The Syrian economy

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

Deputy Governor of Daraa: The Development Fund is the First Seed for Rebuilding the Governorate

The Deputy Governor of Daraa, Mohannad Al-Jahmani, confirmed today, Saturday, that the Development Fund represents the fundamental starting point for the reconstruction of the governorate, which has suffered extensive destruction on various levels, noting that Daraa is in urgent need of comprehensive support in all vital sectors.

Damascus International Fair concludes its 62nd session with great success: More than two million visitors and dozens of investment agreements

The events of the 62nd session of the Damascus International Fair concluded amidst a festive atmosphere and unprecedented public interaction, where the number of visitors exceeded two million, a clear indication of the great success of this major economic and cultural event in Syria and the region.

The Governor of the Central Bank of Syria: The Development Fund Represents a "Historic Opportunity"

The Governor of the Central Bank of Syria, Abdul Qadir Al-Hasriya, confirmed that the Syrian Development Fund, launched under the patronage of President Ahmad Al-Shara, represents a "historic opportunity to rebuild what was destroyed by the fallen regime.

President Al-Shara: Syrians do not need charity but the honor of contributing to the rebuilding of their country

Al-Shara .. the previous regime destroyed the economy, shattered homes, and scattered the people, and the fund will provide high transparency in managing resources and implementing strategic projects.

Launch of the Syrian Development Fund in Damascus in the presence of President Ahmad al-Shara

The activities of the Syrian Development Fund were launched at the Citadel of Damascus in the presence of Syrian President Ahmad al-Shara, in a step aimed at supporting reconstruction efforts in the country after years of destruction.

Damascus and Berlin Discuss Strengthening Bilateral Cooperation and Regional Issues

Al-Shaibani receives the Director for Middle East, North Africa and Eastern Mediterranean Affairs at the German Foreign Office.

The Syrian Minister of Energy Discusses Cooperation Opportunities in the Gas and Electricity Sectors with the Iraqi Kar Group

The Syrian Minister of Energy, Engineer Mohammad Al-Bashir, today, Wednesday, discussed with a delegation from the Iraqi "Kar" oil group ways to enhance joint cooperation in the fields of gas and electricity, as well as investment opportunities in vital energy projects within Syria, as part of efforts to strengthen regional partnership and develop energy infrastructure.

Syria Between the Suffering of Poverty and the Hope of New Strategies

After poverty rates reached shocking levels ranging between 70 and 90 percent, Syria announces a national strategy to combat this phenomenon that has exhausted society during the long years of war. Finance Minister Mohammad Yasser Barnieh describes the new vision with ambitious slogans: "No beggar in the street, no orphan without care, and no poor family without support." But the road from slogans to reality is thorny and complex.

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"President Al-Shara discusses with a global cancer expert enhancing the health sector and supporting cancer patients in Syria"

5 days ago⭐

Lubna Nissani

"President Al-Shara discusses with a global cancer expert enhancing the health sector and supporting cancer patients in Syria"

President Ahmad Al-Shara received Haitham Al-Masri, founder and president of the globally specialized cancer research company “Hematogenix,” and his accompanying delegation at the People's Palace in Damascus.

Resumption of Military Pensioners' Salaries in Syria: A Test of Governance and a Balance Between Rights and Accountability

After months of waiting and debate, the Syrian government announced practical steps to resume the payment of military pensioners' salaries that have been frozen since the fall of the Assad regime, in a decision that touches the pain of thousands of families and tests the ability of the emerging state to address the complex legacy of years of war.

The Syrian Finance Minister Forms a Specialized Committee to Address Troubled Bank Loans

In a move aimed at addressing one of the most significant challenges facing the banking sector, Finance Minister Mohammad Yasser Barnieh announced the formation of a specialized advisory committee to comprehensively study the reality of troubled loans at government banks.

وزير النقل السوري يبحث مع وفد فرنسي التعاون في مشاريع النقل والبنية التحتية

عقد وزير النقل السوري، يعرب بدر، اجتماعاً اليوم، مع وفد فرنسي رفيع المستوى؛ لبحث آليات تعزيز التعاون في مشاريع النقل بين سوريا والدول الأوروبية، والتحضير لزيارة مهمة لوفد تجاري فرنسي إلى دمشق

Syria Launches a National Program to Combat Poverty Within a Comprehensive Strategy

The Syrian Minister of Finance, Mohammad Yasser Barnieh, announced today, Monday, the imminent launch of a national program to combat poverty, as part of a comprehensive strategy being developed by the ministry in cooperation with government agencies and international organizations, emphasizing that fighting poverty represents the true entry point to achieving political, social, and economic stability in the country.

Syria Seeks New Strategies to Revive Investment and Create Job Opportunities

In the halls of the 62nd Damascus International Fair, where economic life is gradually returning after years of challenges, Syrian Minister of Economy and Trade Mohammad Nidal Al-Shahr announced an ambitious plan to establish a new authority for small and medium-sized enterprises. This initiative represents part of a broader vision to revive the Syrian economy, which has suffered for years from the effects of war and sanctions.

Syria participates in the 116th session of the Arab Economic and Social Council in Cairo

The 116th session of the Arab Economic and Social Council has commenced at the headquarters of the Arab League in the Egyptian capital, Cairo, with the participation of official delegations from various Arab countries, including a delegation from the Syrian Arab Republic headed by the Minister of Economy and Trade, Mohammad Nidal Al-Shahr.

Syria exports 600,000 barrels of heavy oil via the tanker "Nissos Christiana"

The Syrian Ministry of Energy announced today, Monday, the export of a massive quantity of heavy oil amounting to 600,000 barrels, which departed from the oil terminal in the city of Tartus, aboard the international tanker Nissos Christiana, for the benefit of the company "B Serv Energy".

Japan Provides $5.5 Million to Improve Living Conditions in Syria Through the "Habitat" Program

The Japanese Ministry of Foreign Affairs announced today, Sunday, the provision of a financial grant of $5.5 million to support the United Nations Human Settlements Program "Habitat", as part of its efforts to enhance living stability in Syria, especially in the areas most affected by the conflict.

Do Economic Facilitation in Syria Translate to Real Stability?

Tom Brack, Washington's envoy to Damascus, confirmed that the country's stability can only be achieved by enabling the economy to function. This new vision was embodied in the recent American decision to ease restrictions on civilian exports to Syria, a notable shift from policies that have lasted for more than a decade.

Syria announces 500 new investment opportunities in free zones

The Director of Public Relations at the Syrian General Authority for Land and Maritime Ports, Mazen Aloush, revealed the existence of more than 500 new investment opportunities in various Syrian free zones, as part of efforts to reactivate the economy after years of war.

A Second Direct Ship Docked at Tartus Port to Enhance Direct Imports

A second ship docked today at Tartus Port directly without passing through intermediary ports in Turkey or Lebanon.

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