The Syrian government has denied reports it plans to seize the assets of expatriate businessmen.
According to the government, Syria’s inflation rate reached 117 percent in October 2013, the last month for which data is available.
The government has provided a new estimate for the losses incurred by state institutions and infrastructure at the end of 2013.
A European court has rejected the appeal by Bushra Al-Assad, the sister of Syrian President Bashar Al-Assad, against the sanctions imposed on her by the European Union.
The government is preparing to seize the assets of several prominent businessmen, including Syrian-British investor Ayman Asfari, according to pro-regime media outlets.
Two sets of preliminary data have confirmed that, excluding oil products, Syria’s foreign trade has become largely dominated by food commodities and phosphate.
The Syrian government has extended price controls on a large list of new consumer items in a bid to put a lid on inflation.
The number of Syrian refugees or in the process of registration with the UN aid agency crossed the 2.5 million mark last week.
Syria’s imports from Lebanon increased to $524 million in 2013 as the country increasingly relied on its smaller neighbor to transit its oil procurements.
The number of kidnapping cases registered in recent months by the government in the province of Aleppo has crossed the 1,500 according to a report in a pro-regime media outlet.
The rising number of unemployed is putting a strain on the budget of the Social Security Organisation, according to one of its officials.
The number of Syrian refugees based in Lebanon has crossed the 900,000 mark, according to data from the UN humanitarian agency.
Syrian Kurds are growing increasingly assertive and forming local administrations in the parts of the country where they form a majority.
Among all companies established last year in Turkey with foreign shareholders, Syrians ranked first in the list of foreign nationalities, an indication that many are planning to say indefinitely.
Inflation data for the month of June 2013, which were released only now by the Syrian government, confirm the surge in retail prices across all product segments.
Dama Rose Hotel
Investment Facilities at the Industrial City of Adra
Damascus Chamber of Commerce