Latest economic and financial news about Syria, currency markets, and regional economy updates.
Syria's central bank has published an official register of 39 licensed currency exchange firms and 10 domestic money-transfer companies, two days after warning 755 unlicensed operators across 10 provinces.
Read More →The Finance Ministry said no new national taxes have been imposed, tracing viral claims to a local licensing decision in Azaz, and said a new tax system will take effect at the start of 2027.
Read More →A Central Bank delegation led by Governor Safwat Raslan is attending the 2026 IMF and World Bank Group annual meetings in Bangkok from 12 to 18 October, part of a push to reintegrate Syria into the global financial system.
Read More →Fresh hiring contracts are unsettling Syria's public-sector pay ladder, where a 50 percent across-the-board raise and targeted increases have left seniority and wage gaps unresolved ahead of a planned 2027 overhaul.
Read More →A bipartisan group of US lawmakers welcomed Syria's move to modernize its labor law, noting that reforms could open the door to American development finance as Damascus amends its labor and social-insurance statutes.
Read More →A UAE developer signed a framework agreement with the Syrian government for residential and tourism projects in Damascus and Latakia, as Gulf firms and global hotel chains pledge billions of dollars toward reconstruction.
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Syria's central bank issued 755 warnings to unlicensed currency-exchange and money-transfer businesses across 10 governorates on 10 October 2026, in a joint campaign with the Interior Ministry to formalize the foreign-exchange market.
Read More →The governor of Syria's central bank said the institution has reactivated its accounts at the central banks of Turkey and France and at the US Federal Reserve, part of a push to reconnect the banking sector to the global financial system.
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Syria has opened a new eastern air corridor, L602, as overflights climb from 4,267 in February to 11,801 in May 2026, reviving a source of foreign-currency transit fees, though no revenue figure has been disclosed.
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France has begun a two-year technical assistance program for Syria's central bank, covering banking supervision, monetary policy and liquidity management, as Damascus works to reconnect its financial system to Europe.
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