1 million in 2004 according to the annual Report on Investment Climate in Arab Countries published by the Inter-Arab Investment Guarantee Corporation (IAIGC).
16-06-2005
Syria has joined the International Centre for Settlement of Investment Disputes (ICSID), an institution part of the World Bank Group.
16-06-2005
Syria’s gross domestic product stood at SYP 1,103 billion (USD 22.062 billion) in 2004, a 3.2% annual growth according to preliminary figures from the Central Bureau of Statistics (CBS).
16-06-2005
The Syrian and Italian authorities are finalizing discussions around a EUR 10m Italian loan in favour of the Agency for Combating Unemployment (ACU).
03-06-2005
According to the annual report of the Investment Bureau, the Investment Higher Council licensed a total of 759 investment applications for a total paper value of SYP 203.6 billion (around USD 3.85 billion).
03-06-2005
The EU is providing a EUR 18 million loan to Syria under the MEDA programme to ensure better management of the country’s big cities - including developing city properties, attracting private investment, creating jobs and boosting services such as...
03-06-2005
In its first trip outside London, the annual Women in Business (WiB) International Forum brought together nearly 2,000 delegates from 40 different countries for a two day meeting in Damascus aimed at encouraging networking between businesswomen from the Arab world and across the globe.
16-05-2005
Tariffs on cars imported into Syria were slashed on May 6 by issuance of Presidential decree No. 197 that reduces duties paid on cars with engines less than 1.6 litres from 145% to 40% and on cars with engines larger than 1.6 litres from 255% to 60%.
16-05-2005
The 450% increase last September in the price of industrial diesel oil has raised the total cost of electricity subsidies for the Syrian government to an annual amount of between SYP 22-25 billion, according to Moneeb Saem al-Daher, Syria’s minis...
16-05-2005
The Baath Party conference will set the political tone for the coming period. It will also set the agenda for the much needed economic reform in Syria. The Syria Report talks to Abdullah Dardari, Head of the State Planning Commission, about what the ex...
02-05-2005
Thirteen cooperation agreements and memoranda of understanding were signed between Yemen and Syria during the three-day visit of the Syrian Prime Minister Mohammed Naji Otri to Yemen on April 18.
15-04-2005
The Head of the State Planning Commission Abdullah Dardari has signed four cooperation projects with the United Nations Development Project (UNDP) worth $5.6m.
15-04-2005
Russia and Syria intend to increase bilateral trade turnover to USD 1 billion from its current figure of only USD 218 million, it was announced following a meeting of the Russian-Syrian commission for trade and economic and scientific-technical coopera...
02-04-2005
The tourism sector has taken a blow, while retail sales are suffering from the absence of Lebanese shoppers.
02-04-2005
According to a recently released report, the estimated money transfers from Syrian workers in Lebanon stood at USD 1.5-2 billion a year.

Events

Shaam Expo
Damascus International Fairground
SME Support Fund
Damascus Chamber of Commerce