Finance

17-04-2018
The latest political developments, perceived in Damascus as favourable to the Syrian regime, have helped shore up the value of the Syrian pound in the foreign exchange market.
03-04-2018
The value of trading in the Damascus Securities Exchange declined during the first quarter of 2018 relatively to the previous quarter, while share prices remained mostly stable as investors seem to be in a wait-and-see mode.
20-03-2018
Payment facilities and restrictive measures have ensured a sharp increase in the Large Taxpayers Unit of the Ministry of Finance last year.
19-03-2018
The Syrian financial markets regulator has revoked the license of several investment banks, some of them regional institutions, which had already suspended their operations in Syria or never started them.
05-03-2018
Syria’s main stock market index gained again last month amid rising trading volumes.
20-02-2018
The bank accounts of the World Chess Federation have been closed over sanctions imposed on its president for dealing with the Syrian government.
06-02-2018
For the first time in months, the main index of the Damascus Securities Exchange fell as investors seemed to be taking their profits.
23-01-2018
Updated on January 23, 2018: The Syrian financial markets regulator has renewed for one more year the license of seven brokerage firms, while many others have their operations suspended or entirely left the market.
23-01-2018
Only days after allowing local banks to resume lending, the Central Bank of Syria has partly backtracked on its decision for fear of pressures on the pound.
22-01-2018
Byblos Bank Syria has announced the appointment of a new general manager.
09-01-2018
Preliminary data from Syrian officials indicate that tax revenues increased last year, as a consequence of an improvement in economic activity and tax collection, although they remain far below budgetary expenses.
02-01-2018
In December, the Syrian pound fell again relative to the dollar, reducing further confidence in the national currency and the Central Bank of Syria.
02-01-2018
The Damascus Securities Exchange ended 2017 on a high note with investors making positive returns for the first time since 2010.
12-12-2017
The main index of the Syrian stock exchange reached a new high for the year as it continued to rise in November, albeit at a slower pace than in the previous month.
28-11-2017
The Syrian Pound gained more than 14 percent relative to the dollar in the space of one week as it comes close to the 400-pound level.