Kuwait (617)

16-09-2020

Syria's citrus fruit production, which represents an important source of economic activity and employment in the coastal area, is set to decline to its lowest level in at least five years.

09-09-2020

UPDATED on September 09, 2020: A Kuwaiti-listed company is divesting from a leading Syrian bank, reportedly to the benefit of the rising Ibrahim family.

09-09-2020

The global scandal of the Malaysian state investment fund, also known as 1Malaysia Development Bhd, or 1MDB, has had ramifications for the Syrian business community as well.

02-09-2020

A flight transporting a relatively large shipment of medical aid from the United Arab Emirates landed in Damascus on August 30. It was the first such delivery by the UAE since the beginning of the pandemic and occurred just days after it normalised its relations with Israel.

26-08-2020

The Syrian government has reportedly awarded Ihab Makhlouf the contract to manage seven duty-free markets on the country’s border areas just a few weeks after cancelling a similar contract with his brother Rami, according to local and regional media outlets.

05-08-2020

Export-import; contracting

08-07-2020

As the flows of the Euphrates River decline, water levels at the Bassel Al-Assad Dam on the Khabour River have enabled the irrigation of large areas for the first time in two decades. When it was initiated, the dam was supposed to be among the most important in the Middle East.

08-07-2020

The text of decleration by the the co-chairs of the Brussels IV Conference held on June 30, 2020.

01-07-2020

The table below lists the projects funded by the Kuwait Fund for Arab Economic Development.

The table includes both loans and grants and are divided by sector of activity.

17-06-2020

The two tables below list the Iranian companies involved in Syria.

27-05-2020

The Syrian government has lifted a major portion of the movement restrictions it imposed at the beginning of the Covid-19 pandemic despite a doubling in the number of positive cases.

13-05-2020

The Syrian government said this week that it will start disbursing money to some 20,000 unemployed people, its first financial aid programme since the spread of the Coronavirus in Syria.

06-05-2020

Delays in the Marota City project are generating increasing criticism, including from a prominent Iran-linked investor who believes the project may eventually die.

06-05-2020

On March 04, Syrian President Bashar Al-Assad headed for the first time a meeting of the task force formed to confront the Coronavirus.

14-04-2020

In this 4,400-word factsheet, we provide a profile of the main businesses and economic institutions affiliated with the Syrian Ministry of Defence.

08-04-2020

The Kuwaiti bourse blocked trading on shares of Marakez following a decision by that company to divest from a large project in the Syrian coastal area. Meanwhile, confusion also surrounds another large resort near Tartous.

25-03-2020

Updated on March 31, 2020: Syria reported its first cases of Coronavirus and accelerated preparations to limit the spread of the pandemic and mitigate its economic, social and health impacts, as the dollar gained almost 20 percent in the black market.

25-03-2020

The Japanese government is providing a new grant to a fund dedicated to development projects in areas of Syria outside government control.

18-03-2020

The tables below provide a list of Syria's main trading partners last year with the value of their exports to, and import from, Syria.

18-03-2020

The Syrian government has started imposing the first restrictive measures on public life as the potential spread of the Coronavirus threatens to have a devastating effect on the population and the economy.

04-03-2020

The two indices of the Damascus Securities Exchange made significant gains last month after the country’s two largest banks posted positive performances in 2019.

29-01-2020

In this 2,700-word factsheet we provide a profile of Damascus Cham Holding, one of the largest Syrian companies that is at the heart of the controversial Marota project.

29-01-2020

A Kuwaiti company is considering selling its stake in a large tourism project located on Syria’s coast.

18-12-2019

Two European countries have committed new funds for projects in northeast Syria through an opposition-affiliated fund.

11-12-2019

In this factsheet, we look at Syria’s economic relations with the United Arab Emirates.

11-12-2019

The government approved on November 27 the construction of what it calls an eco-garden and tourism project on one of the largest empty plots of land in Damascus, an initiative that will lead to the expulsion of several dozen families.

23-10-2019

These tables list the companies that have been licensed by Syria's real estate commission.

23-10-2019

The tables below provide a list of Syria's main trading partners last year with the value of their exports to, and import from, Syria.

23-10-2019

The tables below provide a list of Syria's main trading partners last year with the value of their exports to, and import from, Syria.

09-10-2019

General trading; contracting

09-10-2019

The Central Bank of Syria has ordered a freeze on the bank accounts of Tarif Al-Akhras, one of the country’s most powerful businessmen and a relative of Asma Al-Assad, as well as on those of several other prominent businessmen, a move that seems to confirm the government’s increasing pressures on the business community.

09-10-2019

Management and upgrade of manufacturing companies; trading of electrical products and machines

25-09-2019

The following tables provide a breakdown by country of Syria's exports between 2006 and 2011.

25-09-2019

The following tables provide a breakdown by country of Syria's imports between 2006 and 2011.

04-09-2019

General trading; export-import; contracting

28-08-2019

General trading; contracting

24-07-2019

This table lists all Syrian public joint-stock companies active as of July 2019 with the value of their capital (in million SYP).

19-06-2019

Four Seasons, the company that managed the most luxurious hotel property in Damascus and a symbol of the liberalisation of the Syrian economy under Bashar Al-Assad, has announced that it was leaving the country.

12-06-2019

Al-Badia Cement has received a preliminary approval to list its shares on the Damascus Securities Exchange.

20-03-2019

The annual Brussels conference on aid to Syria ended last week with a significant increase in amounts pledged by various countries.

20-03-2019

One of Syria’s most prominent new business cronies has been arrested in Kuwait on charges of money laundering.

20-03-2019
The text of the declaration by the co-chairs of the Brussels III Conference held on March 12-14, 2019.

20-03-2019

The table below lists the financial pledges made for 2019 and beyond by the countries that participated in the Brussels meeting on March 12-14, 2019 (Supporting the Future of Syria and the Region - Brussels III Conference).

20-03-2019

This table lists the participants at the Brussels meeting on March 12-14, 2019 (Supporting the Future of Syria and the Region - Brussels III Conference).

19-03-2019

The Lattakia Airport is planning to launch again commercial flights after a suspension of six months.

23-01-2019

Three Gulf airlines are planning for a potential resumption of their flights to Damascus and would add to the three only international companies still flying to the Syrian capital. Here is a status of the airlines flying, and planning to fly, to and from Damascus.