Economy

15-10-2005
The International Monetary Fund (IMF) warned Syria that the country’s oil reserves will be exhausted in the next two decades and urged the country to initiate the appropriate reforms so as to generate other sources of revenue.
15-10-2005
The overall rationale for subsidizing specific products was put to severe strains as Syria underwent one of its most dangerous diesel crises in the last two weeks of September.
15-10-2005
The Syrian government will earmark USD 523 million for the development of the two governorates of Raqqa and Hassake in its upcoming five-year plan for 2006 to 2010.
15-10-2005
Syria received USD 1.2 billion in Foreign Direct Investment (FDI) in 2004, an increase of 11.3 percent from the previous year, according to the 2005 UNCTAD World Investment Report.
01-10-2005
The Ministry of Economy has abolished the previous license system pertaining to raw materials.
15-09-2005
According to the World Bank's "Doing Business in 2006" annual report, the type of hurdles an entrepreneur would get into if he wishes to invest in Syria include putting in at least USD 61,000 in capital – 51 times the average annual inc...
15-09-2005
Syria’s most respected economists delivered a harsh verdict on the state of the country’s economy, calling for radical reforms to the public sector and financial management in a series of discussion papers presented at the special meeting o...
15-09-2005
Syria ranked the same relatively to last year in the Human Development Report (HDR) 2005 published by the United Nations Development Program (UNDP).
16-07-2005
Syria and Qatar agreed to establish a joint holding company with USD 200 million in capital to invest in industrial, transportation and tourism sectors in both countries, with potential investments reaching some USD 1 billion, the official state news a...
16-07-2005
White Young Green (WYG), a British engineering consultancy has won a USD 10m EU-funded contract to modernise Syria's local administration, including an integrated development plan for the old city of Damascus, as well as five other cities over an initi...
16-07-2005
Syria has faced up to the levels of poverty in its country, with the release of a nationwide UNDP report, produced in conjunction with the State Planning Commission, showing that between 2003-2004 almost 2 million individuals, or 11.4% of the populatio...
02-07-2005
The nation wide census conducted last year by the Central Bureau of Statistics has started to yield its first results.
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).

Events

Syria: Progress & Potential
BIS Conference Centre, 1 Victoria Street, London SW1
Moms Babies and Kids
Damascus International Fairground