Latest economic and financial news about Syria, currency markets, and regional economy updates.
An agreement signed in Damascus on 16 September 2026 launches the first syndicated bank loan structured under Islamic finance since the transition, directing funds to three urban projects in the capital, including the Al-Mujtahid tunnel.
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Deir ez-Zor has begun clearing an estimated 10 million tons of war debris and outlined plans for a new city of about 100,000 homes, projects presented as an international reconstruction fair closed in Damascus on 16 September 2026.
Read More →Iraqi fuel routed through Syria to the Mediterranean has surged since March 2026: tankers crossing from Iraq rose from 44 a day to about 1,500 and monthly volumes climbed from 245,000 to 8.43 million barrels, as Strait of Hormuz disruptions reshape regional trade.
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A Qatari contractor has been awarded a roughly $150 million tender to rehabilitate a 215-kilometer road network linking Damascus to the Iraqi border, with the work set to run for 800 days.
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Syria's finance ministry and an IMF mission discussed on 13 September 2026 adopting the latest government finance statistics manual, during a two-week visit, as the Fund projects growth above 10 percent this year.
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Authorities confirmed on 13 September 2026 that the price and weight of a bread bundle will not change despite higher fuel costs, after cutting bread-flour prices and raising the subsidy to 70 percent.
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A U.S. business delegation representing 50 companies and more than 80 executives began investment talks with Syrian officials in Damascus on 14 September 2026, in what organizers called the first corporate mission of its kind to the country.
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Syria's Ministry of Energy signed a ten-year partnership with Saudi technology firm Cashen on 13 September 2026 to build a national digital platform for monitoring and governing petroleum derivatives, starting with a 60-day pilot in Damascus.
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Syria's communications ministry signed an agreement on 13 September 2026 to build the “Ebla” submarine cable linking Tartus to Cyprus, with the national telecom operator, Cyprus's telecom authority, and a U.S. company. Service is planned for early 2028.
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The second edition of Syria's international reconstruction exhibition opens in Damascus on 14 September 2026, drawing 356 companies from 27 countries, with the number of represented trade agencies up 145 percent on the previous edition.
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