Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria's state holding company has launched the New Damascus Icon and its Damascus Financial Center, a six-tower complex in the capital's Baramkeh district expected to create 15,000 jobs.
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Syria's transport ministry earmarked about $15 million to rehabilitate roads and bridges across Raqqa province in 2026, while opening talks with the Saudi Development Fund for a concessional loan to build two new bridges linking Raqqa and Deir ez-Zor.
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Syria has granted defaulting borrowers at state banks an additional month to settle non-performing loans under Decree No. 70 of 2026, keeping waivers on penalty and contractual interest in place.
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Syria's National Import and Export Committee has halted imports of broiler, white, and feathered chicks until further notice, citing protection of domestic producers under Decree No. 107 of 2026.
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Syria's transport minister on 9 June 2026 outlined plans to reactivate land and rail networks, including a roughly $250 million Damascus-Jordan railway, positioning the country as a regional transit route. Financing is still under study.
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Syria's Ministry of Energy met the World Bank on 9 June 2026 to expand cooperation on rebuilding the electricity sector, focusing on technical, administrative, and financial upgrades. No figures or timelines were announced.
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A Turkish low-cost carrier ran its first flight from Istanbul's Sabiha Gokcen airport to Aleppo on 9 June 2026, adding a regular international link as the city's airport rebuilds passenger traffic.
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A proposed land corridor backed by roughly $5.5 billion would route freight from the Gulf through Syria, Jordan and Saudi Arabia toward Europe, reviving a rail link near the Syrian border idle for 15 years.
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Syria's Homs refinery returned its 1.7-million-ton Unit 21 to service on 9 June 2026 after a full overhaul, expanding domestic output of gasoil, kerosene, and fuel oil for the local market.
Read More →Syria's national sovereign wealth fund, created by decree in 2025, holds about $2.5 billion in assets and oversees a project pipeline valued near $100 billion, including a Damascus New City development requiring up to $50 billion.
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