Latest economic and financial news about Syria, currency markets, and regional economy updates.
The Dutch government said it will significantly expand its contribution to Syria's reconstruction while pressing for voluntary refugee returns, offering 5,000 euros per adult and 2,500 euros per minor child to those who go back.
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EU foreign policy chief Kaja Kallas will meet Syrian Foreign Minister Asaad al-Shaybani in Brussels on May 11, 2026, in the first high-level political dialogue between the two sides since the EU partly suspended its cooperation framework with Damascus in 2011.
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The Ministry of Economy and Industry on 9 May 2026 cut the standard ten-loaf bread bundle from 1,200 to 1,050 grams while keeping the retail price fixed at 4,000 Syrian pounds (SYP).
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Jordan's Interior Ministry on 29 April 2026 dropped its prior-approval requirement for Syrian businesspeople and investors holding excellent or first-class chamber membership cards, easing cross-border travel and trade between the two countries.
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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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