Finance

27-01-2008
The Syrian Commission on Financial Markets and Securities has given its approval for the organisation of an Initial Public Offer for the sale of a third of the shares of Bank of Jordan Syria.
21-01-2008
The number of branches operated by private banks in Syria reached 68 at the end of last year, an annual increase of 58 percent.
20-01-2008
Standard and Poor’s has assigned a 'BB' long-term insurer financial strength and counterparty credit ratings with a stable outlook to Damascus-based Arab Union Reinsurance Company.
14-01-2008
The Central Bank of Syria has announced the set-up of a clearing house for Euro and US dollar transactions.
14-01-2008
The board of directors of the Damascus Stock Exchange has selected Sweden’s OMX, to provide it with the technology and software needed for the management of the stock market.
14-01-2008
2007 saw the arrival of Islamic banks in the Syrian market for the first time ever, as well as a continued interest from traditional banks in the region.
14-01-2008
The new date for the beginning of the implementation of the Value Added Tax in Syria is 2009, according to Mohammad Hussein, Minister of Finance.
07-01-2008
The Central Bank of Syria issued on December 12 a decision putting an end to the 6 banks operating in the Free Trade Zones.
07-01-2008
The Government has allowed investors in Syria to receive loans and other credit facilities from foreign banks and financial institutions.
07-01-2008
The number of foreign exchange firms operating in Syria reached 7 at the end of last year according to a listing obtained from the Central Bank of Syria.
07-01-2008
Two new private Syrian banks are applying to offer financial intermediation services.
30-12-2007
The Syrian Islamic Insurance Company, a takaful insurance firm, has become the third Islamic and the twelfth private insurance firm to receive a license to operate in the Syrian market.
17-12-2007
Deposits at the Commercial Bank of Syria fell by 1.9 percent at the end of the third quarter of this year compared to the end of the previous quarter, to reach SYP 398.1 billion.
17-12-2007
Shuaa Partners, the private equity arm of Shuaa Capital, has announced that it had successfully closed a USD 100 million Syria-dedicated investment fund.
10-12-2007
The Minister of Finance, Mohammad Hussein, laid on December 5 the foundation stone of the building that will host the Damascus Bourse, and the Syrian Commission on Financial Markets and Securities.

Events

Assessing the Price of Imported Goods
Damascus Chamber of Commerce
Tax Revision Committees
Damascus Chamber of Commerce