Latest economic and financial news about Syria, currency markets, and regional economy updates.
Remote sensing data shows Syria recorded no drought in April 2026, with vegetation cover more than 20% above the 20-year average and early-May rainfall ranking among the wettest in three decades.
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Aleppo International Airport handled 24,854 travelers and 264 flights from seven airlines in April 2026, while Syrian airspace recorded 2,523 aircraft transits and twelve international carriers resumed routes into Syria.
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After Syria raised fuel prices 17–30% on 7 May 2026, economists warn the knock-on effect on transport, food, and imported goods could lift market prices by 50–60% across staples and freight within weeks.
Read More →Jordan will admit Syrian businesspeople and investors who hold premium or first-tier membership cards from Syrian chambers of commerce and industry without prior approvals, an Arab chamber official disclosed on 7 May 2026.
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Syria's state petroleum company issued a new pricing bulletin on Thursday, lifting Benzine 95 to $1.15 per liter and the residential gas cylinder to $12.50, with the dollar pegged at 133 new Syrian pounds for fuel transactions.
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Turkish Ambassador Noah Yilmaz inspected Tartous port and the Banias refinery on 7 May 2026, as Turkish firms scout maintenance, shipping and energy investments and Syria emerges as a transit corridor for Gulf-bound goods.
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Tanker convoys carrying Iraqi fuel oil are arriving steadily at Syria's Banias refinery via Tartous, with provincial energy authorities opening new unloading yards to absorb a flow that began on 1 April 2026.
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Syria's Deputy Energy Minister Ghiath Diyab held video talks with Jordanian and Lebanese counterparts to advance a draft agreement on gas supplies and a tri-nation electricity grid interconnection.
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Syrian Transport Minister Yarub Badr met a Turkish State Railways delegation in Damascus on 6 May 2026 to advance a rail corridor running from Turkey through Syria, Jordan and Saudi Arabia to the Gulf, citing supply-chain risks at the Strait of Hormuz.
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Industrial committees in Aleppo say new electricity bills are arriving in the millions of Syrian pounds, after the 30 October tariff set the third tier at 1,700 SYP per kilowatt-hour for factories needing round-the-clock supply.
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