The Syrian economy

Economic news in Syria including currency, investments, and general financial conditions.

The Minister of Economy discusses with the European Union ways to improve the economic situation in Syria.

21 05 2025

The Minister of Economy discusses with the European Union ways to improve the economic situation in Syria.

Syrian Minister of Economy and Industry, Dr. Mohammad Nidal Al-Shaar, discussed on Wednesday with the Director-General of the Middle East and North Africa and Gulf Directorate at the European Commission, Stefano Signore, ways to improve the economic and investment situation in Syria, especially after its return to the international financial transfers program, which facilitates capital movement and investment project financing.

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Strategic agreements between Jordan and Syria aimed at enhancing cooperation and achieving economic integration that serves both countries.

Mahmoud Khalaf

21 05 2025

Strategic agreements between Jordan and Syria aimed at enhancing cooperation and achieving economic integration that serves both countries.

The Jordan Chamber of Commerce confirmed on Wednesday that the agreements reached with Syria represent a strategic step towards enhancing bilateral cooperation and opening promising horizons for economic integration that serve the interests of both sisterly countries.

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France confirms its full support for the historic decision to lift the European economic sanctions on Syria.

Mahmoud Khalaf

21 05 2025

France confirms its full support for the historic decision to lift the European economic sanctions on Syria.

The French Ministry of Foreign Affairs announced today, Wednesday, Paris's full support for the historic decision to lift European economic sanctions on Syria, which represents the implementation of commitments towards the Syrian government to support the country's economic reconstruction.

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US State Department Spokesperson: President Donald Trump will issue executive orders to lift sanctions on Syria.

Mahmoud Khalaf

19 05 2025

US State Department Spokesperson: President Donald Trump will issue executive orders to lift sanctions on Syria.

The spokesperson for the US Department of State, Michael Mitchell, announced that President Donald Trump will issue executive orders to lift sanctions on Syria after completing necessary legal procedures.

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The American-Turkish Working Group will discuss tomorrow the mechanism for lifting sanctions on Syria.

Mahmoud Khalaf

19 05 2025

The American-Turkish Working Group will discuss tomorrow the mechanism for lifting sanctions on Syria.

The American-Turkish working group is discussing in a meeting hosted in Washington tomorrow the mechanism for lifting American sanctions on Syria, in addition to ensuring security, stability, preserving its territorial integrity and safety, and other issues.

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Jordan and Syria agree to establish a higher coordination council to enhance mutual cooperation.

Diana Barakat

19 05 2025

Jordan and Syria agree to establish a higher coordination council to enhance mutual cooperation.

The Jordanian Cabinet approved on Sunday, May 18, the general framework for establishing a higher coordination council between Jordan and Syria, to be chaired by the foreign ministers of both countries, with the aim of setting a common agenda and enhancing cooperation.

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President Ahmed Al-Shar'a discusses the new investment law to enhance the Syrian economy.

Nagham Bilal

19 05 2025

President Ahmed Al-Shar'a discusses the new investment law to enhance the Syrian economy.

In a step reflecting a direction towards broad economic openness, President Ahmed Al-Shar'a chaired a high-level meeting to discuss updating the investment law, paving the way for a new phase of development and attracting investments in Syria.

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The Syrian Central Bank confirms the completion of printing quantities of banknotes in cooperation with a Russian company it had previously contracted with.

Mahmoud Khalaf

18 05 2025

The Syrian Central Bank confirms the completion of printing quantities of banknotes in cooperation with a Russian company it had previously contracted with.

The Central Bank of Syria has confirmed the completion of printing quantities of banknotes in cooperation with a Russian company with which it has a prior contract, according to approved standards, denying the circulating rumors about changing the national currency or introducing a completely new issuance, clarifying that the matter is still under study.

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A ship loaded with tourist cars arrives at the port of Tartous coming from South Korea.

Mahmoud Khalaf

18 05 2025

A ship loaded with tourist cars arrives at the port of Tartous coming from South Korea.

Today, Sunday, a ship carrying 1834 various tourist cars from South Korea arrived at the port of Tartous, the second one in recent times.

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Resumption of maritime transport trips between Mersin and Tartous: A new beginning for commercial cooperation.

Nagham Bilal

17 05 2025

Resumption of maritime transport trips between Mersin and Tartous: A new beginning for commercial cooperation.

After more than a decade, sea trips between Mersin and Tartus have resumed, opening the door to promising trade cooperation between Turkey and Syria.

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Homeland: A Jordanian industrial delegation will arrive in Damascus tomorrow to discuss trade exchange.

Mahmoud Khalaf

17 05 2025

Homeland: A Jordanian industrial delegation will arrive in Damascus tomorrow to discuss trade exchange.

The Syrian newspaper "Al-Watan" reported today, Saturday, that a Jordanian industrial delegation will arrive in Damascus tomorrow to discuss trade exchange.

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Lifting economic sanctions on Syria revitalizes the insurance sector and opens up new investment opportunities.

Diana Barakat

17 05 2025

Lifting economic sanctions on Syria revitalizes the insurance sector and opens up new investment opportunities.

The insurance regulatory authority announced that lifting economic sanctions on Syria represents a significant turning point for the insurance sector after years of isolation from global financial markets.

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