The total premiums of the insurance industry reached SYP 4.28 billion in the first half of this year, according to the Syrian Insurance Supervisory Commission.
Diamond Group (DG) will be the third intermediary firm to operate in the future Syrian stock exchange, after it obtained a preliminary license from the Syrian Commission on Financial Markets and Securities (SCFMS) last August.
Syria’s net liquid reserves of foreign currencies stand at USD 20 billion, according to Adib Mayaleh, the Governor of the Central Bank of Syria.
Al Aqeelah Takaful Insurance launched on August 26 an initial public offer for 51 percent of its share capital.
Qatar National Bank, Qatar’s largest bank by market share, has received a preliminary approval from the Central Bank of Syria to open a bank in the country.
Minister of Finance Mohammad al Hussein laid on August 5 the foundation stone of the Arab Insurance Institute (AII), the first specialized institute of its kind in the region.
Officials from the National Bank of Kuwait (NBK) are exploring opportunities of opening a bank in Syria according to press reports in Kuwait.
Adonis Insurance and Reinsurance (ADIR) was granted by the Syrian Government a full license to operate in the Syrian market.
Trading in the Damascus Stock Exchange will start in January or February 2008, according to Rateb Al-Shallah, chairman of the Board of DSE.
Bank Audi Syria has announced the launch of a new credit card service, the Visa Gold Card in US dollars.
The private banking sector confirmed last year its growing role in the local banking system.
A decision issued by the Syrian Insurance Supervisory Commission (SISC) provides the guidelines for investment by Syrian insurance firms.
Al Aqeelah Insurance Company, Syria's first takaful insurance firm, will offer 51 percent of its share capital in an initial public offer that it plans to hold within a month, according to Maher Mhanna, operations manager at the Damascus branch of Al A...
City View 2011 - Aleppo
Sheraton Hotel Aleppo
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Damascus Chamber of Commerce