Hamidiyeh (12)


The Syrian Investment Authority's annual report for 2019 includes an investment map that lists projects offered for investment in multiple business sectors and geographic locations.


The government has increased its income from properties rented to the private sector by almost 50 percent this year, confirming the sector’s potential to generate revenues.


The potential award of one of Damascus’ prime real estate plots to one of the most prominent business figures to have emerged from the war highlights the importance some new business figures have taken.


As battles recede in most of western Syria, the country’s warlords appear to be integrating increasingly into the formal economy.


While the Syrian government continues to boast of its success in covering basic expenses, including civil servants’ salaries, in practice it is mortgaging the country’s long-term economic prospects.


The award by the government of a prime investment location in Damascus has brought forward a new figure in the Syrian business community.


The Syrian Government’s drive to collect more revenues from its real estate properties has started to generate some results, government officials have said, as another source of revenues being considered is an increase in taxation on properties.


Following popular and political pressures, the Syrian authorities have been forced to reopen the Bakdash ice-cream store, only days after its “final” closure.


The closure of one of the oldest shops in the traditional Hamidiyeh Souk in Damascus has highlighted the widespread suspicions generated by government decisions in the economic field.


A fire that devastated dozens of shops in the Old City of Damascus has raised suspicions of a regime implication.


The Governorate of Damascus has allocated 13 new locations for stall vendors in a bid to push them out of the city centre.


General Trading