Economy

01-10-2003
Syria has witnessed a 10% increase in Foreign Direct Investment inward flows in 2002 according to the latest World Investment Report (WIR) of the United Nations Conference on Trade and Development (UNCTAD).
01-10-2003
A Syrian Moroccan Businessmen Council has been set up.
01-07-2003
Syria's Higher Investment Council (HIC) licensed in its latest meeting 50 new investment projects put forward by private investors.
01-07-2003
Besides the on-going negotiations to reform the public industrial sector, other state-owned companies are trying to reform their managerial methods in order to adapt to their increasingly market-oriented business environment.
01-07-2003
The United Nations Development Programme (UNDP) has released its annual Human Development Report.
01-06-2003
After its latest meeting, the Higher Investment Council released a new list of projects that were licensed to benefit from the Investment Law incentives.
01-06-2003
The Government is set to approve and send to Parliament a number of long-awaited laws. Among them is a new Commercial and trade law as well as a new customs law.
01-06-2003
The Syrian Government has finalised its draft text on the economic reform programme (ERP) it hopes to put in place in order to overhaul the Syrian economy and help it overcome the strong structural obstacles and stagnant economic growth it has now been...
01-05-2003
In spite of an official desire, in both Damascus and Beirut, of a strengthening of the economic relations between the two countries, the official level of bilateral trade continues to remain extremely modest and even witnessed a sharp fall last year. In spite of an official desire, in both Damascus and Beirut, of a strengthening of the economic relations between the two countries, the official level of bilateral trade continues to remain extremely modest and even witnessed a sharp fall last year.
01-04-2003
Syria's Higher Investment Council approved 65 industrial and transport investment projects worth more than SYP10 billion (US$192.3 million) in its latest meeting on March 6, the second since the beginning of the year.
01-04-2003
Besides its political message, the reported simultaneous destruction by the US and British air forces of the Iraqi-Syrian oil pipeline, of parts of a railway link between the two countries as well as of the Syrian Trade Centre in Baghdad is more than a...
01-04-2003
According to Hussein al-Amash, President of the Unemployment Commission, the state body in charge of reducing unemployment, the number of job-seekers in Syria reached 1.2 million or 22% of the active population at the end of last year.
01-02-2003
Damascus hosted on February 2 and 3 a forum on Arab women rights entitled "Women and Education" held under the patronage of Asma al-Assad, the wife of Syrian President Bashar al-Assad.
01-01-2003
The growing integration of Syria to the regional and world economy has been one of the most important aspects of its economic policy in the last 3 years and its rising exports are believed to be one of the main factors behind last year's resumed economic growth.
01-01-2003
The number of Investment projects that have been approved by the Higher Investment Council has sharply risen in 2002, according to Mustafa al-Kifri, head of the Investment Bureau (IB).

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