Finance

02-04-2007
The Popular Credit Bank, a state-owned bank, has seen an increase in its key indicators across its fields of activity
26-03-2007
The Arab Monetary Fund is providing a loan of USD 52 million to the Ministry of Finance to finance the reform of the Syrian financial sector.
26-03-2007
Global House Group of Bahrain (GHG) plans to open an Islamic bank in Syria with a capital of USD 500 million.
26-03-2007
Syria International Islamic Bank has announced its apportionment scheme for shares oversubscribed during the IPO it conducted between February 4 and March 4 2007.
19-03-2007
The first two financial intermediary firms have been given preliminary licenses from the Syrian Commission on Financial Markets and Securities (SCFMS).
12-03-2007
Dubai Islamic Bank (DIB) plans to open an Islamic bank with a capital of USD 200 million in Syria.
12-03-2007
Syria International Islamic Bank, the second Islamic bank to be licensed in the country, closed its initial public offering on March 4 with a massive oversubscription representing 336 percent of the shares it had offered for sale.
05-03-2007
The Syrian Government has approved several changes to the banking law, increasing the ceiling on foreign ownership and doubling the minimum capital of traditional and Islamic banks
26-02-2007
Adonis Insurance and Reinsurance (ADIR) received on February 25 a preliminary license from the Syrian Insurance Supervisory Commission to open an insurance company in Syria.
26-02-2007
Noor Financial Investment Company (Noor), a Kuwait-based investment firm, plans to open an Islamic bank in Syria with a capital of USD 200 million.
26-02-2007
On February 19, the Syrian President formally issued Law N°15, which authorizes the Credit and Monetary Council, the authority in charge of supervising the banking sector, to license financial institutions that will provide small loans and micro f...
26-02-2007
Private banks in Syria have continued to witness impressive growth last year, as preliminary data show.
19-02-2007
The Bank of Jordan, one of the four largest banks in Jordan, announced that it had received a preliminary approval from the Central Bank of Syria to open a bank in Syria
19-02-2007
Deposits at the Commercial Bank of Syria fell 11.5 percent in the 11 months ending November 2006
19-02-2007
Total deposits at Bank Audi Syria reached SYP 13.45 billion (USD 263 million) at the end of 2006 according to the annual statements of the bank while the lending portfolio stood at SYP 4.85 billion.

Events

ATB
Damascus International Fairground
2nd International Finance Markets Investment Forum 2011
Sheraton Hotel Aleppo