Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria's agriculture ministry set the sale price of wheat seed to farmers at 66,000 Syrian pounds (SYP) per ton for the 2026/2027 season, with a state fund covering the gap to cost. Farmers welcomed the figure but pressed for renewed fuel and fertilizer support.
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The Syrian Grain Establishment signed an investment contract with a Saudi firm to build three new mills and rehabilitate six others, with a combined daily capacity of 4,400 tons, in a move aimed at boosting flour output and food security.
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Syria's energy minister ordered tighter inspections at fuel stations and gas centers, with closures and license revocations for adulteration, meter tampering, and price manipulation, while speeding electronic licensing to widen station coverage.
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The state bakeries corporation introduced a camera-and-record system on 9 November 2026 to log every dough batch and verify how much subsidized flour bakeries actually use, aiming to stop diversion and waste.
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A 15-member Islamic Development Bank mission met Syria's finance minister in Damascus on 9 November 2026 to shape a three-year engagement framework, following an understanding to clear Syria's arrears to the bank.
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The Dboussiyeh border crossing in the Homs countryside resumed round-the-clock passenger and freight traffic with Lebanon on 9 November 2026, after rebuilding that expanded its area more than sevenfold.
Read More →A household needed roughly 7.26 million Syrian pounds a month to stay above the upper poverty line in April 2026, as housing and energy drove 75.7% of monthly inflation and annual inflation held at 27.5%.
Read More →The third session of the Syrian-Jordanian Higher Coordination Council in Damascus produced 11 agreements on 9 November 2026, covering trade, transport, energy and investment, as annual bilateral trade reached about $330 million.
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Five foreign engineering consulting firms have registered to work in Syria under a new 2026 framework, with the Engineers Syndicate expecting at least ten by year's end. Firms must partner with Syrian offices and pay a $3,000 registration fee.
Read More →Syria began distributing subsidized heating diesel at 115 pounds a liter in three provinces on 9 November 2026, allotting about 100 liters to each of roughly one million families under an estimated three-month winter plan.
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