Lebanon (1666)

08-07-2020

The Brussels conference on humanitarian aid to Syria managed to generate pledges of EUR 4.9 billion from donor countries, falling below both the funding needs of around EUR 7.7 billion and last year’s pledges of EUR 6.1 billion. The United States was the only large donor to pledge a higher amount this year.

08-07-2020

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

08-07-2020

Animal feed trading; export-import; contracting

01-07-2020

The Syrian government has continued its campaign against Rami Makhlouf, effectively ending the operations of two more of his best-known business ventures, including his oldest and most recent ones, within a couple of days.

01-07-2020

Medical equipment trading; contracting

24-06-2020

The table below lists 68 companies known to be affiliated with Rami Makhlouf.

24-06-2020

The Syrian government has once again devalued its currency and reduced the number of imported items it will finance, risking an acceleration of inflation, particularly for food products.

24-06-2020

Demolition and rubble removal; road rehabilitation; contracting

24-06-2020

Insurance brokerage services

17-06-2020

The management of Syriatel has effectively shifted to the Syrian government after a Syrian court granted judicial custody of the company to a state entity.

17-06-2020

Updated on June 18, 2020: The entry into force today of the Caesar Act expands sanctions on Syria and will increase challenges for the regime and the economy alike. The U.S. administration has also expanded its list of Syrians under sanctions.

17-06-2020

The Caesar Act has hardly been implemented before starting to make its impact felt in Syria: the withdrawal of a Lebanese company from the market has suspended the ATM networks of most private banks operating in the country.

17-06-2020

Foodstuffs trading; contracting; export-import

17-06-2020

Cement block industrial plant; contracting

10-06-2020

Updated on June 17, 2020: The number of people who tested positive with the Coronavirus in Syria climbed by 23 last week to 146, up from 123 a week ago, while the number of recoveries increased to 62 from 50 and the number of deaths remained unchanged at six.

10-06-2020

The Syrian currency collapsed last week, crossing both the 2,000 and 3,000 pound-per-dollar thresholds within a few days and creating panic in the market. The consequences on living conditions in Syria will be dramatic.

08-06-2020

This article is an updated and expanded factsheet on the economic and business relations between Syria and Iran as of June 2020.

03-06-2020

An interview with Rabie Nasser, one of the authors of a recent report on the impact of the conflict on Syria’s economy and society.

03-06-2020

Training services

27-05-2020

Paper and plastic plates manufacturing; contracting

27-05-2020

General investments; building materials trading; contracting

20-05-2020

Insurance premiums in Syria increased last year despite remaining only a fraction of their pre-2011 level in real terms.

20-05-2020

Constructing and managing parking lots

13-05-2020

The Syrian government has announced that it will allocate the equivalent of 11 percent of its budget to purchase the local wheat harvest.

13-05-2020

Medical equipment trading; contracting

11-05-2020

The rise of Rami Makhlouf as Syria’s most prominent businessman coincided with the ascent to power of Bashar Al-Assad in 2000. Given his long history of influence within the ruling elite, Mr Makhlouf’s recent side-lining raises many questions about the potential implications of his fall from grace.

06-05-2020

The Central Bank of Syria has increased interest rates on US dollar and euro time deposits to attract more foreign currency into the banking sector.

06-05-2020

Two extraordinary videos posted by Rami Makhlouf on his personal Facebook page have laid bare the divisions at the heart of the Syrian regime and posed a challenge for Bashar Al-Assad within the Alawite community. The Syrian president has been forced into a quick public defence of one of his most contested measures.

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.

06-05-2020

For the second time in just a month, a drug shipment originating from Syria and packaged under the name of a well-known local brand has been seized, this time in Saudi Arabia.

06-05-2020

Furniture trading; general investments; contracting

06-05-2020

Foodstuffs; clothing and footwear; contracting

29-04-2020

The past few weeks have seen renewed challenges on Rami Makhlouf’s position within the Syrian regime: a shipment from one of his companies was seized in Egypt because it contained drugs; his personal assets and those of one his companies were frozen; and the government is claiming at least one hundred billion pounds from Syriatel.

29-04-2020

Engineering consulting work and studies; contracting; export-import

29-04-2020

Paint manufacturing plant; building materials trading; contracting

27-04-2020

This article is an updated and expanded factsheet on the economic and business relations between Syria and Russia as of April 2020.

22-04-2020

Agricultural equipment trading; medical equipment trading; contracting

22-04-2020

Olive oil plant investment; production line equipment trading; contracting

22-04-2020

The past week saw a modest uptick in Syria's confirmed Covid-19 cases, but the apparently slow infection rate has allowed the government to start reopening some shops and official agencies.