Latest economic and financial news about Syria, currency markets, and regional economy updates.
The first Syrian–Emirati Investment Forum opened at the People's Palace in Damascus on 11 May 2026, with officials disclosing $1.3 billion in non-oil bilateral trade for 2025 and tax exemptions of up to 80 percent for industrial investors.
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A Turkish garment manufacturers association has proposed leasing a strip of Syrian territory 15 to 30 kilometers deep for 99 years to host industrial production zones for returning refugees, drawing opposition from Turkish unions and domestic manufacturers.
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Five of eight primary grain silos in Hasaka governorate remain out of service, with the Syrian Grain Corporation rushing repairs ahead of a harvest expected to draw heavily on the northeast.
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Summer fruit and vegetable prices in Syria are climbing rather than easing, with traders citing the recent fuel-price hike's effect on transport costs as the main driver.
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Syria's Agriculture Ministry projects a 2.3 to 2.5 million ton wheat harvest this season, falling short of the 2.8 million ton target set under the official cultivation plan.
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Syria's anti–illegal gains commission will rule on 50 voluntary settlement requests from former-regime figures by 31 May 2026; refusals will be referred to the courts. The body has frozen assets and barred travel for two former officials.
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Syria has banned garlic imports just as Daraa province begins marketing a harvest estimated at 3,000 tons of dry garlic from 328 hectares, with green garlic selling for 3,500 to 6,000 Syrian pounds per kilogram.
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The Dutch government said it will significantly expand its contribution to Syria's reconstruction while pressing for voluntary refugee returns, offering 5,000 euros per adult and 2,500 euros per minor child to those who go back.
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EU foreign policy chief Kaja Kallas will meet Syrian Foreign Minister Asaad al-Shaybani in Brussels on May 11, 2026, in the first high-level political dialogue between the two sides since the EU partly suspended its cooperation framework with Damascus in 2011.
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The Ministry of Economy and Industry on 9 May 2026 cut the standard ten-loaf bread bundle from 1,200 to 1,050 grams while keeping the retail price fixed at 4,000 Syrian pounds (SYP).
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