The assets of Saeb Nahas, one of Syria’s most prominent businessmen, have been frozen according to local media.
Syria’s trade with Lebanon declined by six percent in the first half of 2015 according to statistics from the Lebanese customs.
On August 20, the Syrian President dismissed two ministers and appointed their successors.
Syria’s inflation rate continued to increase in March and April, according to official data.
Syria has adopted a new consumer protection law, formally aimed at regulating domestic trade and ensuring a faster resolution of disputes.
Syria’s trade with Turkey remained stable during the first half of this year, according to Turkish official data as groups affiliated with the opposition push further their drive to replace the Syrian Pound by the Turkish Lira.
Syrian investors founded more than a third of all companies established by foreigners in Turkey in the first half of 2015, according to official data, increasing their total contribution to foreign investment in that country.
Various groups affiliated to the Syrian opposition are pushing for the replacement of the Syrian Pound by the Turkish Lira in the opposition held northern areas raising a fierce debate among activists and other members of the opposition.
The number of Syrians registered with the UN refugee agency crossed the four million threshold last week.
The Syrian Investment Agency, a body licensing and regulating mostly large investments in the manufacturing, agriculture and transport sectors, gave the go ahead to 33 projects in the first half of 2015.
A new financial aid of USD 1 billion from Iran was formalized last week by a decree from the Syrian President.
Our two thousand-word factsheet on the economic aid agreements signed between Iran and Syria since the beginning of 2013.
Weeks after the city fell in the hands of rebel groups, Idlib is reportedly witnessing the systematic looting of public and private properties.
The Syrian authorities are continuing to issue legislation targeted at both raising fiscal revenues and encouraging some business sectors.
Syria’s trade deficit remained extremely large during the first half of this year as exports represented less than 7.5 percent of the value of imports, official data show.
City View 2011 - Damascus
Four Seasons Hotel
6th Damascus Insurance Forum
Four Seasons Hotel