Retail & Trade

08-08-2011
Versace, a high-end Italian fashion brand, recently opened its first store in the Syrian capital in the upscale district of Abu Rummaneh.
25-07-2011
The Syrian government has reduced import tariffs on a wide range of consumer products and manufacturing inputs in a bid to reduce costs, as the month of Ramadan, a period of the year when demand peaks and prices rise, is set to begin.
03-07-2011
The Syrian President has issued a decree scrapping many penalties on companies established in the country’s free zones.
25-05-2011
Syria Duty Free, the company operating duty free shops on Syrian border ports, has been sold to unnamed Kuwaiti investors, the company said in a statement.
12-04-2011
Ayyam Gallery, a Damascus-based art gallery and one of the largest in the Middle East, has announced that it is pulling out of the Egyptian market.
10-04-2011
Zara, the global clothing retailer, opened its first store in central Damascus on March 30.
28-03-2011
Bilateral trade between France and Syria rose to EUR 737 million or around USD 1 billion last year according to French statistics.The figure represents a 13 percent increase compared to 2009 (EUR 651 million).
22-03-2011
Costa Coffee, a global chain of cafés, has closed most of its outlets in Damascus, citing operational losses.
06-12-2010
A new Presidential decree, passed on December 1, has increased customs fees by 70 percent on cars with engine sizes above 3,000 CC, according to Al Watan, a local daily.
01-11-2010
Smart Mart, a joint-venture between Syrian and Iraqi investors, is developing a number of supermarket stores in the region of Homs.
20-10-2010
Homs Fairgrounds has issued a tender for the management of the new exhibition centre the company is developing in Syria’s third largest city.
03-10-2010
Monoprix, a French supermarket chain, opened in first store in Syria on September 23.
06-09-2010
Scabal, a European fabrics and luxury menswear manufacturer, is opening its first store in Damascus.
29-08-2010
The Ministry of Economy has issued a decision obliging all importers of garments, shoes and home appliances to print their names on every item they import.
09-08-2010
The Fast Moving Consumer Goods sector or FMCG is a booming sector in Syria, following the liberalization of foreign trade, the establishment of free trade areas with Arab countries and Turkey and the general decrease in customs tariffs on imports.