Finance

18-03-2013
The dollar surged 12 percent in the black market in the last week, while the lack of response from the Central Bank raises fears of a continued decline of the Syrian currency.
18-03-2013
The bank manager accused of being responsible for the largest fraud case in Syria’s banking industry since the liberalization of the sector some ten years ago has been arrested, IBTF has said.
18-03-2013
The DWX fell 0.78 percent last week with banking stocks continuing to dominate the market.
11-03-2013
Banque Bemo Saudi Fransi has announced that it has been the victim of a new hold-up.
11-03-2013
The dollar crossed the 100 pound level today, capping a week of rising pressures on the Syrian Pound in the currency market.
11-03-2013
The Ministry of Finance unblocked this week the assets of Mourtada Dandashi, a Syrian investor and board director at Byblos Bank Syria, only a few weeks after it had frozen them.
11-03-2013
The main index of the Damascus Securities Exchange rose 0.54 percent in a week that saw a large deal on Al-Aqeelah Takaful Insurance stocks.
04-03-2013
The Central Bank of Syria devalued further the price of the Syrian Pound which crossed the level of 82 pound per dollar on Thursday and of 83 pounds per dollar on Saturday as the differential with the black market rate stands at some 15 percent.
04-03-2013
SIIB, an Islamic lender, rose to become Syria’s largest private sector bank last year, preliminary data show.
04-03-2013
The volumes exchanged last week in the Damascus Securities Exchange increased to SYP 35 million over trading in financial stocks.
25-02-2013
An unusually large number of listed companies were traded in the Damascus bourse last week as the market index resumed its decline.
19-02-2013
The assets of Mourtada Dandashi, a Syrian investor in the financial and real estate sectors, have been frozen by the Syrian government on claims that he finances “armed terrorist groups,” the expression the authority use to describe opposition activists and rebel forces.
13-02-2013
The Damascus stock market index posted two successive gains on Tuesday and Wednesday to close the week on a positive note.
11-02-2013
The Central Bank of Syria is trading for the first time the US dollar at above 80 pounds, while the value of the Syrian currency in the black market has remained stable for around a month.
11-02-2013
HSBC is closing the accounts of some of its Syrian clients across the Middle East region the bank said.

Events

Tax Revision Committees
Damascus Chamber of Commerce
First Forum on Eco-friendly products
Tekkiye Sulaymanieh