Latest economic and financial news about Syria, currency markets, and regional economy updates.
Kuwaiti and Turkish companies held talks on expanding Deir Ezzor International Airport, weeks before its planned reopening in early August 2026 following the completion of rehabilitation work on 15 July.
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Syria launched a national anti-money-laundering strategy as a regional financial-standards body visited Damascus for the first time since 2010, part of a push to prepare for a 2027 evaluation and reconnect its banks to the international system.
Read More →Turkey's state-owned Ziraat Bank and private Aktif Bank have applied to open branches in Syria after the two governments agreed to admit Turkish lenders, a step that could route growing bilateral trade through formal banking instead of cash and informal transfers.
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Turkey's commerce minister set a $10 billion bilateral trade target with Syria, up from $3.75 billion last year, as transit routes reopened and a new Nusaybin-Qamishli crossing is due to open before the end of 2026.
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Syria logged 3.52 million visitors in the first half of 2026, more than double a year earlier, with foreign tourists up 448 percent. Officials tied the rebound to renewed confidence and flagged openings for hotel and hospitality investment.
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Syria is preparing its first sovereign sukuk since the change of government, aiming to raise $500 million to $900 million toward a projected $1.8 billion budget deficit while avoiding the inflation that comes with printing money. A first issue is not expected before late 2026.
Read More →A vehicle-manufacturing company owned by Syria's sovereign fund has signed a contract with Chinese manufacturer Yutong to build a modern vehicle plant in the country, in a deal centered on local production, technology transfer and training rather than imports.
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Syria's grain authority says it has taken in more than 2.4 million tons of this year's wheat and now holds about 3.31 million tons in reserve, after rehabilitating silos and opening 84 receiving centers across 11 governorates to secure flour for bakeries.
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A World Bank grant of $175 million will finance a six-year program to modernize Syrian agriculture, from crop production and livestock to digitizing the agriculture ministry, with technical preparations under way in Amman.
Read More →Syria unveiled a national strategy to combat money laundering, terrorism financing, and weapons proliferation on 21 July 2026, developed with UN support. The central bank governor said the plan aims to lift the country from the Financial Action Task Force gray list.
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