Latest economic and financial news about Syria, currency markets, and regional economy updates.
Two ships arrived at Syria's Tartus port from Romania on 12 May 2026 carrying 32,000 head of livestock destined for Jordan, in a transit shipment that officials linked to a rise in commercial traffic through the Mediterranean port.
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Syria's General Authority for Crossings and Customs has authorized investors operating in free zones to import used cars from neighboring countries, conditional on a written pledge that the vehicles will not be sold or registered locally.
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Iraq's General Customs Authority received its first cargo shipment under the international road transport (TIR) system from Syria bound for Kuwait on 11 May 2026, transiting the recently reopened al-Walid – al-Tanf border crossing.
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The first Syrian–Emirati Investment Forum opened at the People's Palace in Damascus on 11 May 2026, with officials disclosing $1.3 billion in non-oil bilateral trade for 2025 and tax exemptions of up to 80 percent for industrial investors.
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A Turkish garment manufacturers association has proposed leasing a strip of Syrian territory 15 to 30 kilometers deep for 99 years to host industrial production zones for returning refugees, drawing opposition from Turkish unions and domestic manufacturers.
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Five of eight primary grain silos in Hasaka governorate remain out of service, with the Syrian Grain Corporation rushing repairs ahead of a harvest expected to draw heavily on the northeast.
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Summer fruit and vegetable prices in Syria are climbing rather than easing, with traders citing the recent fuel-price hike's effect on transport costs as the main driver.
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Syria's Agriculture Ministry projects a 2.3 to 2.5 million ton wheat harvest this season, falling short of the 2.8 million ton target set under the official cultivation plan.
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Syria's anti–illegal gains commission will rule on 50 voluntary settlement requests from former-regime figures by 31 May 2026; refusals will be referred to the courts. The body has frozen assets and barred travel for two former officials.
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Syria has banned garlic imports just as Daraa province begins marketing a harvest estimated at 3,000 tons of dry garlic from 328 hectares, with green garlic selling for 3,500 to 6,000 Syrian pounds per kilogram.
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