Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria's electricity output has climbed to about 3,500 megawatts, nearly four times the level recorded at liberation, as the Deir Ali and Nasiriyah plants returned to service within a day while the damaged Tishreen station stayed offline.
Read More →Syria's finance minister detailed a New York banking roundtable hosted by the US Treasury on 1 October 2026, where officials reviewed an external assessment of the financial sector and steps to reconnect Syrian banks to the global system.
Read More →Financial-standards experts have begun Syria's first on-site assessment since 2010, testing whether anti-money-laundering reforms work in practice as Damascus seeks removal from the international grey list and a path back into the global banking system.
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A cotton ginning plant in Muharda, Hama, resumed processing on 30 September 2026 after four years idle, taking in its first cotton shipment from the eastern provinces at a capacity of about 12 tons per shift.
Read More →A Turkish company signed a 30-year build-operate-transfer contract on 1 October 2026 to rebuild and run the al-Muslimiyeh cement plant near Aleppo, pledging $200 million to add a line producing 5,000 tons of clinker a day within a year.
Read More →The King Salman Relief and Humanitarian Works Center has allocated $4.03 million to rehabilitate more than 980 damaged homes in Aleppo, Rif Dimashq, and Deir ez-Zor and to fund winter assistance for over 53,800 people across five Syrian provinces.
Read More →The Central Bank of Syria has begun a pilot phase for internationally usable bank cards on the Mastercard network, completing a first cross-border payment at Dubai International Airport as it moves to reconnect the banking sector to global payment systems.
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An explosion on a gas line at the Tishreen station forced three power generation plants offline on 30 September 2026, cutting output and lengthening electricity rationing hours, the national electricity company said.
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The government ordered a 30 percent cut in fuel allocations for state vehicles as part of broader measures to curb non-essential spending, while shielding salaries, essential services, and emergency vehicles from the reductions.
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A Saudi company signed a 15-year, $3 million contract on 29 September 2026 to run the Jobar technical slaughterhouse in Damascus as a commercial facility, with equipping due within eight months.
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