Latest economic and financial news about Syria, currency markets, and regional economy updates.
Direct commercial flights between Cairo and Damascus are set to return in mid-November 2026, ending a break that began in 2011, as a low-cost Egyptian carrier plans about seven weekly flights from Cairo and three from Hurghada.
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Syria's finance minister and a senior International Monetary Fund official met on the sidelines of the Fund's annual meetings in Bangkok to review the country's financial reforms and the preparations needed for an Article IV consultation.
Read More →The Syrian Petroleum Company began unloading a 29,964-ton diesel tanker at the Banias oil terminal on 15 October 2026 to stabilize supplies, as Hama, Aleppo and Idlib grapple with an acute fuel shortage ahead of winter.
Read More →The UN Refugee Agency is expanding cash assistance for Syrians returning home from Jordan, offering 70 dinars per person plus transport and vulnerability grants, with free registration opening on 18 October 2026.
Read More →Emirati developer Mohammed Alabbar says he intends to invest more than $16 billion in Syrian real estate and tourism, as his firm Eagle Hills signs a framework agreement for flagship projects in Damascus and Latakia.
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The Central Bank of Syria will begin legal action against unlicensed money-exchange and transfer operators on 18 October 2026, without further warning, after issuing 755 warnings earlier in the month.
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On the sidelines of the IMF and World Bank meetings in Bangkok, Syrian officials and the head of the Arab Fund for Economic and Social Development discussed rescheduling the country's debts from past development projects, with proposals expected in the coming weeks.
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Syria's finance minister and central bank governor met two US Treasury officials on the sidelines of the IMF and World Bank annual meetings in Bangkok on 14 October 2026, discussing banking reform, financial integrity, and anti-money-laundering standards.
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A build-operate-transfer agreement will have a private investor rehabilitate and run six state flour mills with a combined capacity of 3,000 tons a day, a step toward restoring Syria's war-damaged milling capacity.
Read More →The Netherlands will contribute 15 million euros by the end of 2026 to a new World Bank fund for rebuilding Syria's infrastructure and economy, with agriculture a priority, as Norway offered a matching pledge.
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