Finance

03-01-2017
The main indicators of the Damascus Securities Exchange witnessed an overall positive performance last year when measured on a nominal basis, although the Syrian bourse remains largely disconnected from the economy at large.
03-01-2017
Revenues from the customs department increased by around two thirds last year, representing now a meaningful source of income for the Syrian treasury.
20-12-2016
Last week saw the addition of several individuals and entities based in Syria by the United Nations and the United States.
13-12-2016
The value of the Syrian Pound relative to the dollar has increased in the past month as the regime gained ground in the battle over Aleppo and in other parts of Syria.
06-12-2016
The Ministry of Finance has put a cap on premiums generated by private sector companies from third-party insurance in a bid to increase revenues at the state-owned insurance company.
06-12-2016
The average wealth of Syrians in 2016 is only around a quarter of what it was before the uprising, a recent study has found.
06-12-2016
For the third month in a row, trading activity at the Damascus Securities Exchange remained extremely limited in November.
15-11-2016
Data from the Commercial Bank of Syria, Syria's largest bank, indicate that it loans almost exclusively to the public sector.
15-11-2016
Since the beginning of the uprising, Syria's public debt has multiplied by 11, Adib Mayaleh, the Minister of Economy has said.
08-11-2016
While the Syrian Pound continues to lose ground in the local foreign currency market, its rate of decline is slower since the beginning of the summer.
01-11-2016
Bank Audi, Lebanon’s largest banking grouping, has announced that it has written-off its investment in Syria and that its representatives in the bank’s board of directors have resigned.
01-11-2016
Al-Baraka Bank Syria, an Islamic lender and one of the newest comers to the Syrian banking sector, saw its assets jump 50 percent in the first half of this year.
01-11-2016
The value of the shares traded last month in the Damascus Securities Exchange fell to its lowest level since the beginning of the year.
18-10-2016
ISIS has started using its own currency, the Islamic dinar, to impose fines on inhabitants of Raqqa and other towns under its control.
18-10-2016
The state-owned Syrian Insurance Company held almost two thirds of the insurance market in the first half of this year, official data show.