Finance

01-12-2003
Iraq is claiming that up to USD 3 billion of Iraqi assets are currently in Syrian banks and wants Syria to turn them back.
01-12-2003
The Minister of Finance issued a decision on 4 December confirming the main items of the Banking Secrecy Law (Law N°29 dated 16 April 2001).
01-11-2003
Syria's three private banks conducted this month their public subscription offer for the remaining balance of their capital.
01-11-2003
Diners Club, the global credit cards issuer is set to follow in the steps of its world rivals, MasterCard and Visa and issue debit and credit cards in Syria.
01-11-2003
The International Finance Corporation (IFC) is finalising a deal to provide a credit line to Syria's banking sector, to be used for the financing of the investment needs of Syria's small and medium enterprises (SMEs).
01-11-2003
The supervising authority over the Central Bank of Syria has been transferred to the Prime Minister, following a decision issued by him.
01-11-2003
Interview with Ali Kanaan, Director General of the Industrial Bank on the challenges facing the public banking sector and the competition from private banks.
01-10-2003
The European Investment Bank (EIB) is providing Syria's private sector with a credit facility of EUR 40 million.
01-10-2003
The law improves the legal framework of the banking system. A new authority affiliated to the Central Bank is created.
01-10-2003
According to Ibrahim al-Touq, Chairman of the Board of the Banque Saudi Fransi (BSF), the joint BEMO-BSF bank in Syria will start operating before the end of the current year.
01-10-2003
A training institute is set up while academic cooperation agreements are signed with a number of foreign institutions.
01-10-2003
France’s Bordeaux University is launching a Masters Degree programme in Banking and Finance in cooperation with Damascus University. Interview with , in charge of the Masters at Bordeaux University.
01-08-2003
The latest measure on foreign exchange is meant to simplify operations for exporters, reduce fake export operations and strengthen the national currency.
01-08-2003
Three loans are signed by Syria with all of AFESD, Germany and Spain to provide a total of USD 144.5 million in credits at preferential conditions.
01-08-2003
The new financial institutions could open as soon as the end of the current year. However, there is no yet unanimity on its usefulness.

Events

SME Support Fund
Damascus Chamber of Commerce
ATB
Damascus International Fairground