05-12-2023
The Green Climate Fund (GCF), the world’s largest multilateral climate fund, has granted USD 1.9 million to the Syrian government in the past four years but could potentially attract much more. Countries must enhance the technical capacity of national institutions through a ‘Readiness Program' to access GCF funds. As of August, GCF has funded 709 ‘readiness requests’ worth a total of USD 527.6 million across 142 countries. In the case of Syria, the GCF has so far disbursed USD 873,300 out of the total USD 1.9 million granted.
29-11-2023
The Maersk Narmada vessel recently became the last Maersk vessel to dock in Syria, ending the company's ten-year operations in the country. The company's withdrawal is reportedly due to the difficulties of navigating sanctions.
31-10-2023
On October 18, the EU General Court issued six decisions ordering the Syrian government to repay 2017-2022 instalment dues for overdue loans totalling EUR 73 million and CHF 1.98 million.
17-10-2023
Damascus International Airport has resumed flights after being hit by an Israeli airstrike on October 12, while the Aleppo International Airport remains - at the moment of publishing - out of service after coming under Israeli fire twice, on October 12 and October 14. It appears flights in Aleppo airport will resume Wednesday 18, since two flights to Erbil and Sharjah are scheduled that day, according to Flightradar24.
03-10-2023
In September, a Syrian business delegation visited Greece and signed an agreement with the Piraeus Chamber of Commerce, one of the first such agreements at this level after more than a decade.
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.
