Latest economic and financial news about Syria, currency markets, and regional economy updates.
The Ports and Customs Authority adopted a new settlement guide for resolving customs violations under Decree No. 109 of 2026, replacing rates in force since January 2024 and taking effect on publication.
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The finance minister launched an electronic link on 19 August 2026 tying Popular Credit Bank to a private transfer network, adding about 220 outlets where customers, especially retirees, can withdraw and deposit cash.
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A presidential decision has adopted a national framework for electronic payments, tasking the central bank with licensing payment service providers, electronic money issuers, and payment system operators while cash transactions remain in place.
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A state grain center in eastern Idlib has returned to service after 14 years, taking in about 22,000 tons of wheat this season and easing transport costs for local farmers, with a mill and new silo planned to expand capacity.
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Farmers in Raqqa are still awaiting payment for wheat delivered to state centers this season. About 31% of some 3,600 invoice lists had been cleared as the governorate took in 300,000 tons, with a 25% advance available through a digital wallet.
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Syria's accounting and audit council has ordered insurance companies behind on their financial statements to file them under two reporting standards, and certified a chartered-accountant exam sat by 869 candidates.
Read More →DP World has delivered three mobile cranes to Tartus, completing the first stage of an $800 million program to modernize Syria's second-largest port under a 30-year concession and lift cargo-handling capacity by 40 percent.
Read More →Forty-two canning facilities in Daraa have resumed production for the tomato harvest, aided by a cut in industrial fuel oil prices from $475 to $400 per ton and customs exemptions on machinery.
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The Al-Tanf border crossing with Iraq has handled 65,000 fuel tankers and 10,000 trucks moving some 329,000 tons of goods since it reopened in early April 2026.
Read More →Rehabilitating an oil pipeline between Iraq and Syria would take at least four years and cost no less than $15 billion (USD), two people familiar with the project say, well beyond an earlier US estimate of about two years.
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