Finance

09-11-2008
The Syrian insurance market rose by a third in the first three quarters of this year, according to the Insurance Supervisory Commission.
02-11-2008
IFA Financial Service Co. (IFA-FSC) has become the third brokerage firm to be allowed to operate in Syria after it received a full license from the Syrian Commission on Financial Markets and Securities (SCFMS) on October 27.
02-11-2008
The European Investment Bank is launching on November 16 a new credit facility for Syrian small and medium enterprises, the Global Fund II.
27-10-2008
The International Bank for Trade and Finance (IBTF), Syria's fourth largest private bank in terms of assets, has received a preliminary license from the Syrian Commission on Financial Markets and Securities (SCFMS) to set up a brokerage house.
27-10-2008
Bemo Saudi Fransi Finance (BSFF) has announced that it is the first firm to be registered as a member of the Damascus Securities Exchange and that it had received as such membership number 1.
20-10-2008
The Central Bank of Syria has granted a license to two new money exchange firms.
20-10-2008
Cham Holding and Daman Securities from the United Arab Emirates are setting-up a joint brokerage firm to operate in the Damascus Securities Exchange.
13-10-2008
The Real Estate Bank (REB) will offer foreign currency operations from the beginning of 2009, only the second state-owned bank in Syria allowed to do so.
06-10-2008
The Syrian Commission on Financial Markets and Securities has awarded a preliminary licence to two new brokerage firms.
29-09-2008
Banque Bemo Saudi Fransi is the first Syrian company to apply for its shares to be listed in the Damascus Securities Exchange.
22-09-2008
The Syrian Commission on Financial Markets and Securities has awarded a preliminary licence to Global Investment House to open a brokerage house in Syria.
22-09-2008
Along with other private banks, the International Bank for Trade and Finance has posted a strong increase in its credit portfolio in the first half of this year and a more modest increase in its deposits base.
15-09-2008
Banque BEMO Saudi Fransi is increasing its capital by SYP 750 million through a rights issue.
15-09-2008
Noor Takaful Insurance Company will organize an Initial Public Offer for the majority of its capital before the end of this year.
08-09-2008
Syrian Arab Insurance Company has announced the appointment of Bassel Abboud as new General Manager of the Company.

Events

Auto Bazar
Damascus International Fairground
SME Support Fund
Damascus Chamber of Commerce