Economy

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.
01-10-2004
The Ministry of Finance (MoF) has started streamlining the country's taxation structure by abolishing a set of old taxes and imposing new ones.
01-10-2004
Syria has decided to enter into talks with the European Free Trade Association (EFTA), the largest grouping of European countries outside the European Union. EFTA groups the countries of Iceland, Liechtenstein, Norway and Switzerland in a free trade ag... Syria has decided to enter into talks with the European Free Trade Association (EFTA), the largest grouping of European countries outside the European Union. EFTA groups the countries of Iceland, Liechtenstein, Norway and Switzerland in a free trade agreement pact.
01-10-2004
The State Planning Commission is seeking to obtain from Kuwait and the United Arab Emirates two grants worth a total of USD 100 million to finance the Agency for Combating Unemployment (ACU), the state body in charge of fighting unemployment in the cou...
01-10-2004
Syria is to set-up five relays of its Euro Info Correspondence Centre (EICC).
01-08-2004
Syria witnesses a significant rise in literacy rates. Otherwise, its development indicators remain stable. Expenditure on education is falling while women participation in the work place is on the rise.
01-08-2004
A number of administrations are expected to undergo reforms. The ministry of finance is expected to take a greater role in formulating economic policies.
01-08-2004
Per capita annual consumption of bread in Syria stands at 115 kg, according to a study released by the Ministry of Economy. Daily consumption stands at 316 g, while annual total consumption of the country is 2.2 million tons.

Events

SyrPetro
Damascus International Fairground
Tax Revision Committees
Damascus Chamber of Commerce