Lebanon (1682)

12-02-2020

In a very rare statement denouncing the recent legal proceedings against him, Rami Makhlouf has provided several interesting insights into his personal situation, indicating that he intends to remain active in the business scene.

12-02-2020

Despite reports that Conviasa, also known as Venezuelan Airlines, will start flying to Damascus next month, the Syrian government is still struggling to draw international airlines back to the country.

12-02-2020
29-01-2020

The Syrian Grain Establishment has cancelled two tenders for a total of 350,000 tons of soft milling wheat, an indication that it is facing payment difficulties.

28-01-2020
22-01-2020
15-01-2020

The Caesar sanctions bill that was signed into law late last year by the U.S. President will have significant medium and long-term consequences on the Syrian economy, but its shorter-term impact will be less meaningful.

15-01-2020

The Syrian Investment Agency has issued a licence for a new car assembly plant, while an Iranian-owned venture in the industry has reportedly suspended production.

15-01-2020

The value of the dollar in the Syrian foreign exchange market crossed the highly symbolic level of 1,000 pounds this week and is unlikely to retreat any time soon.

08-01-2020
08-01-2020

The Syrian government has taken two decisions to facilitate transport with Iraq and Jordan and boost trade with these two countries as well as with the Gulf.

08-01-2020

The government has frozen the assets of Rami Makhlouf, a step that appears to follow previous restrictions on the once-powerful businessman, but which could still be reversed.

18-12-2019
The full transcript of the interview of Bashar Al-Assad by Phoenix Television on December 16, 2019.

18-12-2019

The government has frozen the assets of two businessmen affiliated with Cham Wings over claims that they owe millions of dollars in unpaid bills.

18-12-2019

The Syrian government has issued a new tender for purchasing Russian wheat, as the two countries seek to expand their ties in the grains sector.

18-12-2019

Software development; hardware products and services; maintenance and trade of parts and accessories; technical support

11-12-2019

The full transcript of the interview of Bashar Al-Assad by Italian TV channel Rai News 24 on December 09, 2019.

The transcript is by state news agency, SANA.

11-12-2019

For the second time in less than two months, the Syrian government has acted against Tarif Al-Akhras, one of the country’s most powerful businessmen, although his success in reversing some earlier decisions points to his continued influence.

04-12-2019

There was panic in the Syrian foreign exchange market this week as the dollar climbed to nearly 1,000 pounds before retreating slightly.

04-12-2019
The full transcript of the interview of Bashar Al-Assad by French Paris Match magazine on November 28, 2019.

04-12-2019

Building materials trading; electronics and foodstuff trading; contracting

27-11-2019

The Ministry of Finance has frozen the assets and bank accounts of MTN-Syria and of several of its board members, a decision that signals that it wants to put pressure on one of the country’s largest companies.

27-11-2019

The Syrian government has significantly increased the salaries of civil servants, a move that will provide welcome short-term relief, but will also accelerate inflation and the depreciation of the currency.

20-11-2019

Tower cranes and elevators trading and maintenance; building materials trading; contracting

20-11-2019

A Syrian state entity has announced that it will begin bartering phosphates for equipment and repair services as it finds itself incapable of paying foreign suppliers.

20-11-2019

Building materials trading; electronics trading; foodstuffs; clothing; contracting and rubble-clearance

20-11-2019
The full transcript of the interview of Bashar Al-Assad by Russia 24 and Rossiya Sevodnya.

13-11-2019

The dollar has crossed the 700-pound level in the Syrian foreign exchange market for the first time on record.

13-11-2019

Syria’s wheat purchasing body has cancelled a wheat import tender as the government cited difficulties paying importers.

13-11-2019

The Syrian government has announced that it is generating money from property it owns in Lebanon and is seeking to retake possession of land it has owned in Jordan and Saudi Arabia since the time of the Ottoman Empire.

13-11-2019

The full transcript of the interview of Bashar Al-Assad by Russian TV network, RT.

13-11-2019

General trading; contracting

13-11-2019

Trading in electronic products; IT services; contracting

06-11-2019

The text of the interview of Bashar Al-Assad by Syrian state TV on October 31, 2019.

30-10-2019

Production of pharmaceuticals

30-10-2019

Export-import; contracting

30-10-2019

The US dollar has gained almost 5 percent in the space of a month in the Syrian foreign exchange market, a confirmation that the latest plan by the authorities to prop up their currency has failed.