Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria's finance minister discussed with the World Bank's investment guarantee agency ways to cover investment risk, part of an effort to rebuild business confidence and attract capital to strategic projects.
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Import restrictions suspend lemon shipments from 1 October 2026 through 31 March 2027 and extend an apple import ban to 30 November, measures tied to the agricultural calendar and aimed at protecting local growers.
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The administration of the Hassia industrial zone and a private developer signed two memoranda on 5 October 2026 to launch the Surouh Industrial City on about 1 million square meters and to plan a 500,000-square-meter residential suburb for its workforce.
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A Central Bank of Syria delegation led by Governor Safwat Raslan met the U.S. Federal Reserve in New York on 5 October 2026 to discuss using Syria's account at the Fed and the legal and technical steps to advance banking cooperation between the two institutions.
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Syria's public works, housing and tourism ministries signed a framework agreement with UAE developer Eagle Hills on 5 October 2026 to build a residential complex in Damascus and a tourism project in Latakia, with President Ahmad al-Shara attending.
Read More →American companies are moving to enter Syria's market after Washington lifted its state-sponsor-of-terrorism designation, with a delegation of more than 50 firms visiting Damascus and Gulf pledges such as an $800 million Tartus port investment advancing.
Read More →A new residential project in southern Idlib will deliver 3,000 apartments across 51 towers, with turnkey units priced at up to US$600 per square meter and monthly installments starting at $200 over five years.
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Syrian finance officials met Mastercard's chief executive in New York to explore digitizing government payments, tax collection and salaries, months after the company restored the ability to process international card transactions inside the country.
Read More →Syria's power network gets about 11 million cubic meters of gas a day against the 20 million its plants need to run fully, as authorities add 400 megawatts of new units at Tishreen and sign 750 megawatts of wind and 1,000 of solar.
Read More →A Turkish company has signed a 30-year build-operate-transfer contract worth $200 million to rebuild and run the war-damaged Muslimiya cement plant in Aleppo, with a new line producing 5,000 tons of clinker a day planned within a year.
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