Latest economic and financial news about Syria, currency markets, and regional economy updates.
A passenger ship arrived at Latakia from Jounieh on 22 June 2026, the first scheduled sea crossing between Syria and Lebanon in years. The vessel carries about 350 passengers and will run two to three weekly sailings, with plans to extend to Turkey and Cyprus.
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Syria's energy ministry has formed a permanent committee under Decision No. 844 of 2026 to set petroleum and mineral prices, weighing global rates, costs, the Syrian pound's exchange rate, and subsidy mechanisms.
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Syria's agriculture minister and an Emirati food-security delegation outlined two planned agreements on farm investment and crop exports on 22 June 2026, with an initial 3,000-ton potato shipment set as a first step.
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The economy and industry minister has ordered branches of the precious metals authority in all governorates to license gold traders, hallmark metals, and oversee jewelry workshops.
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A legislative decree has waived interest and penalties on overdue social insurance contributions for 12,741 employers, with more than 10 billion pounds in charges exempted and nearly 38 billion collected.
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The Syrian Petroleum Company commissioned a new 25-ton-per-hour steam boiler at the Homs refinery and returned its Czech-built Unit 21 and asphalt facility to service, part of a broader push to rebuild domestic refining capacity.
Read More →The Qalaat al-Mudiq grain silo in Hama has returned to service after 10 months of rehabilitation, restoring 1,500 tons of daily wheat capacity as the 2026 marketing season gets under way.
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Syria's civil aviation authority is preparing to open direct flights between Damascus and Amsterdam in the first week of July 2026, alongside new Aleppo routes to Bucharest and Sharjah, widening the country's international connections.
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Syria expects its 2026 wheat harvest to roughly double to between 2.3 and 2.5 million tons, up from about 900,000 tons last year, though output still falls short of the roughly four million tons the country consumes each year.
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Syria's finance minister said the monthly public wage and salary bill has risen to 46 billion Syrian pounds from 11.3 billion, with retiree allocations climbing to more than 13.5 billion, in a step toward a unified national salary system funded without new borrowing.
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