Latest economic and financial news about Syria, currency markets, and regional economy updates.
Iraq's border authority chief said reopening the Rabiah–Yaarubiya crossing with Syria will lift bilateral trade by about 20% in the first phase, after a joint ceremony held earlier this week.
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The Syrian government has moved all state salaries to Syrian pounds, closing a dual-dollar-and-pound payroll that ran from late 2024. A 50% wage increase takes effect on 1 May 2026 under a presidential decree.
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The Ministry of Economy and Industry ordered a nationwide tightening of meat-shop rules on 23 April 2026, banning pre-ground meat displays and requiring butchers to grind on request in full view of the customer.
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Sixteen new investors, including a Chinese iron manufacturer, subscribed to plots in Homs's Hasya Industrial City by 23 April 2026 under a subscription round offering 76 serviced plots, officials said.
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Central Bank Governor Abdulkader Husrieh announced on 23 April 2026 the creation of the Damascus Market for Foreign Currencies and Gold, citing Prime Minister Decision 189 of 2025 and targeting a unified, transparent exchange rate.
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Syria's Agriculture Ministry says recent storms, hail and floods will cut 2026 crop output, with the highest damage rates in Daraa countryside and damage to Idlib's Al-Sayha earthen dam.
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Syria's Ministry of Local Administration and Environment signed a memorandum of understanding with Turkey's Türksat on 21 April 2026, targeting data centers, smart-city platforms and a drop in real estate paperwork from weeks to one or two hours.
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Central Bank Governor Abdul Qader Al-Hasriya said developing Syria's money-changing sector is now essential to confidence in the financial system, citing unchecked informal markets and legacy laws ignored under the former government.
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Syria's energy minister said Jordanian gas imports and maintenance have pushed continuous electricity supply to 24 hours a day in parts of the country for the first time in years.
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The governor of the Central Bank of Syria rejected viral social-media claims that foreign remittances would be paid only in Syrian pounds, saying no such circular exists.
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