Islamic State (359)

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.

28-08-2018

Production has restarted at a relatively important oil field with an American military base in the Deir-ez-Zor area.

12-07-2018

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

03-07-2018

Cement manufacturer Lafarge was charged last week by a French court with complicity in crimes against humanity, financing terrorists and endangering people’s lives, for allegedly paying millions to takfiri groups, including the Islamic State, to keep its factory in Syria open.

26-06-2018

The governor of the Gaziantep province has announced a new measure to encourage trade relations with northern Syria.

12-06-2018

Reports on an oil deal between the regime and the PYD have highlighted the continuing prominence of a new Syrian business figure.

04-06-2018

The main index of the Syrian stock exchange fell for the third month in a row and for the fourth time in five months since the beginning of the year, highlighting investors’ lack of confidence over the economy.

15-05-2018

While Syria’s electricity production increased last year, it remained well below its pre-2011 levels.

15-05-2018

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

19-04-2018

In this 2,300-word factsheet we provide a profile of Samer Foz, who in the space of the past two years has risen to become Syria’s most powerful investor.

27-03-2018

The Raqqa Civil Council has announced a set of new projects to improve living conditions and economic activity in the northeast.

19-03-2018

Two new wells started production north of Damascus last week adding capacity to Syria’s gas production.

13-03-2018

Syria has established a EUR 80 million joint venture with unidentified private sector investors to develop asphalt deposits near Deir-ez-Zor.

27-02-2018

The text of U.N. Security Council resolution 2401 (2018) adopted on February 24, 2018 caling on a cessation of hostilities in Syria.

The text of the resolution reads as follows:

         The Security Council,

20-02-2018

The bank accounts of the World Chess Federation have been closed over sanctions imposed on its president for dealing with the Syrian government.

06-02-2018

Syria has signed a “roadmap agreement” with Russia to build some 2,650 MW of new power plants and turbines, despite the fact that there is no money to pay for these projects, which are worth more than EUR 2 billion.

06-02-2018

Syria’s two main ports of Tartous and Lattakia witnessed increased activity in 2017 on the back of growing imports.

30-01-2018

Syria’s oil and gas production increased noticeably this year, but output still remains very low and is unlikely to increase by much in the near future.

09-01-2018

The Raqqa Civil Council has announced several new economic initiatives as it strives to restore normal life in the city.

08-01-2018

The text of U.N. Security Council resolution 2393 (2017) adopted on December 19, 2017, renewing for twelve months the authorization granted on July 2014 to the United Nations and its partners to deliver aid across borders not controlled by the Syrian Government.

02-01-2018

Recent statements by American officials but also reports from Raqqa suggest that the United States is considering getting involved in some form of reconstruction in Syria’s northeastern region.