Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria's public works, housing and tourism ministries signed a framework agreement with UAE developer Eagle Hills on 5 October 2026 to build a residential complex in Damascus and a tourism project in Latakia, with President Ahmad al-Shara attending.
Read More →American companies are moving to enter Syria's market after Washington lifted its state-sponsor-of-terrorism designation, with a delegation of more than 50 firms visiting Damascus and Gulf pledges such as an $800 million Tartus port investment advancing.
Read More →A new residential project in southern Idlib will deliver 3,000 apartments across 51 towers, with turnkey units priced at up to US$600 per square meter and monthly installments starting at $200 over five years.
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Syrian finance officials met Mastercard's chief executive in New York to explore digitizing government payments, tax collection and salaries, months after the company restored the ability to process international card transactions inside the country.
Read More →Syria's power network gets about 11 million cubic meters of gas a day against the 20 million its plants need to run fully, as authorities add 400 megawatts of new units at Tishreen and sign 750 megawatts of wind and 1,000 of solar.
Read More →A Turkish company has signed a 30-year build-operate-transfer contract worth $200 million to rebuild and run the war-damaged Muslimiya cement plant in Aleppo, with a new line producing 5,000 tons of clinker a day planned within a year.
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Syria's electricity output has climbed to about 3,500 megawatts, nearly four times the level recorded at liberation, as the Deir Ali and Nasiriyah plants returned to service within a day while the damaged Tishreen station stayed offline.
Read More →Syria's finance minister detailed a New York banking roundtable hosted by the US Treasury on 1 October 2026, where officials reviewed an external assessment of the financial sector and steps to reconnect Syrian banks to the global system.
Read More →Financial-standards experts have begun Syria's first on-site assessment since 2010, testing whether anti-money-laundering reforms work in practice as Damascus seeks removal from the international grey list and a path back into the global banking system.
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A cotton ginning plant in Muharda, Hama, resumed processing on 30 September 2026 after four years idle, taking in its first cotton shipment from the eastern provinces at a capacity of about 12 tons per shift.
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