Economy

16-03-2005
Syria’s official unemployment rate currently stands at 16%, according to the Minister of social affairs and Labour, Diala Haj-Aref.
16-03-2005
According to figures from the Central Bureau of Statistics, the consumer price index (CPI) rose 14% over the 2000-2004 period, or an annual average of 2.8%.
01-03-2005
According to a report from ANIMA, the French-based Euro-Mediterranean Network of Investment Promotion Agencies, the trend for Foreign Direct Investments in Syria is on the rise.
09-02-2005
Following the signing of a free trade agreement with Turkey, an interview with Ghassan Habash, Deputy Minister of Economy and Trade.
09-02-2005
The Syrian public sector will get greater managerial flexibility thanks to the new Law N°2 issued following a Presidential decree on January 9.
10-01-2005
Syria and Turkey signed a historic free trade agreement between them on December 22 during the visit to Damascus of Turkish Prime Minister, Recep Tayyip Erdogan.
01-12-2004
Syria's 2005 budget should grow to SYP 460 billion from SYP 449.5 billion in 2004, a 2.2% annual increase.
01-12-2004
The debate around the Public Share Offerings of Syriatel and al-Namaa has eased and the two companies have been allowed to go forward with their operations.
01-12-2004
According to the latest figures from the Central Bureau of Statistics, Syria's population reached the figure of 17.793 million in September 2004.
01-12-2004
The annual report of the Syrian-Lebanese council has confirmed a rise in bilateral trade between the two countries in 2003 as well as a similar trend in the first seven months of 2004. The annual report of the Syrian-Lebanese council has confirmed a rise in bilateral trade between the two countries in 2003 as well as a similar trend in the first seven months of 2004.
01-11-2004
The Public Share Offerings (PSO) of Syriatel and al-Namaa (a subsidiary of the Daaboul Economic Group) continued to stir a debate around the way they were conducted and the lack of regulations surrounding them.
01-11-2004
Syria and the European Union have formally concluded their negotiations on an Association Agreement between them by initialling the text on October 19 in Brussels.
01-11-2004
According to the World Investment Report, an annual publication of the United Nations Conference on Trade and Development (UNCTAD), Foreign Direct Investment in Syria reached USD 150 million in 2003.
01-10-2004
The two companies expect to raise capital for their development. The conditions and timing of these operations have been criticized, however.
01-10-2004
The authorities are trying to slowly reduce state subsidies on both consumer and industrial commodities. Fuel oil and electricity are expected to be next on the list but potentially huge social costs are delaying any decision.

Events

Food Expo 2011
Damascus International Fairground
Bank Credit Guarantees
Damascus Chamber of Commerce