Latest economic and financial news about Syria, currency markets, and regional economy updates.
Tartus port handled 298 vessels and more than 2.75 million tons of cargo in the first four months of 2026, with phosphate exports and rising imports lifting throughput at Syria's main Mediterranean harbor.
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Bimera completed Syria's first trial electronic payment via the Visa and Mastercard networks on 9 May 2026, ending a 15-year break in international card processing inside the country.
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After approving a $225 million water and health package on 23 April 2026, the World Bank is preparing roughly $1.4 billion in additional grants for Syria across multiple sectors, the largest pipeline of multilateral grants on the table for Damascus since before 2011.
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Croatian energy firm INA and Hungary's MOL Group are exploring a return to upstream operations in Syria after a 14-year suspension, with a joint technical team now assessing fields that produced 37,300 barrels per day before 2011.
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Syria may not need to import wheat in 2026, with about one million tons in storage and 1.5 million tons of new harvest incoming against annual demand of 2.5 million tons, the Syrian Grain Corporation said.
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Mastercard has completed technical readiness to process international card transactions inside Syria, ending more than 15 years of isolation. The Central Bank approved global payment networks on 4 May 2026, and Qatar National Bank became the first lender to launch the service.
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Remote sensing data shows Syria recorded no drought in April 2026, with vegetation cover more than 20% above the 20-year average and early-May rainfall ranking among the wettest in three decades.
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Aleppo International Airport handled 24,854 travelers and 264 flights from seven airlines in April 2026, while Syrian airspace recorded 2,523 aircraft transits and twelve international carriers resumed routes into Syria.
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After Syria raised fuel prices 17–30% on 7 May 2026, economists warn the knock-on effect on transport, food, and imported goods could lift market prices by 50–60% across staples and freight within weeks.
Read More →Jordan will admit Syrian businesspeople and investors who hold premium or first-tier membership cards from Syrian chambers of commerce and industry without prior approvals, an Arab chamber official disclosed on 7 May 2026.
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