Reports on the global and local economy include markets, investments, and major projects.
Kremlin foreign policy chief Yuri Ushakov announced on Friday that the Russian company Gazprom will sign an "important" agreement with the China National Petroleum Corporation (CNPC) next week during President Vladimir Putin's visit to China, as part of enhancing energy cooperation between the two countries.
Today, Friday, the city of Idlib witnessed the opening of a new branch of Bemo Saudi French Bank, attended by the head of the Idlib bloc, Mahmoud Ramadan, and the bank's CEO, Andre Lahoud, in a move aimed at enhancing banking services and revitalizing the economic activity in the region.
The Syrian Civil Aviation Authority welcomed today, Friday, the decision of the U.S. Department of Commerce to ease restrictions on exporting civilian products to Syria, considering that this step opens the door for the arrival of modern technology and spare parts necessary for the development of the aviation sector.
Oil prices witnessed a decline on Friday, August 29, at the end of a week that was heading towards a closing on a high note, amidst a state of uncertainty surrounding demand levels in the United States and the ongoing developments in the Russian supply scene.
The French Interior Minister warns of the seriousness of the financial situation his country is experiencing, emphasizing that France "has never been this close to the edge of a financial abyss."
Official data released by the Saudi Central Bank today, Thursday, showed a decline in net foreign assets by $13.3 billion during the month of July, compared to the levels of June.
Today, Thursday, the Bab al-Hawa border crossing witnessed the passage of the first transit convoy between Syria and Turkey, in an event considered a turning point in the economic relations between the two countries, after a break of more than a decade and a half.
In a step that reflects the development of economic relations between Syria and Turkey, the two sides signed a new customs cooperation agreement today, Wednesday, aimed at facilitating trade and land transport, and activating transit passage around the clock through the Bab al-Hawa and Salama crossings, which are among the most prominent border crossings between the two countries.
Syrian Minister of Culture Mohammad Yassin Saleh confirmed through a post on the "X" platform today, Wednesday, that the Damascus International Fair has not been just an economic or commercial event since its inception in the 1950s, but has transformed into a unifying national symbol that reflects the convergence of history with the present and embodies the cultural and humanitarian spirit of Syria.
The 62nd session of the Damascus International Fair kicks off this evening at the exhibition grounds in the countryside of Damascus, with wide participation from around 800 local and international companies, amid a prominent official and economic presence, led by the Kingdom of Saudi Arabia, which participates as a guest of honor in this session, in a step that reflects the development of bilateral relations and economic openness between the two countries.
Sweden will lift the ban on uranium mining starting from January 2026, to reduce its dependence on energy imports and utilize its national reserves.
Vitol company begins shipping the first batch of Syrian crude oil after lifting sanctions.