Latest economic and financial news about Syria, currency markets, and regional economy updates.
The General Establishment for Road Transport signed a $147 million investment contract on 26 October 2026 with a Qatari company to rebuild the 170-kilometer road from the Bisiri junction to the Tanf crossing, a corridor meant to boost trade with Iraq.
Read More →Syria's finance minister and a visiting IMF technical mission met in Damascus on 25 October 2026 to move ahead with the second phase of a macroeconomic forecasting and medium-term fiscal framework program, and to prepare for Article IV consultations.
Read More →The Damascus Governorate has renewed its call for people who lost money in the Shajarti scheme to register with the liquidation committee. The defunct company took billions of Syrian pounds from thousands with promises of high returns it never delivered.
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The state oil company began loading 250 diesel tankers at Baniyas for Aleppo and Idlib on 25 October 2026, an emergency response after pipeline damage near Homs disrupted supplies and left bakeries, transport, and water delivery short of fuel.
Read More →A deepening diesel shortage left fuel stations in Aleppo empty over the weekend, with public minibus service on some routes cut roughly in half and black-market diesel selling at 250 to 280 pounds a liter as a promised 48-hour fix neared its deadline.
Read More →Iraq began routing gasoline imports through the port of Baniyas in September 2026, with plans to raise truck traffic to about 200 tankers a day and new investment flowing into Syria's ports.
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The finance minister outlined plans to issue sovereign bonds next year and resume International Monetary Fund consultations in early 2027, while meeting the Saudi ambassador in Damascus on 23 October 2026 to advance financial cooperation.
Read More →A worsening diesel shortage across Latakia governorate emptied filling stations in the days before 23 October 2026, pressuring public transport, farming and winter heating as supplies ran thin.
Read More →Contracts to rehabilitate the Damascus–Homs, Homs–Aleppo and Saraqib–Idlib road axes have been awarded to a Syrian–Qatari consortium following an international tender, with signing expected within weeks as part of a three-year road program.
Read More →Syria's main Mediterranean port has taken delivery of six fifth-generation gantry cranes for its container terminal, part of an upgrade meant to speed cargo handling and strengthen Latakia's role as a regional trade gateway.
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