Economy

01-05-2003
In spite of an official desire, in both Damascus and Beirut, of a strengthening of the economic relations between the two countries, the official level of bilateral trade continues to remain extremely modest and even witnessed a sharp fall last year. In spite of an official desire, in both Damascus and Beirut, of a strengthening of the economic relations between the two countries, the official level of bilateral trade continues to remain extremely modest and even witnessed a sharp fall last year.
01-04-2003
Syria's Higher Investment Council approved 65 industrial and transport investment projects worth more than SYP10 billion (US$192.3 million) in its latest meeting on March 6, the second since the beginning of the year.
01-04-2003
Besides its political message, the reported simultaneous destruction by the US and British air forces of the Iraqi-Syrian oil pipeline, of parts of a railway link between the two countries as well as of the Syrian Trade Centre in Baghdad is more than a...
01-04-2003
According to Hussein al-Amash, President of the Unemployment Commission, the state body in charge of reducing unemployment, the number of job-seekers in Syria reached 1.2 million or 22% of the active population at the end of last year.
01-02-2003
Damascus hosted on February 2 and 3 a forum on Arab women rights entitled "Women and Education" held under the patronage of Asma al-Assad, the wife of Syrian President Bashar al-Assad.
01-01-2003
The growing integration of Syria to the regional and world economy has been one of the most important aspects of its economic policy in the last 3 years and its rising exports are believed to be one of the main factors behind last year's resumed economic growth.
01-01-2003
The number of Investment projects that have been approved by the Higher Investment Council has sharply risen in 2002, according to Mustafa al-Kifri, head of the Investment Bureau (IB).
01-01-2003
The draft law amending Syria's investment framework has been published by Al-Baath, one of the three national state-owned dailies.
01-01-2003
The World Bank has sent a team in Damascus to assess the Investment climate in the country as well as the prospects for foreign investments in the Syrian economy.
01-01-2003
Syria's Gross Domestic Product (GDP) grew 3.35 percent in 2002, according to the Minister of Economy, Ghassan al-Rifai.
01-12-2002
Syria's expansionary 2003 budget has been approved by the Parliament and ratified by the President of the Republic, Bashar al-Assad.
01-12-2002
The Ministry of Industry has announced that it has finalized its draft project to reorganize the public sector industries.
01-12-2002
On the occasion of Ramadan, Syria's President, Bashar al-Assad, has ordered a one-time payment of half the month salaries for all public sector workers.
01-11-2002
The Investment Higher Council (IHC), which overviews and processes investment applications that are eligible for Investment Law N°10 facilities, is set for some changes.
01-11-2002
The Syrian Parliament has started discussing the 2003 draft Budget which calls for a rise of over 17.5 percent in expenditure.

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