Latest economic and financial news about Syria, currency markets, and regional economy updates.
The Central Bank of Syria reopened its Idlib branch on 1 July 2026 after a decade-long closure, pledging to phase the Turkish lira out of local circulation and steer transactions back to the Syrian pound.
Read More →
Syria's Finance Ministry issued updated instructions for a consumer spending levy dating to 2015, saying they add no new tax but standardize how the charge applies to local and imported goods. The levy took effect in June after years of partial enforcement.
Read More →
Syria's Agriculture Ministry is studying a reference pricing system for poultry to curb sudden swings in white-meat prices, while a national committee has halted imports of broilers and chicks to protect local farmers.
Read More →
The Syrian pound has firmed against the dollar, easing to about 13,100 to the dollar on 1 July 2026, yet prices for staples and cleaning goods remain elevated, with some household products up about 20 percent.
Read More →
A vessel carrying modern cargo-handling equipment for DP World docked at Syria's Tartus port on 1 July 2026, delivering a 125-ton German crane as the first stage of a program to rehabilitate the Mediterranean port's aging infrastructure.
Read More →
The Energy Ministry said on 30 June 2026 that congestion at some fuel stations is a temporary supply bottleneck, not a shortage, blaming a buying rush sparked by price rumors. It followed an approved cut in petroleum prices of more than 14 to 20 percent.
Read More →
Kuwait's Zain has secured a 20-year license to operate a mobile network in Syria, pledging more than $1.5 billion. The operator will hold 75 percent of the venture, with Syria's sovereign fund taking the rest.
Read More →
Syria's Finance Ministry confirmed the income tax filing deadline for companies and large taxpayers will not move past 30 June 2026, with late penalties starting the next day. A 30-day extension granted on 18 May will be the last.
Read More →
Syria's finance ministry says retirement pensions raised 30 percent under a May 2026 presidential decree will be paid within days, after executive instructions were finalized to disburse them without delay.
Read More →
About 11,000 calves shipped from Brazil have passed through Syria from the port of Tartous to Iraq via the Al-Tanf crossing, with the movement projected to reach roughly 50,000 head as the country positions itself as a regional transit corridor.
Read More →