Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria's transport minister outlined a plan to reactivate land transit with Turkey, Jordan and Saudi Arabia by the end of 2026, and confirmed talks with the World Bank for $65 million to $200 million in rail-sector grants.
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More than 500,000 used vehicles have entered Syria since late 2024 after import tariffs were cut by roughly 80 percent. Economists put the combined cost between $9 billion and $10 billion, raising concerns about hard-currency outflows.
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The pledge represents the largest single financing commitment Riyadh has disclosed for Syria, exceeding combined annual contributions reported between 2012 and 2025. Funds will support health, education, water, energy, housing and small enterprise programs over two years.
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The Syrian Post Institution resumed inter-governorate parcel and goods delivery on Sunday, 24 May 2026, ending a halt of more than ten years. The first phase routes parcels of up to 30 kilograms through central postal directorates in each province.
Read More →Poultry farmers from four governorates staged a sit-in outside Syria's Agriculture Ministry on 24 May 2026, demanding a halt to imports of broilers, chicks, and hatching eggs they say are pushing local farms out of operation.
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Hasaka education director Adnan Bari said about 19,400 teachers from the former Autonomous Administration will become permanent staff in Syria's Ministry of Education within a week, with a Kurdish curriculum running alongside the state syllabus until 2028.
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The head of Syria's Precious Metals Authority said on 23 May 2026 that tightened controls have brought most circulating gold into line with national specifications, with mobile calibration devices expected within three months.
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Syria's Investment Authority's Aleppo branch signed contracts on 24 May 2026 to redevelop the Western Ring project at a total cost of $70 million, with phase one to last six months.
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The finance ministry released implementing tables for salary increases under Decree 68 of 2026, covering health, education, and higher education staff, with payments split around the Eid al-Adha holiday.
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The Syrian Bakeries Establishment will shutter its facilities only on Wednesday 27 May 2026, the first day of Eid al-Adha, and operate at full capacity through the remaining holiday days to keep daily bread supplied nationwide.
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