Finance

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.
02-12-2007
Insurance premiums reached SYP 6.61 billion in the first three quarters of this year, according to the latest statistics from the Syrian Insurance Supervisory Commission.
02-12-2007
Syria Gulf Bank is completing its capital increase through a public subscription offer that started on December 1 and will last until December 20.
26-11-2007
The minority partner in Bemo Saudi Fransi Finance, a financial intermediary firm that received a preliminary license from the Syrian Securities Authority, is the Fadel Group.
26-11-2007
Assets of commercial banks continued to grow in the first half of this year on the back of a strong increase in the balance sheets of private banks.
19-11-2007
Bemo Saudi Fransi Finance has been granted a preliminary licence by the Syrian Commission on Financial Markets and Securities to operate as a financial broker. BSF Finance will have a capital of SYP 300 million.
19-11-2007
The opening of the Damascus Stock Exchange has been postponed to an indefinite date, according to Rateb Al-Shallah, Chairman of the Board.
12-11-2007
The Central bank of Syria has announced that it had awarded a preliminary licence to the Aga Khan Agency for Microfinance to open Syria’s first Microfinance bank.
12-11-2007
The International Bank for Trade and Finance has launched a public subscription offer that ends on December 2.
12-11-2007
The Syrian Commission on Financial Markets & Securities has given a new preliminary license to a brokerage firm.
05-11-2007
Abu Dhabi Securities Market (ADSM) will provide technical and financial support to the Damascus Stock Exchange following an agreement between the two institutions.

Events

Tenders and Contracts
Damascus Chamber of Commerce
2nd International Finance Markets Investment Forum 2011
Sheraton Hotel Aleppo