Economy

12-12-2017
Syria’s 2018 budget will nominally increase by more than 19 percent although actual expenses will likely be much lower than those projected.
12-12-2017
The Syrian Parliament has approved a doubling of the rate of the reconstruction tax, which is supposed to contribute to finance the rebuilding of the country.
12-12-2017
An opposition-affiliated fund has announced that it will be investing more than USD 10 million in development projects in the southern governorate of Quneitra.
28-11-2017
The Syrian Minister of Economy has implicitly acknowledged that his government will receive no major funding for the reconstruction effort.
28-11-2017
Businessmen in various Syrian industries are complaining of a lack of manpower despite the country’s massive unemployment rate.
28-11-2017
Syrian-Iranian bilateral trade, excluding crude oil, increased over the past two years, although it remains well below its pre-uprising level.
21-11-2017
A report by a global bank estimates that the average wealth of Syrians dropped markedly this year.
21-11-2017
The financial results of some of Syria’s largest companies show an increase in revenues across the board, albeit from very low levels.
14-11-2017
Samer Foz, the increasingly powerful and visible Syrian investor, is expanding his investment portfolio with a new venture in the pharmaceuticals sector.
14-11-2017
The Syrian authorities have increased the amount of money that Syrian males aged over 42 have to pay to avoid conscription, a decision that aims at increasing the treasury’s revenues although many also perceive it as a means of discouraging refugees from returning.
07-11-2017
A decision by the government to facilitate the import of textile fabrics has created wide protests among powerful Aleppo manufacturers and highlighted the contradictory interests of the Syrian business community.
07-11-2017
The government’s reconstruction committee has announced that it would allocate money for the areas of Deir-ez-Zor that were taken back from the Islamic State last week.
07-11-2017
Syria was among the worst performing countries in the world in the latest annual Doing Business report, another reminder of the stark difficulties the country will face in recovering from the war.
31-10-2017
Rami Makhlouf has failed in his bid to have his assets in Switzerland unfrozen.
24-10-2017
A visit by the Syrian Prime Minister to the coastal area has highlighted the limited capacity of the government to meet the expectations of the population.

Events

First Forum on Eco-friendly products
Tekkiye Sulaymanieh
Tenders and Contracts
Damascus Chamber of Commerce