Finance

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.
27-06-2016
Banque Bemo Saudi Fransi, Syria’s largest private sector commercial bank, has announced the appointment of a new CEO.
07-06-2016
The U.S. Government has blocked several properties located in New York and Washington, D.C. as well as millions of dollars owned by the Syrian Government, a recent report reveals.
07-06-2016
The decision by the Central Bank of Syria 10 days ago to reduce the supply of Syrian pound liquidities has helped strengthen the value of the national currency but appears unsustainable in the medium and long-term.
06-06-2016
The Damascus Securities Exchange posted in May its first monthly loss in the space of five months and saw a sharp decline in the value of shares traded.
31-05-2016
The pound has strengthened significantly relative to the dollar in the past week and is now back to its level of the beginning of the year.
10-05-2016
The US dollar crossed this week the 600-pound level in the Syrian currency market, which is increasingly slipping out of the control of the Central Bank.
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.

Events

Computer & Technology Show
Boulevard Damascus
The Green Economy
Damascus Chamber of Commerce