Economy

01-08-2004
A Federation of Chambers of Industry is to be created following the passing of a Presidential decree in that sense on 20 July 2004.
01-07-2004
Ministry of Industry continues to seek the involvement of the private sector while avoiding privatization.
01-07-2004
The historic visit of the Syrian President aims at bolstering ties between the two countries following the US sanctions.
01-07-2004
Syria received a mere USD 41.7 million in Arab Direct Investment in 2003, or 1.12% of all inter-Arab investments, according to the latest annual report of the Inter-Arab Investment Guarantee Corporation (IAIGC).
01-07-2004
Car prices in the Syrian local market are expected to fall by as much as 25% following the new pricing method the customs directorate has adopted.
01-06-2004
In case any doubts still remained, the Syrian authorities have made sure that their new position towards the future role and size of the public sector is now clear.
01-06-2004
Starting June 1, Syria's civil servants and pensioners will see their salaries and pensions increase by 20% following a Presidential decree in that sense on May 11.
01-06-2004
After months of debates, US President George Bush finally signed the executive decree implementing the Syria Accountability Act.
01-05-2004
The European Union will be providing 55 million euros in financial support to Syria this year, as part of its 3-year National Indicative Programme (NIP) that runs from year 2002 to 2004.
01-05-2004
The IMF expects Syria's GDP growth to reach 3.6% this year and to rise slightly to 4% in 2004.
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.

Events

Syrian Medicare 2011
Damascus International Fairground
SyriaTech
Damascus International Fairground