News | Economy

03-10-2023
A Syrian business delegation visited Greece in September and signed an agreement with the Piraeus Chamber of Commerce to reignite economic ties between Tartous and Piraeus, one of the first such agreements at this level after more than a decade of diplomatic isolation and sanctions. The Hellenic government is one of the few European executives that reopened its embassy in Syria.

News | Economy

03-10-2023
Some three-quarters of the revenues generated by the AANES come from crude oil production, a dependency seen as a weakness by officials from the administration. Oil revenues generated by the AANES stood at USD 605 million in 2022 and represented 77 percent of total revenues, followed by custom duties worth USD 102.1 million.

CHART OF THE WEEK

03-10-2023
This chart provides an overview of the current and investment expenditures in the Syria's state budget between 2000 and 2023.

Library | Reports

03-10-2023
This report provides a detailed account of Mazen Hammad, a prominent businessman unknown prior to the beginning of the conflict, who has recently emerged as one of the key figures in the Syrian business community.

News | Economy

03-10-2023
Five months after Syria’s reinstatement in the Arab League, normalisation with Bashar Al-Assad seems to have yielded few Damascus concessions: captagon trade is surging, there is no sign of steps towards stabilisation, political reforms, or refugee return.

DATA | Energy

03-10-2023
The following table provides an overview of Iranian oil exports to Syria since April 2018. Data are available on a daily, monthly and quarterly basis.

News | Oil & Gas

03-10-2023
In the third quarter (Q3) of 2023, Iran oil shipments to Syria remained stable, registering a slight decrease compared to the previous quarter, but in line with the general upward trend in recent years.

DATA | Energy

03-10-2023
The following tables provide an overview of the prices of oil and gas products in Syria since March 2011.

Library | Political documents

29-09-2023
The following is a transcript of the briefing made by the U.N. Special Envoy for Syria Geir O. Pedersen Syria to the Security Council on September 27, 2023.

DATA | Finance

01-10-2023
The following table provides an overview of the black market rate and the official exchange rates set by the Central Bank of Syria.

News | Economy

26-09-2023
President Bashar Al-Assad’s handshake with Chinese leader Xi Jinping on September 22 marks a significant step in Syria’s reintegration into the global diplomatic sphere. Despite much fanfare, however, it is unlikely that promises by China's foreign minister Wang Yi’s “to take ties to a new level” will materialise into investments in Syria’s cash-strapped economy, given the recent decrease in China’s footprint in the country and Syria’s distressed business environment.

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Currency Rates

SELLChange
USD13,250-1.49 %
EUR13,888-2.58 %
October 3, 2023

Currency Rates