Finance

15-09-2008
Banque BEMO Saudi Fransi is increasing its capital by SYP 750 million through a rights issue.
15-09-2008
Noor Takaful Insurance Company will organize an Initial Public Offer for the majority of its capital before the end of this year.
08-09-2008
Syrian Arab Insurance Company has announced the appointment of Bassel Abboud as new General Manager of the Company.
08-09-2008
Orient Bank (Al-Sharq Bank) has received the go ahead from the Syrian Commission on Financial Markets and Securities (SCFMS) to launch an Initial Public Offer IPO for 20.5 percent of its capital.
08-09-2008
The credit portfolio of the Commercial Bank of Syria (CBS) continues to increase at a significant pace, according to the state-owned bank.
01-09-2008
The Ministry of Economy & Trade has licensed a new foreign exchange trading firm, Al-Adham Exchange, a joint-stock company.
01-09-2008
Premiums collected by Syrian insurance companies in the first half of this year reached SYP 5.25 billion, a 23 percent year-on-year increase, according to the Syrian Insurance Supervisory Commission (SISC).
01-09-2008
Cham Bank has announced a significant increase in assets and deposits in the first half of this year.
01-09-2008
Arope Syria and the Syrian Kuwaiti Insurance Company have published their un-audited mid-year financial statements.
25-08-2008
Syria Gulf Bank and Banque Bemo Saudi Fransi have published their unaudited financial results for the six months ending June 30, 2008.
18-08-2008
The Syrian Commission on Financial Markets and Securities has granted a preliminary license to two new brokerage firms.
18-08-2008
Local private banks continue to post two-digit growth in all their main indicators, according to their mid-year financial statements.
03-08-2008
Tadhamon International Islamic Bank, a Yemeni Bank, is expected to bid for a formal license in Syria within days.
28-07-2008
Bank Audi Sal of Lebanon has announced that it had closed a USD 380 million syndicated bridge facility for the Syrian Cement Company.
28-07-2008
The Central Bank of Syria has loosened its restrictions on foreign currency transfers by allowing Syrians travelling abroad to withdraw the equivalent of up to USD 10,000 from their Syrian Pound accounts.

Events

Assessing the Price of Imported Goods
Damascus Chamber of Commerce
Auto Bazar
Damascus International Fairground