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News | Oil & Gas
27-10-2026
Syria is rehabilitating its two operating oil refineries, recent maintenance works have stabilised output at Homs Refinery at around 55,000 barrels of oil per day (bopd) and a broader overhaul at Banias Refinery is targeting an increase from 80,000 bopd to 130,000 bopd. Meanwhile, the Syrian Petroleum Company (SPC) has yet to announce the award of a contract for a new 210,000-bopd refinery at Al-Furqlus, intended to replace the ageing Homs facility.
News | Telecoms & IT
27-10-2026
Syria is gearing up to enter the Artificial Intelligence (AI) field. In the last year and a half, the government has launched several projects to revamp the digital infrastructure needed to host AI, has announced plans to regulate AI, has inked deals to establish data centres, and has put forward a vision for the country to become a data transit hub. However, the country grapples with several structural challenges, chief among them: poor digital connectivity, unreliable electricity supply and low digital litreacy. This report offers an overview of the key developments in this field, emerging players, challenges and opportunities.
CHART OF THE WEEK
27-10-2026
Labour costs in construction projects across Syria vary significantly from one governorate to another.
News | Economy
27-10-2026
A total of 2,024 companies and foreign company branches were established in Syria between January 2025 and June 22, 2026. Damascus and Rural Damascus accounted for 83 percent of the total, while Saudi companies opened the largest number of branches in Syria.
DATA | Investment
28-10-2026
A total of 2,024 companies and foreign company branches were established in Syria between January 2025 and June 22, 2026. Damascus and Rural Damascus accounted for 83 percent of the total, while Saudi companies opened the largest number of branches in Syria.
Library | Political documents
28-10-2026
Minister Safadi expressed profound regret and sorrow at the civilian casualties among innocent people during these operations.
News | Economy
27-10-2026
In this interview, the Head of the Companies Directorate at the Ministry of Economy and Industry, Mohammad Allaq, discusses the regulatory framework and the business environment in Syria, ongoing administrative restructuring, digital transformation in the company registration process, and legislative updates aimed at supporting investment, startups, and economic development.
DATA | Real estate & HLP
28-10-2026
The following tables, obtained by The Syria Report from the Ministry of Emergency and Disaster Management, detail the volume of rubble (in cubic metres) removed by the ministry since April 2025 through projects or routine work.
Library | Charts
27-10-2026
Labour costs in construction projects across Syria vary significantly from one governorate to another.
News | Oil & Gas
20-10-2026
Maher Khalil Al-Hasan has been appointed CEO of the Syrian Petroleum Company (SPC), replacing Youssef Qablawi. The revamping of SPC leadership comes days after the Ministry of Energy acknowledged that a substandard gasoline shipment had damaged vehicles, and in the heels of a months-long controversy surrounding mismanagement in oil contracts in Deir-ez-Zor.
DATA | Telecoms & IT
Library | Legal database
27-10-2026
The following document is the specifications file (terms of reference) for a tender published earlier this year by the Syrian Petroleum Company to build a refinery in Al-Furqlus, Near Homs.
Companies
- Maraya Media Services LLC (one-person company)
Retail sale via mail order houses or via Internet (4791). - Alam Al-Awani NNG for Household Utensils LLC Wholesale on a fee or contract basis (4610).
- Tiger T.M.G for Trading LLC (one-person company) Wholesale on a fee or contract basis (4610).
- Tharwa for Trade and Contracting LLC Construction of buildings (4100).
- Enigma Tech LLC Wholesale on a fee or contract basis (4610).
- Voltic for Electrical Contracting LLC Wholesale on a fee or contract basis (4610).
Announcements
Currency Rates
| SELL | Change | ||
|---|---|---|---|
 USD |
 |
145 | 1.94 % |
 EUR |
|
161 | 1.38 % |
| October 27, 2026 | |||
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