The Syrian Government has banned state institutions from importing from Turkey, while at the same time expanding access to Iranian products.
As Russia sends its troops to Lattakia, it claims that it also plans a number of economic projects in Syria’s coastal city.
The opposition-held segment of Aleppo is benefitting from new funds for the collection and treatment of its solid waste.
The trust fund in charge of funding development and humanitarian projects in opposition-held parts of the country announced in August financial agreements worth more than EUR 4 million for new projects.
Syria’s annual inflation rate last May reached 39.4 percent, according to official statistics.
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.
Dama Rose Hotel
Tenders and Contracts
Damascus Chamber of Commerce