Some 80 percent of Syrian refugees in Lebanon receive credit or borrow money to complement their income, as three quarters of that population is food insecure, according to a recent survey from UNHCR.
The shares owned by Firas Tlas in the Syrian subsidiary of Lafarge Cement, the global cement manufacturer, have been seized by the Syrian Government.
According to the Syrian Government, inflation in January of this year declined on a monthly basis.
Syria’s trade with Lebanon decreased markedly in the first half of this year compared to the same period of 2013.
The number of Syrian registered refugees is close to reaching 3 million, according to data from the UN aid agency.
Almost all the lending of the Commercial Bank of Syria, Syria’s largest lender, is funding Government food purchases, according to a statement from officials from the bank.
Syrian investors in Jordan led the rankings of foreign investors in the first seven months of this year, according to official statistics.
The Syrian Government will seek new funds from Iran to help it finance its food imports.
The European Union has added new companies and individuals to its sanctions list, including two Lebanese companies and a prominent Syrian businessman.
The Syrian Government increased last week the price of water and electricity supplied to Syrian households following the increases in the prices of basic commodities approved the previous week.
During a speech last week following his re-election, and as the Syrian air force and army continued to bomb various parts of the country, Syrian President Bashar Al-Assad said that the coming period would see his Government focus on rebuilding damaged physical assets.
Syria’s gross domestic product is forecast to grow this year for the first time since the beginning of the uprising in 2011, a Government official said.
The number of companies established by Syrians based in Turkey surged in the first half of this year, putting them again on the top of the list of foreign investors in the country.
The UN Security Council on Monday allowed the supply of humanitarian aid to opposition-held areas without the prior approval of the Syrian authorities.
The National Coalition, Syria’s largest opposition grouping, has elected a new president to succeed Ahmad Jarba.
Damascus International Fairground
2nd International Finance Markets Investment Forum 2011
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