Economy

01-02-2004
The Investment Higher Council (IHC) awarded 571 investment licenses last year for a total capital figure of SYP 111 billion (USD 2.134 billion).
01-02-2004
Traditionally, Syrian budgets have never been presented in deficit or in surplus.
01-01-2004
The Ministry of oil awards five new oil exploration rights licenses to Royal Dutch/Shell (Block 2), Ocean Energy from the US (Block 22), Stratic Energy from Canada (Block 17), a joint-venture of IPR from the US and India's state-owned company ONGC (Blo...
01-01-2004
A new NGO, MAWRED has launched Syria's first business incubator dedicated to Syrian business women.
01-01-2004
Syria's 2004 budget has been passed by the Syrian Parliament and ratified by the President of the Republic on the last day of the year.
01-01-2004
Abdallah Dardari has been named at the head of the State Planning Commission.
01-01-2004
January The Syrian President issues a decree enacting the new law regulating the Free Trade Zones in the country.
01-01-2004
The Royal Netherlands Embassy in cooperation with the Aleppo Chamber of Commerce organised on December 13 and 14 a catalogue exhibition of Dutch companies in Aleppo, according to SEBC.
01-01-2004
Syria and Egypt will be setting-up a joint chamber of commerce.
01-12-2003
In spite of the many bills and measures the Syrian government has been taking in the last three years towards modernizing and liberalizing the economy, confusion remains on whether a clear-cut plan for reform exists or whether these different steps are...
01-12-2003
The new income tax law has been enacted and brings down rates for both corporations and individuals.
01-11-2003
The gathering was the largest business event of the year in Syria. In spite of a reduced number of participants from Europe, because of the regional political instability, it was a clear organizational and marketing success for Syria.
01-11-2003
The Ministry of Industry is opening the way for private investors to take in charge the management of its food processing plants .
01-11-2003
The Syrian Government has adopted the 2004 budget and sent the draft law to Parliament.
01-11-2003
The Parliament has passed a new income tax law that reduces tax rates and provides new exemptions for the lower paid wage earners.

Events

Tenders and Contracts
Damascus Chamber of Commerce
Export Finance Seminar
Damascus Chamber of Commerce