Damasquino Mall, one of the largest commercial centres in Damascus, reopened its doors last week, a year after its closure.
Damascus is witnessing the opening of its latest commercial mall in the midst of a steep decline in consumer spending and a severe economic downturn.
Costa Coffee, a global chain of cafés, has closed most of its outlets in Damascus, citing operational losses.
Monoprix, a French supermarket chain, opened in first store in Syria on September 23.
Segafredo Zanetti, an international coffee and coffee shop brand, has added two new outlets in Syria, the firsts outside Damascus.
Trans Mall, a new 45,000sqm commercial mall located in Homs will open its doors next June.
Damascus had the 3rd most expensive retail rents in the Middle East according to a recent survey.
Damasquino Mall, the latest commercial mall of the Syrian capital, has announced its soft opening on December 30, 2008.
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