Economy

01-11-2002
The Investment Higher Council (IHC), which overviews and processes investment applications that are eligible for Investment Law N°10 facilities, is set for some changes.
01-11-2002
The Syrian Parliament has started discussing the 2003 draft Budget which calls for a rise of over 17.5 percent in expenditure.
01-11-2002
The high expectations raised by the setting-up of the Unemployment Committee reflects the hopes pinned on an institution that aims at tackling one of Syria's most pressing challenges, its rising unemployment rate.
01-11-2002
The Syrian government decreed on October 22 a 20% increase in the wages and salaries of private-sector employees.
07-10-2002
The Syrian government has set an expansionnary 2003 budget with expenditures expected to rise by 17.5 percent to reach SYP420 billion (USD8.4 billion).
09-09-2002
The Central Bureau of Statistics (CBS) has released its latest figures on the structure of the labour force in Syria.
19-08-2002
In its latest meeting, the Investment higher Council (IHC) has given its go-ahead to 108 new projects, with a total investment value of SYP6.3 billion (USD126 million).
12-08-2002
The Syrian government has banned the import of diesel vans, in a move designed at reducing pollution in the country.
05-08-2002
The Syrian social security and pensions organisation will be spending a total of SYP26 million (USD520.000) in the coming two years to computerise its operations, reported Teshreen.
03-07-2002
An economic reforms program announced by Mohammed al-Hussein, deputy PM in charge of economic affairs forecasts a 4% GDP growth by 2006 and around USD600 of investments in the tourism sector.
19-06-2002
Syria is to unify the different currency rates it applies to its imports.
27-05-2002
The increase in the price of heating oil was brought down to SYP140 per twenty litres, after it was set at SYP169.
17-05-2002
Syria hiked fuel prices on Tuesday 14, including a 20 percent rise in gasoline prices, a 38 percent increase in heating oil prices and a 33 percent growth in cooking gas prices.
14-05-2002
In its semi-annual survey on the country risk of 185 countries, Euromoney magazine ranked Syria in 94th place worldwide and 14th among 18 countries in the Middle East and North Africa region.
14-05-2002
A 20 percent rise in the salaries of all state civil and military employees will take effect starting June 1.

Events

Export Food Industries
Damascus International Fairground
6th Damascus Insurance Forum
Four Seasons Hotel