Economy

14-07-2014
The number of investment projects licensed by the Syrian Investment Agency in the first half of this year was equivalent to its level of 2012, confirming the relative increase in private sector investments in some parts of the country.
07-07-2014
The European Court of Justice has lifted sanctions imposed by the EU on Syria’s former Minister of Economy.
07-07-2014
Russia will provide a grant worth several hundred million dollars to the Syrian Government under an agreement signed last May.
07-07-2014
The executive arm of the Syrian opposition is continuing to take various steps to strengthen its credentials in opposition areas and among refugee communities.
30-06-2014
Ninety years after it was abolished by Ataturk, an Islamic Caliphate has been formally established on some parts of Syria and Iraq by the Islamic State of Iraq and Sham, a radical Islamist group.
30-06-2014
Iran’s Bank Saderat has already received USD 1 billion of funding request by Syrian state entities, reaching the ceiling of the credit line granted by Tehran to Damascus last year.
30-06-2014
The exfiltration of Syrians towards the European Union is becoming a business of its own in Turkey, Egypt and other countries with large Syrian refugee communities.
23-06-2014
The Syrian Ministry of Economy has reportedly drafted a law that will reduce and simplify the customs tariff schedule imposed on imported products.
23-06-2014
The European Union has issued sanctions on 12 new Syrian officials because of their responsibility "for serious human rights violations."
16-06-2014
Abdallah Dardari, Syria’s former Deputy Prime Minister, provided an estimate for the economic cost of Syria’s reconstruction during a business forum in which many of Syria’s old business faces reappeared.
16-06-2014
The World Bank is forecasting a further fall in Syria’s gross domestic product this year and next although at a rate that is lower than in previous years.
16-06-2014
Jordan has set several restrictions to limit the entry of Syrian nationals into its territory.
09-06-2014
Since the beginning of the year, the Syrian Investment Agency has licensed an average of five new projects every months, almost exclusively in the so-called “safe areas” of the country.
09-06-2014
Bashar Al-Assad was declared the winner of the Presidential “elections” held on June 2 in Syria with his two opponents gaining together less than 7.5 percent of the votes.
02-06-2014
A recent report by a Syrian research house has confirmed the dramatic decline in Syria’s economic output and the no less tragic rise in poverty and unemployment.

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