Latest economic and financial news about Syria, currency markets, and regional economy updates.
The head of Syria's Investment Authority met a delegation from the International Finance Corporation on 3 June 2026 in Damascus to explore financing for energy and infrastructure projects and public-private partnerships.
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On 4 June 2026, the Commercial Bank of Syria urged borrowers with loans that defaulted before 18 March 2026 to settle under Decree 70, which waives late and contractual interest and penalties and reschedules debts above 100 million Syrian pounds.
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A basket of basic goods reached 2.17 million Syrian pounds in May 2026, up 10 percent in three months, as the cost of gas, water and food climbed across the country.
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A sharp rise in the Euphrates submerged 16,870 dunums of farmland across western Deir Ezzor on 2 June 2026, knocked 83 water stations offline, and triggered an emergency tanker operation and a damage survey for farmer compensation.
Read More →Syria's Popular Credit Bank resumed personal lending on 1 June 2026, offering limited-income public-sector employees loans of up to 10 million pounds at 9 to 9.5 percent, alongside first-ever bank guarantees and small-project financing.
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Etihad Airways will start regular direct flights between Abu Dhabi and Damascus International Airport on 14 June 2026, as Syria reopens its airports to international carriers and prepares to add more routes.
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Syrian airspace handled 11,801 transiting aircraft in May 2026, up from 2,468 a year earlier — a 378 percent jump that officials say reflects renewed airline confidence and a recovery of overflight traffic across the country.
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Syria is positioning itself as a transit corridor between the Gulf and Europe, citing a 7 April 2026 transport pact with Jordan and Turkey and the resumption of Iraqi oil exports through the port of Banias.
Read More →Daraa province opened its wheat procurement season on 1 June 2026, reactivating a grain center shut for over a decade and targeting about 106,000 tons through four collection points and an electronic booking system.
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At a Damascus conference on 1 June 2026, Syrian ministers outlined a shift toward a private-sector-led economy, promising four-year tax exemptions, sovereign-guaranteed bank financing, and a revised tax system.
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