Finance

12-01-2009
Noor Takaful is holding an initial public offer for 50.1 percent of its capital starting January 18. The IPO will last until February 16, 2009.
12-01-2009
The Syrian Commission on Financial Markets and Securities announced on January 5 that it would stop accepting new applications to set up brokerage and financial services firms.
05-01-2009
Pioneers Syria is to manage IPOs and capital increases of at least six companies in the coming few months.
05-01-2009
Bank Audi Syria is to double its capital to SYP 5 billion (USD 106 million), The Syria Report has learned.
05-01-2009
Official trading at the Damascus Securities Exchange will start on February 23, 2009, according to a statement from the Syrian bourse.
29-12-2008
The Damascus Securities Exchange has announced that it had concluded an agreement with Market Evolution Software Products Limited, a company based in the Bahamas, for the supply of electronic equipment.
29-12-2008
FFA Private Bank has received a preliminary license to operate as a financial consultancy firm in Syria.
29-12-2008
IFA Financial Services has announced that it had contracted ManafSoft of Jordan to provide the electronic systems needed for trading when the Damascus Bourse begins operations.
21-12-2008
Bank Al-Sharq SA has elected its board of directors and appointed a general manager to run its operations in Syria.
21-12-2008
Arab Bank Syria received on December 16 a preliminary approval to list its shares in the Damascus Securities Exchange.
07-12-2008
The Syrian Commission on Financial Markets and Securities has formally licensed two new financial services firms.
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.