Syria and UAE Sign Food Security Deal With Iraq Export Route
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.
Read More →Economic News
Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria Sends 400 Tankers, 9.6 Million Liters of Gasoline to Stations
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.
Read More →
Syria Secures First Green Climate Fund Project Worth $27.7 Million
Syria secured approval for its first project financed by the Green Climate Fund, a $27.7 million program to strengthen water security and help farmland withstand growing water scarcity.
Read More →Damascus Fuel Stations Idle Two Days as Payments Shift to the Pound
Private fuel stations in Damascus stood idle for two days in early July 2026, forming long queues, after operators shifted from dollar to Syrian pound payments and days after official price cuts to gasoline and diesel.
Read More →
JPMorgan and Gulf Banks Arrange $7 Billion Loan for Syria Reconstruction
International lenders led by JPMorgan, Qatar National Bank and Abu Dhabi Commercial Bank have agreed to arrange about $7 billion for a power-generation program in Syria, one of the largest foreign financing commitments since the change of government.
Read More →
Syria Halts Court Action Against European Investment Bank Borrowers
Syria's finance ministry ordered public banks to pause legal action against European Investment Bank borrowers, a directive issued on 2 July 2026 under Decree No. 10 while a committee reviews the loan file.
Read More →
Saudi Firm ADES Begins Work to Lift Syria's Central Gas Output
The Syrian pound traded near 13,000 to the dollar this week as the state oil company handed central gas fields to the Saudi firm ADES on 2 July 2026, aiming to raise output 25 percent within six months and 50 percent by mid-2027.
Read More →
Syrian National Carrier Resumes Direct Amsterdam-Damascus Flights
The first direct flight of Syria's national carrier between Amsterdam and Damascus landed on 2 July 2026 after years of suspension, as air traffic over Syrian airspace rose 32.4 percent in June.
Read More →Arab States Back Syria's Return to International Olive Council
Arab delegations backed Syria's bid to rejoin the International Olive Council at a meeting concluded on 1 July 2026 in Lisbon, as officials work to finalize the legal procedures for membership and widen olive-oil export opportunities.
Read More →
Syria Raises 572,564 Pensions by at Least 30% Under Decree 135
Syria disbursed July pensions for 572,564 retirees and beneficiaries with increases of at least 30 percent under Decree 135, allocating about 6.32 billion Syrian pounds, with more than four in ten recipients gaining raises between 50 and 67 percent.
Read More →