Syria and Iran signed last week several economic agreements, although a widely expected new credit line from Tehran was not included.
In order to ensure the availability of food products in the market in the midst of a shortage of foreign currencies, the government has decided to prioritise the funding of imports of 12 food items.
The Syrian Government has increased the price of several food products it sells in the market by up to 30 percent citing the decline in the value of the pound relative to the dollar.
The General Court of the European Union has rejected an appeal made by Fares Shehabi, the President of the Aleppo Chamber of Industry, to lift sanctions imposed on him.
Updated on July 27, 2015: A decree issued by the Syrian President on May 3 allows private holding companies to take over the management of assets and properties owned by cities and towns across the country.
The Syrian President issued last week a decree expanding the scope of a tax on Turkish-sourced products.
Issam Anbouba, a prominent Syrian businessman, has seen his appeal to lift the sanctions imposed on him by the European Council rejected.
Syrians’ expenses on the lottery continued to increase in the first quarter of this year.
The Syrian Government has doubled the cost for issuing passports through Syrian embassies and cancelled the security clearance required to issue them, two decisions that highlight its desperate quest for new foreign currency earnings.
Syria’s bilateral trade with the USA was at one of its lowest levels on record last year.
Syria and Belarus signed earlier this month a protocol to enhance economic and trade ties.
The Damascus Securities Exchange has announced that it was auctioning off the shares of two prominent Aleppo businessmen.
Donors meeting in Kuwait last week pledged to pay USD 3.8 billion to help alleviate Syria’s humanitarian crisis.
An Iranian official has put his country’s help to Syria since 2011 at USD 4.2 billion.
Groups affiliated with the opposition took on Thursday the last border crossing with Jordan still controlled by the Syrian Government, leading to potentially significant damages to Syria’s foreign trade.
6th Damascus Insurance Forum
Four Seasons Hotel
Dama Rose Damascus Hotel