Latest economic and financial news about Syria, currency markets, and regional economy updates.
The Central Bank of Syria says citizens keep the right to exchange old banknotes for five years after the 30 July deadline for swaps through banks and exchange firms, as the pound trades near 14,600 to the dollar.
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A delegation from the Islamic Development Bank met Syria's transport minister to assess roughly 10,000 kilometers of primary roads and study five strategic corridors spanning some 1,500 kilometers.
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Syria's state holding company has launched the New Damascus Icon and its Damascus Financial Center, a six-tower complex in the capital's Baramkeh district expected to create 15,000 jobs.
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Syria's transport ministry earmarked about $15 million to rehabilitate roads and bridges across Raqqa province in 2026, while opening talks with the Saudi Development Fund for a concessional loan to build two new bridges linking Raqqa and Deir ez-Zor.
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Syria has granted defaulting borrowers at state banks an additional month to settle non-performing loans under Decree No. 70 of 2026, keeping waivers on penalty and contractual interest in place.
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Syria's National Import and Export Committee has halted imports of broiler, white, and feathered chicks until further notice, citing protection of domestic producers under Decree No. 107 of 2026.
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Syria's transport minister on 9 June 2026 outlined plans to reactivate land and rail networks, including a roughly $250 million Damascus-Jordan railway, positioning the country as a regional transit route. Financing is still under study.
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Syria's Ministry of Energy met the World Bank on 9 June 2026 to expand cooperation on rebuilding the electricity sector, focusing on technical, administrative, and financial upgrades. No figures or timelines were announced.
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A Turkish low-cost carrier ran its first flight from Istanbul's Sabiha Gokcen airport to Aleppo on 9 June 2026, adding a regular international link as the city's airport rebuilds passenger traffic.
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A proposed land corridor backed by roughly $5.5 billion would route freight from the Gulf through Syria, Jordan and Saudi Arabia toward Europe, reviving a rail link near the Syrian border idle for 15 years.
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