Imad Khamis (79)

20-11-2019

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.

18-09-2019

The Central Bank of Syria has issued a circular to local banks asking them to restrict credit facilities they grant to importers, an additional sign of the pressures faced by the economy.

11-09-2019

A joint report by the FAO and the World Food Program has highlighted the performance of the Syrian agricultural sector this year, which includes a doubling of the wheat crop and a stabilization in some sub-sectors thanks to the improvement of the security situation.

07-08-2019

The Syrian government has held in Damascus on August 3 a conference on the housing sector with the aim, among others, to develop its National Housing Strategy.

06-08-2019

Syria’s production of oil and gas has been largely stable in the past months.

16-07-2019

While Syria’s tobacco crop this season has been the best in years, two of the country’s other historically strategic crops fare much worse, including one that is on the verge of extinction.

10-07-2019
03-07-2019

The first private sector photovoltaic solar power plant has started producing in the Industrial City of Hessia (ICH) and has been connected to the national electricity grid, a government official has said.

29-05-2019

The government has merged two state-owned engineering firms with the objective of creating a large company that could take charge of reconstruction projects when they happen.

22-05-2019

The government has announced a new plan to rehabilitate the Barada valley area with the aim of securing water supplies to the Syrian capital and attracting investment in the real estate sector.

22-05-2019

After taking control of the phosphate mines and the port of Tartous, Russia is now eyeing the Damascus International Airport.

15-05-2019

Oil shortages in Syria have eased somewhat as the government receives a shipment from Iran and seeks alternative solutions.

07-05-2019

Syria and Iran held on May 1st the sixth edition of a joint business forum as Tehran seeks to capitalize on its support to the regime to gain more benefits for its companies.

17-04-2019

The Ministry of Petroleum and Mineral Resources has decided to reduce further the petrol it is allocating to individual car owners as shortages harden across Syria resulting in increased pressure on the currency.

10-04-2019

As energy shortages get more acute the Syrian government has announced plans for a more severe rationing of petrol and blamed Egypt for preventing Iranian oil supplies through the Suez Canal.

13-02-2019

The Syrian government assessed last week the progress of the working group tasked with producing a reconstruction programme for Syria.

05-02-2019

Syria and Iran signed last week in Damascus a string of new economic agreements, although very little details have emerged, casting doubts about their significance.

26-11-2018

The list of cabinet members following the reshuffle of November 26, 2018.

30-10-2018

The visit last week to the east of the country by Syrian PM Imad Khamis was mostly about reaffirming the presence of the state in a very contested part of the country.

09-10-2018

Syria’s PM, Imad Khamis, visited last week the two coastal provinces of Tartous and Lattakia where he inaugurated a host of projects including the first government project or building to be named after Bashar Al-Assad.

18-09-2018

Syria’s foreign trade deficit increased again in 2017, initial data indicate.

04-09-2018

In a public meeting, the Syrian Prime Minister gave a bleak assessment of the impact of the war on the country’s foreign currency reserves and economic assets.

12-07-2018

In this 2,600-word factsheet we look at China’s economic interests in Syria.

03-07-2018

The Syrian government is trying to lure back Syrian investors based in Egypt, a year after a similar attempt largely failed.

22-05-2018

The Syrian government has allocated money to buy only around half of this year’s very small wheat harvest.

01-05-2018

Syria’s foreign trade deficit remained mostly stable last year, official statements suggest.

24-04-2018

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.

03-04-2018

The fall of Eastern Ghouta to the Syrian regime, which is likely to be concluded in the next days or weeks, will have several economic consequences.

02-01-2018

The list of cabinet members following the reshuffle of January 1, 2018.

Three new ministers were appointed at the defence, industry, and information portfolios.

19-12-2017

At the beginning of this month the government made public for the first time some information on its efforts to devise a long-term strategy for post-war Syria.

24-10-2017

A visit by the Syrian Prime Minister to the coastal area has highlighted the limited capacity of the government to meet the expectations of the population.

03-10-2017

Last week, the Government’s reconstruction committee met to discuss for the first time the devising of a broad reconstruction strategy although questions over finance and strategy remain unanswered.

03-10-2017

Russia is reportedly willing to provide finance for some of Syria’s large electricity projects, in what would be the first case of important direct funding by Moscow in many years.

19-09-2017

The Syrian Prime Minister has criticized his predecessor for spending 14 billion dollars of foreign currency reserves, while announcing the doubling of a tax dedicated to finance reconstruction.

25-07-2017

The Syrian government announced last week the allocation of billions of pounds to the Homs province almost exclusively dedicated to communities supportive of the regime and areas inhabited by religious minorities.

02-05-2017

In this 2,500-word factsheet, we provide an overview of Syria’s economic and financial relations with Russia.

18-04-2017

A large governmental delegation has spent several days in the Tartous governorate last week promising billions of pounds in development projects.

04-04-2017

The list of cabinet members following the reshuffle of March 29, 2017.

04-04-2017

The Syrian government has raised markedly the price of gas oil sold to all commercial concerns and announced a doubling of its oil import deals.

27-02-2017

The Syrian government, which is largely isolated from western countries, continues to try to build economic ties with other countries, although, six years after the beginning of the uprising, the impact of these efforts is hardly successful.

14-02-2017

Oil supplies are resuming across Syria after weeks of severe shortages, although the economic and political consequences will likely be felt for a long time.

07-02-2017

The suspension of Iranian supplies of oil products is forcing the Syrian government to import large volumes from other countries and to open import trade to the private sector as severe shortages impact most of the country.

07-02-2017

China is providing a grant to the Syrian government, the first such known deal since the beginning of the uprising.

31-01-2017

Syria’s Prime Minister has said that no country other than Iran has provided any help to his country.

24-01-2017

Iran has granted a new credit facility to Syria, although its amount is well below the expectations of the Syrian authorities.

24-01-2017

Syria remained largely dependent on Iran for its oil imports last year, a statement by a government official indicates.

17-01-2017

The signing today of several economic agreements in Tehran has confirmed the heavy price Syria is paying for the support of Iran to the Syrian regime, including the transfer of phosphate mines and a maritime port to Iranian companies in addition to the control by the Revolutionary Guards of a Syrian mobile phone license.

10-01-2017

An important Iraqi business delegation was in Damascus this week to bolster bilateral ties which are hindered by the lack of a land border crossing and obstacles to banking transactions.

15-08-2016

Syrianair, the state-owned carrier, has rented a 20-year old Airbus plane from Iran’s Mahan Air to increase the size of its fleet that had fallen to a single aircraft.

19-07-2016

The Ministry of Petroleum has announced the inauguration of a new gas well as it keeps investing in the oil and gas fields under its control in order to reduce the shortages of energy supplies in the market.