Al-Boukamal (20)


An Iranian religious delegation inspected a handful of sites in Deir-ez-Zor city and the nearby countryside in January, shortly before construction work began on the sites with no apparent notice given to the owners.


Syrian exports to Iraq are struggling to take off more than a year after the reopening of the main border crossing between the two countries.


The total volume of Syria’s foreign trade edged down two percent last year, while its trade deficit remained substantial, according to international trade data.


The government is set to award Iran a contract to explore for oil and gas on the Iraqi border to repay its debts to Tehran.


The Syrian government has taken two decisions to facilitate transport with Iraq and Jordan and boost trade with these two countries as well as with the Gulf.


Syria’s foreign trade deficit increased again in 2018, initial data indicate.


Syria and Iraq have officially reopened a joint border crossing for the first time since 2014, opening the way for a significant increase in Syrian exports.


The reopening of a border crossing with Iraq is likely to be delayed again despite an acceleration of the preparations by the Syrian government.


The Central Bank of Iraq has frozen the assets of Syria’s two main airlines, potentially compromising a normalization of the economic and trade ties between the two countries.


A delegation of 50 Syrian investors led by Mohammad Hamsho participated last week in Tehran in a bilateral economic forum.


The advance of regime forces in the eastern region of Syria has enabled the government to take control of wheat stocks and increase the volumes procured locally.


Last week saw the addition of several individuals and entities based in Syria by the United Nations and the United States.


The first week of Ramadan proved to be a violent one, as over the course of the last seven days, more than 250 civilians were reportedly killed in military crackdowns across the country.


The momentum of the Syrian uprising continues to grow as protestors on Friday July 29 again exceeded 1 million across the country. The death toll from the day remains unclear, with most estimates suggesting some 23 were killed. The start of the week ushered in a new political parties law as well as a draft law on elections. Nevertheless, tensions are mounting as Monday August 1 brings the start of Ramadan, during which daily mass protests are expected.


The Deir-ez-Zor Chamber of Commerce and Industry has blamed the government’s security services for the “unjustified use of arms and the brutal crackdown on protesters” in one of many signs of growing unease in the business community over the mishandling by the authorities of the revolt gripping the country.


The European Investment Bank is providing a loan of EUR 275 million to finance the extension of a power station at Deir Ali, south of Damascus.

The closure of the American school in Damascus has created a major problem for many expatriates and foreign business executives based in the Syrian capital.

Deposits at the Commercial Bank of Syria fell 11.5 percent in the 11 months ending November 2006

Syria’s control of its border with Iraq has come under renewed scrutiny following a week of intense battles between US troops and insurgents based in Qaim, a city just a mile from Syria which US commanders believe to be a stronghold for militants hostile to the American occupation of Iraq.

The Syrian Ministry of Transport (MOT) has asked developers to submit offers to build road projects on a BOT (Build Operate Transfer) basis for the first time in Syria.