Finance

29-07-2002
Syria recently completed the requirements needed to join the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, making it the agency's 156th member.
29-07-2002
According to al-Hayat, the private banking sector in Syria has suffered a new setback with licenses not expected before the first quarter of next year.
05-07-2002
The Syrian government is projecting to inject around SYP10 billion (USD200 million) in the coming three years into the state-owned banking sector in order to upgrade it reported Teshreen.
01-07-2002
The International Finance Corporation (IFC) is providing a USD13.2 million loan to United Joint Stock Company for Petrochemical Industries (UCPI), an alkyl benzene (LAB) manufacturing company that is to be set up by Syria's Ahmed Daaboul and Sons.
19-06-2002
According to Syria's minister of economy, a license will be awarded for a private bank to operate in the country next September.
19-06-2002
The Commercial Bank of Syria is to set up an operation center to manage the use of the Visa credit cards in Syria, according to al-Thawra.
27-05-2002
According to Ghassan al-Rifai, Minister of Economy, Syria will be licensing the first private banks by the end of the fall of this year.
13-05-2002
Salah Kamel, head of the Saudi Dallah al Baraka conglomerate has announced that it had forwarded an application for the set up of a private bank in Syria.
02-05-2002
The EU and Syria have agreed on 24 April on a " National Indicative Programme " for EU grant co-operation programme for the years 2002 to 2004.
26-04-2002
The European Union representation in Damascus announced Thursday that the EU would grant EUR 93 million (USD 83 million) to Syria over three years, from 2002 to 2004.
22-04-2002
Japan has awarded a YEN796 million (USD6 million) grant for the rehabilitation of water distribution pipelines in Damascus city.
13-04-2002
The European Commission has released a call to tender for assisting the establishment of Syria's future "Higher Institute of Business Administration".
13-04-2002
The Syrian Commercial Bank is readying to retire 42 of its senior executives, reported Teshreen.
09-04-2002
Syria and Bahrein ended yesterday their joint committee meeting with the signing of a series of cooperation agreements and memorandums of understanding.
08-04-2002
The Syrian industrialists businesswomen council has denied it has any plan to set up a women-dedicated bank.

Events

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