Finance

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.
17-11-2008
Market Evolution Software Products Limited, a company from the Bahamas, has been chosen to supply the electronic trading systems to be used by the Damascus Securities Exchange (DSE).
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.
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.

Events

Computer & Technology Show
Boulevard Damascus
All Energy 2016
Dama Rose Hotel