Finance

12-03-2019
The Damascus Securities Exchange has issued a new index that is supposed to better represent trading activity in the exchange.
12-03-2019
Syria's Central Bank has raised interest rates on time dollar and euro deposit accounts by 1 percent to attract more deposits in the banking system.
06-03-2019
Two state-owned banks have announced new lending schemes as the government seeks to kickstart the economy.
06-03-2019
Syria’s state-owned insurance company continues to hold an overwhelming share of the market.
06-03-2019
The Syrian stock exchange’s main index gained 2.26 percent last month amid low trading volumes and as interest in the Syriatel stock seems to have quickly faded.
27-02-2019
The relatively stable situation in most of Syria has reflected positively on the performance of Syrian banks, which have broadly reported an improvement in their financial results last year.
27-02-2019
The Central Bank of Syria has raised SYP 130.8 billion, USD 244.5 million at the current market exchange rate, for its first issue of certificates of deposit.
06-02-2019
In a month marked by the listing of Syriatel, almost all stocks that were traded in relatively important volumes in the Damascus Securities Exchange fell.
06-02-2019
The Central Bank of Syria has announced that it will issue certificates of deposits later this month for the first time in its history, as the government seeks to raise funds to pay for its expenses.
05-02-2019
The Syrian pound is resuming its downward slide and has already lost some six percent of its value relative to the dollar since the beginning of the year.
30-01-2019
European sanctions inflicted last week on several Syrian investors and companies are disrupting more than expected their business activity.
29-01-2019
Syria’s state banks have improved the recovery rate of their bad debts, but loans worth billions of dollars will never be paid back.
22-01-2019
Samer Foz has bought an additional stake in Syria’s Islamic lender of which he has become the second largest shareholder.
15-01-2019
Qatar National Bank Syria has announced the resignation of its CEO, the third such executive to resign from Syria’s top private banks in the past six months.
14-01-2019
Official data indicate a significant increase in the receipts generated by the customs department, which represents one of the government’s main sources of revenues.

Events

TechnoBuild 2020
Damascus International Fairground
Syrian International Microfinance & Banking Exhibition 2015
Dama Rose Damascus Hotel