Finance

14-01-2002
According to a source at the Ministry of Economy, the delay in issuing the new reformed financial law will have no incidence on the setting up of the first private banks in the country.
07-01-2002
Mustafa Miro, Syria's Prime Minister, said that the International Monetary Fund agreed on Syria's current development program and saw no particular reason for privatising the public sector.
07-01-2002
The Syrian president, Bashar el-Assad, has sent back to parliament the recently voted financial reform law.
31-12-2001
The state-owned real estate bank is to extend its network of ATMs following the success of its "Syriacard" ATM card.
31-12-2001
The Commercial Bank of Syria has set Monday, January 7, as the last day it will buy back the former European currencies and convert them into Euros.
31-12-2001
97 percent of loans funded by Syria's Industrial bank go to the private sector, with a mere 3 percent going to the public industrial sector.
24-12-2001
The rate of the Syrian pound to the Euro, the new European currency, will be fixed according to the rate of the pound to the US dollar.
24-12-2001
On January 1, 2002, the Euro, the common currency of the 12 members of the European Economic and Monetary Union (EMU) will begin circulating.
10-12-2001
The Syrian parliament voted yesterday, the new law reforming the financial sector of the country, said SANA, the state news agency.
26-11-2001
Syria's parliament on Thursday passed a 2002 budget projecting expenditure of SYP356 billion (US$7.66 billion), a 10 percent increase on the previous year's spending, reported the Syrian Arab News Agency (SANA).
12-11-2001
The Finance Committee of the Syrian Parliament has started discussions on the new law governing the Central Bank, said Al Sharq al Awsat.
12-11-2001
According to Al Hayat, the Syrian authorities froze tens of millions of dollars of assets held by Iraqi state organisms.
05-11-2001
Syria will have a large share of the EUR6.4 billion allocated by the European Investment Bank (EIB) to the Mediterranean countries in the six coming years, reported Al Hayat.
29-10-2001
Investors from the Gulf have expressed their interest in setting up an Islamic bank in Syria following the passing of a law allowing private capital to invest in the banking sector, reported Al Hayat.
15-10-2001
On October 13 Syria became the latest member of the World Bank's Multilateral Investment Guarantee Agency (MIGA), the official SANA news agency reported.

Events

6th Damascus Insurance Forum
Four Seasons Hotel
Syria Lab
Damascus International Fairground