Latest economic and financial news about Syria, currency markets, and regional economy updates.
Consumer-protection inspectors in Damascus recorded 61,447 supply and pricing violations in the first half of 2026 and struck 74 bakeries from official registers, many for selling underweight bread or misusing subsidized flour.
Read More →
The Ministry of Local Administration and Environment issued the first edition of a mandatory guide governing how local units award investment and contracting deals, built around the new Syrian pound and focused on protecting public funds.
Read More →
Sheikh Najjar Industrial City in Aleppo has signed a 25-year build-operate-transfer contract with a Dubai-registered firm to build the area's first integrated industrial mall, a 3,200-square-meter complex due in two years.
Read More →
Tartus Port has received 551 vessels and handled about 5 million tons of cargo since the start of 2026, as the port authority upgrades cranes and equipment to expand capacity.
Read More →Syria has told Washington it is ready to significantly reduce imports of Russian oil, now about 60,000 barrels a day, as the two sides discuss easing US sanctions and removing Syria from the state-sponsors-of-terrorism list.
Read More →
The Syrian Petroleum Company and US-based HKN Energy set out plans to raise output at the Rmeilan fields in Hasaka toward roughly 200,000 barrels a day, weeks after the American firm took over operations at Syria's largest oil cluster.
Read More →
The Ministry of Energy lowered the price of fuel oil for the productive sector to $400 a ton from $475, a $75 cut. Industrial producers said on 3 August 2026 the move would lower costs and strengthen the competitiveness of locally made goods.
Read More →
A visit by the president of Iraq's Kurdistan region to Damascus on 3 August 2026 spotlighted deepening cross-border commerce, with officials describing Syria as a transit corridor carrying construction materials, fertilizers, and food across a 600-kilometer frontier.
Read More →Syria's state property authority opened a national campaign on 2 August 2026 to recover public assets and fight corruption, flagging hundreds of properties tied to the Assad, Makhlouf, Shaleesh, and al-Jadaan families, mainly in Rif Dimashq and Latakia.
Read More →
Syria has secured World Bank approval of its 2026 performance and policy actions, unlocking larger concessional grant allocations for fiscal 2027 under the IDA's sustainable financing framework.
Read More →