Finance

11-10-2016
As fiscal revenues remain very low, the Syrian government is on the hunt to generate more income through raising all sorts of taxes and fees and cracking down on tax fraudsters.
04-10-2016
The third quarter of this year saw a marked decline in the value of the shares traded in the Damascus Securities Exchange.
27-09-2016
The Islamic State has reportedly begun the circulation of its new currency in the city of Raqqa.
20-09-2016
At least a third of the government expenses last year were funded by long-term borrowing from the Central Bank of Syria, according to a recent report.
13-09-2016
Data from Wikileaks have confirmed that the Central Bank of Syria has deposited significant amounts of its foreign assets in the Russian banking system.
13-09-2016
Syria’s government has given more details on its annual budget to pay compensations to pensioners from the public sector, both civilians and members of the armed forces, and their families.
06-09-2016
The month of August saw a slight increase in the Syrian stock market index and in the value of shares traded.
30-08-2016
The Central Bank of Syria has restricted the operations of foreign exchange companies to non-commercial transactions.
23-08-2016
The Syrian pound is continuing its downward spiral and lost in the last week some five percent of its value relative to the dollar as the Government admits that its foreign currency reserves are now very low.
16-08-2016
The appointment of a new governor at the Central Bank of Syria has coincided with a new increase of the value of the US dollar in the Syrian foreign exchange market.
15-08-2016
The main index of the Damascus Securities Exchange remained mostly unchanged in July.
26-07-2016
Bank Audi, Lebanon’s largest commercial bank, is changing the commercial name of it Syrian affiliate in an apparent bid to distance itself from the Syrian market.
12-07-2016
ISIS has reportedly begun to mint and circulate its own currency while its revenues from oil are falling.
05-07-2016
Syria’s customs revenues increased in the first half of this year as a consequence of the decline in the value of the pound relative to the dollar.
28-06-2016
The Central Bank of Syria has licensed a new foreign exchange company, the first in two years.