Syria’s 2019 budget is planned to increase by some 21.8 percent on an annual basis.
Syria and Crimea have signed several economic and trade agreements, highlighting the role of the peninsula in the Syrian-Russian relation.
Despite the country’s high unemployment rate, Syrian businesses, including state-owned enterprises, are continuing to report a shortage in skilled manpower, which is hampering their operations.
The Nassib border post between Syria and Jordan, which is a strategic trading point for the whole Levant region, reopened yesterday after three years of closure.
The American and British aid agencies have asked aid agencies to stop using the border crossing between Turkey and the Idlib area for fear that taxes on trucks transporting aid were partly used by Hayat Tahrir al-Sham, Reuters reported.
The average required expenditure budget of a Syrian household needed to meet its most pressing requirements has remained stable in the first half of this year, according to a local report.
Syria’s PM, Imad Khamis, visited last week the two coastal provinces of Tartous and Lattakia where he inaugurated a host of projects including the first government project or building to be named after Bashar Al-Assad.
Syrian government institutions have published in recent weeks their estimates of the value of the destruction in several areas and business sectors.
The main highlights of the 60th edition of the Damascus International Trade Fair, which was held last month, included a relatively large Russian presence, a very limited one by Chinese companies and the absence of announcements of major business deals.
The Al-Bab Local Council has launched a gas filling plant, which will supply the whole Euphrates Shield Area, while a new Palace of Justice, funded by Turkey, has also opened north of Aleppo.
Syria’s foreign trade deficit increased again in 2017, initial data indicate.
The U.S. Treasury has blacklisted a number of Syrians and other nationals and entities associated with Syria’s oil procurement networks, including one of the most prominent war profiteers.
Iran is taking half of the already meagre revenues the Syrian government receives from phosphate extraction to pay for the debt owed by Damascus, a quasi-official media is reporting.
In a public meeting, the Syrian Prime Minister gave a bleak assessment of the impact of the war on the country’s foreign currency reserves and economic assets.
The Euphrates Shield Area (ESA) is witnessing several new developments that highlight its increasing autonomy relative to Damascus but also its rising ties to Turkey.


SME Support Fund
Damascus Chamber of Commerce
Damascus 1st Tourism Shopping Festival
Kiwan Land