Finance

01-12-2008
Adonis Insurance - Syria, the affiliate of the Byblos Bank Group, has launched operations in Syria.
01-12-2008
The Damascus Securities Exchange has sent the following clarification regarding our article "DSE to Award Trading Equipment Contract to Bahamas Firm"
01-12-2008
Several new brokerage firms have been licensed by the Syrian Commission on Financial Markets and Securities.
24-11-2008
Bemo Saudi Fransi Finance has announced that Bank Al Sharq’s IPO was oversubscribed by 438 percent.
24-11-2008
The SYP 750 million rights issue by Banque Bemo Saudi Fransi was fully subscribed, according to the brokerage arm of the bank, Bemo Saudi Fransi Finance.
24-11-2008
The number of branches operated by private banks in Syria rose to 92 at the end of October, or a quarter of the entire banking network, according to the Central Bank of Syria.
24-11-2008
Prospects for the launch any time soon of the Value Added Tax in Syria look grim following several statements from the Minister of Finance, Mohammad Hussein.
24-11-2008
KFW is providing a EUR 52.8 million credit facility to the Syrian government to finance a water project in Aleppo.
10-11-2008
The Social Security Organization (SSO) has invested actively in the last few years in private sector firms.
10-11-2008
Syria’s businesses are benefitting from only 7 percent of all lending from the banking sector, according to data released by the Central Bank of Syria.
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.

Events

SyrPower 2011
Damascus International Fairground
Computer & Technology Show
Boulevard Damascus