Latest economic and financial news about Syria, currency markets, and regional economy updates.
The Syrian Sovereign Fund and Investment Authority signed a memorandum with Saudi Arabia's Al-Muhaidib Group on 8 July 2026 to develop dairy and cattle-breeding projects and restart two of the country's largest milk factories idled during the war.
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Syria's Finance Ministry has established a Macro Fiscal Policy Unit in technical cooperation with the International Monetary Fund, tasking it with building a medium-term fiscal framework to guide the 2027 state budget and strengthen public financial management.
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Syria and France signed a package of strategic agreements on 7 July 2026 covering maritime and air transport, civil aviation, central banking, health and water, marking a broad reopening of economic ties between the two states.
Read More →Pensioners in Syria are receiving a 30 percent increase under a 2026 legislative decree, and the state Commercial Bank of Syria has raised its daily ATM withdrawal ceiling to help retirees collect the higher payments and ease crowding at cash machines.
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French energy major TotalEnergies will help extend and connect an oil pipeline carrying Iraqi crude to Syria's Mediterranean port of Banias, the energy minister said, as Damascus and Paris signed a package of strategic cooperation deals on 7 July 2026.
Read More →An international climate fund approved $27.7 million (USD) for Syria's first national project, aimed at easing water scarcity in the regions hit hardest by climate change, in a decision taken on 3 July 2026.
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Energy authorities documented 153 violations and closed eight fuel stations on 6 July 2026 for offenses including selling above set prices and diverting reserve stock, part of a drive to steady the fuel market.
Read More →Syria's precious-metals regulator has halted imports of gold coins and ounces, saying domestic output now meets demand and that counterfeit foreign pieces entered via unofficial crossings. Holders have one month to register existing stock for official hallmarking.
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Syria's agriculture ministry and two Emirati companies signed a memorandum on 6 July 2026 to build four processing centers and export farm goods to the UAE through Iraq.
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Syria's Ministry of Energy dispatched 400 tanker trucks carrying more than 9.6 million liters of gasoline to fuel stations across the governorates on 6 July 2026, part of a push to keep retail supply steady and balance distribution between regions.
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