Economy

01-05-2004
The Ministry of Economy has finalized a new draft law for the set-up of an export promotion agency (EPA).
01-05-2004
The Syrian Government is getting ready to establish two special economic zones which will focus on the ICT and the agro-food sectors.
01-04-2004
The annual report of the Damascus Chamber of Commerce portrays an economy that is slightly growing. The Syrian Pound, however, is forecast to loose from 5 to 10% of its value.
01-03-2004
The courts were responsible for a deep sense of insecurity in the Syrian economic sphere. Economic crimes will now be judged by regular courts.
01-03-2004
The cost for every new position is estimated at USD 10,000. Meanwhile, hidden unemployment in the public sector is put at up to 40% of the workforce.
01-03-2004
The two-day event led to the breaking of old taboos and received the support and marked presence of the spouse of the President.
01-03-2004
The network he chairs has been strongly active in Syria since the signing of a cooperation agreement with the Syrian Government in 2001.
01-02-2004
The preparatory stage of the EU-financed Institutional & Sector Modernization Facility (ISMF) project started early January.
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.

Events

ATB
Damascus International Fairground
Royal Home Expo
Damascus International Fairground