Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria's cotton harvest has risen to about 79,467 tons this season from roughly 69,587 tons a year earlier, while a ginning mill in Hama has restarted after a four-year halt and thousands of workers are being retrained.
Read More →
Syria's Investment Authority has brought together representatives of more than 26 ministries and public bodies to activate a single-window system meant to cut red tape and shorten approval times for investors.
Read More →Syria's transport ministry is tapping $247 million in foreign financing — a $47 million Kuwaiti road contract and a $200 million World Bank railway grant — while preparing to raise traffic fines up to 200-fold to match the pound's slide.
Read More →
The central banks of Syria and the United Arab Emirates signed a memorandum of understanding to cooperate on payment systems, monetary policy, financial technology, and financial inclusion, a step in Syria's effort to rebuild regional banking ties.
Read More →Construction on a rehabilitated oil pipeline linking Iraq to Syria's Mediterranean coast could begin in early 2027, with a target capacity of about two million barrels per day and a rehabilitation cost estimated at $300 million to $600 million.
Read More →The national carrier unveiled a new identity and a plan to expand from six to 12 aircraft and from nine to 25 destinations by the end of 2026, reconnecting the country to international air routes.
Read More →
Syria's finance minister discussed with the World Bank's investment guarantee agency ways to cover investment risk, part of an effort to rebuild business confidence and attract capital to strategic projects.
Read More →
Import restrictions suspend lemon shipments from 1 October 2026 through 31 March 2027 and extend an apple import ban to 30 November, measures tied to the agricultural calendar and aimed at protecting local growers.
Read More →
The administration of the Hassia industrial zone and a private developer signed two memoranda on 5 October 2026 to launch the Surouh Industrial City on about 1 million square meters and to plan a 500,000-square-meter residential suburb for its workforce.
Read More →
A Central Bank of Syria delegation led by Governor Safwat Raslan met the U.S. Federal Reserve in New York on 5 October 2026 to discuss using Syria's account at the Fed and the legal and technical steps to advance banking cooperation between the two institutions.
Read More →