Latest economic and financial news about Syria, currency markets, and regional economy updates.
Executive instructions for Presidential Decree No. 68 are taking effect across health, higher education, and oversight bodies in Syria, with nursing staff and resident doctors reporting income gains aimed at curbing medical brain drain.
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Syria closed Spillway Gate 4 at the Euphrates dam, cutting water discharge to about 1,400 cubic meters per second as floodwaters began to recede in Raqqa and Deir ez-Zor on 30 May 2026 following coordination with Turkey to reduce upstream inflows.
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Syria's emergency minister reported on 29 May 2026 that the rising Euphrates has flooded about 5,000 dunams of farmland and affected 2,400 families, with one dam outlet to be closed on Saturday morning to lower water levels.
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The Ministry of Economy and Industry has dispatched 1,050 tons of flour to Deir ez-Zor to keep bakeries running after Euphrates flooding affected 2,400 families, with supplies drawn from reserves in Homs and Hama governorates.
Read More →Huawei, Fidi Contracting and other Chinese companies are accelerating reconstruction-era investments in Syria's telecoms, free zones and mining, even as Beijing remains uneasy over former Uyghur fighters now in the new army.
Read More →Syria's president signed a decree raising retirement and disability pensions by 30 percent, with a new minimum of 12,560 Syrian pounds per month, anchoring fixed incomes to the redenominated currency scale.
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The Local Administration Minister set a June 2026 deadline for most legislative updates and an end-of-year target for amending the contentious Law 107, while unveiling three digital projects including a Saudi-backed municipal automation deal.
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Tartous port loaded a maiden 10,000-ton sulfur shipment trucked through Jordan from Iraq on 25 May 2026, the opening leg of a roughly 1 million-ton transit programme that the transport ministry says will reposition the Mediterranean port as a regional logistics hub.
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Syria's economy ministry and Turkey's Isra Construction wrapped up final studies for a 255,000-square-metre expansion of Bab al-Hawa Industrial City, mapping infrastructure for roads, power, water and waste before construction begins.
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Hasaka province will open 20 grain-receiving centers on 1 June 2026 to handle this year's wheat crop, alongside a 20-point fire-prevention network deployed since mid-May to protect harvested fields.
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