Finance

03-05-2016
The value of trading and of the main market index of the Damascus Securities Exchange continued to increase markedly in April.
26-04-2016
The US dollar has continued to gain ground slowly in the Syrian foreign currency market and is gradually closing on the 600-pound level.
12-04-2016
While the Panama Papers did not reveal anything unexpected on Syria, the investigation over them will likely complicate further the attempts by officials and regime cronies to hide their money.
05-04-2016
Updated on August 15, 2016: The first quarter of 2016 has seen a return of investors to the Damascus Securities Exchange, although in real terms the price of stocks and the trading value remain well below their pre-uprising levels.
29-03-2016
The continued decline of the Syrian pound is creating rising tensions in the market and pushing many Syrian traders to withhold selling their products.
29-03-2016
Foreign currency receipts in 2015 represented only 15 percent of outlays, the Syrian Minister of Finance said, leading to a significant balance of payments deficit.
29-03-2016
The Syrian Government has established a credit guarantee institution to support lending to SMEs.
15-03-2016
The announcement of a Russian withdrawal from Syria has caused panic in the Syrian foreign exchange market leading to a significant drop in the value of the Syrian pound.
08-03-2016
In dollar terms, the assets of Syria’s private sector banks declined by 25 percent on annual basis last year.
01-03-2016
February saw an increasing interest by Syrian investors in the Damascus Securities Exchange.
23-02-2016
The use of the dollar and of gold for transactions or as a reference of value is gaining ground across Syria as the national currency continues to decline.
16-02-2016
The dollar continued to gain in the Syrian foreign exchange market as speculation is believed to weigh increasingly on the value of the Syrian Pound.
09-02-2016
The dollar has crossed, and stabilized above, the 400-pound mark in the Damascus foreign exchange market and sets to remain at these levels for the foreseeable future in spite of Government efforts to restrict imports and demand for foreign currencies.
02-02-2016
Years after most of its counterparts, one of Europe’s largest commercial banks has just decided to stop all relations with Syria’s banking sector.
02-02-2016
Syria’s Large Taxpayers Unit, which groups the country’s largest corporations and wealthiest individuals, posted in 2015 a 30 percent increase in its revenues.

Events

Assessing the Price of Imported Goods
Damascus Chamber of Commerce
Dental Care
Damascus International Fairground