Gold prices stable in Syria as global bullion prices rebound
Damascus, Aug. 19 (SANA) Gold prices remained stable in the Syrian market Wednesday, while global bullion prices rebounded as the…
Syria produces 14.8 million barrels of crude oil in first half of 2026
Damascus, Aug. 19 (SANA) Syria produced 14.8 million barrels of crude oil and 1.429 billion cubic meters of raw natural…
Dollar hovers near multi-month lows as oil prices hit three-week high
Washington, Aug. 19 (SANA) The US dollar remained near multi-month lows against major currencies Wednesday as Treasury yields retreated and…
Syria adopts electronic payment and transfer system
Damascus, Aug. 19 (SANA) The Central Bank of Syria announced the adoption of an electronic payment and transfer system to…
Investors demand higher returns as US debt approaches $40 trillion
New York, Aug. 18 (SANA) Rising yields at US Treasury auctions are increasing Washington’s borrowing costs as investors demand greater…
Second edition of TEXPO technology exhibition announced in Damascus
Damascus, Aug. 18 (SANA) The second edition of the TEXPO International Technology and Innovation Exhibition will take place from Oct.…
Al-Tanf crossing records 65,000 tankers, 10,000 trucks since reopening
Homs, Aug. 17 (SANA) Al-Tanf border crossing with Iraq has recorded growing commercial traffic since reopening in early April, with…
US stocks hover near record highs as investors await retail earnings
New York, Aug. 17 (SANA) US stocks traded close to record levels Monday as investors awaited earnings from major retailers…
21-carat gold price rises by SYP 100 in Syrian market
Damascus, Aug. 17 (SANA) The price of 21-caratgold rose by SYP 100 per gram in the Syrian market Monday compared…
South Korean oil tanker takes Suez route amid Strait of Hormuz closure
Seoul, Aug. 17 (SANA) A South Korean oil tanker is heading home with crude loaded at Saudi Arabia’s Yanbu port…
Gold edges higher as dollar weakens, rate hike expectations fade
Washington, Aug. 17 (SANA) Gold prices edged higher on Monday, supported by a weaker dollar and U.S. economic data that…
Türkiye expands border crossings with Syria to boost trade
Ankara, Aug. 16 (SANA) Türkiye is expanding and upgrading several customs crossings along its border with Syria as it seeks…
US retail sales post sharpest decline in more than a year
New York, Aug. 16 (SANA) US retail sales unexpectedly fell 0.6% in July, their steepest decline since May 2025, as…
German investment in US falls 80% amid tariff uncertainty
Berlin, Aug. 16 (SANA) German companies’ direct investment in the United States fell to $5 billion in the first half…
Syria forms business councils with Cyprus, Czech Republic
Damascus, Aug. 16 (SANA) Minister of Economy and Industry Nidal al-Shaar issued decisions on Sunday forming the Syrian-Cypriot and Syrian-Czech…
Broad international participation expected at 63rd Damascus International Fair
Damascus, Aug. 16 (SANA) Director of the General Establishment for Exhibitions and International Markets Mohammad Hamza, , said the 63rd…
Russian diplomat says resumed Moscow-Damascus flights will boost bilateral ties
Damascus, Aug. 16 (SANA) The resumption of direct flights between Moscow and Damascus will strengthen cooperation between Syria and Russia…
Gold prices rise in Syrian market
Damascus, Aug. 16 (SANA) Gold prices rose in the Syrian market on Sunday, with 21-karat gold gaining 100 Syrian pounds…
Syrian-Turkish talks in Mersin to boost trade and develop ports
Ankara, Aug. 15 (SANA) A delegation from the Syrian General Authority of Ports and Customs, headed by Qutaiba Badawi, held…
Gold prices remain steady in Syrian markets
Damascus, Aug 15 (SANA) The price of a gram of 21-karat gold in the Syrian market remained unchanged on Saturday…
Oil Prices rise amid escalating tensions in the Strait of Hormuz
Washington, Aug. 15 (SANA) Crude oil futures rose by more than a dollar a barrel at settlement on Friday amid…
Syrian Investment Authority, Effect Plus sign deal to promote investment
Damascus, Aug. 14 (SANA) The Syrian Investment Authority and Effect Plus for Exhibitions and Conferences have signed a memorandum of…
First Homs Business Forum kicks off with over 700 participants
Homs, Aug. 13 (SANA) The first Homs Business Forum, organised by Homs Governorate, kicked off on Thursday with the participation…
Damascus Fair offers platform for investment, trade and global partnerships
Damascus, Aug.13 (SANA) Syria's trajectory toward full economic openness is accelerating at an unprecedented pace. Backed by expanding Western, Arab,…
Syrian railway reports sharp rise in freight shipments after network repairs
Damascus, Aug. 13 (SANA) Rail freight shipments in Syria rose by nearly 59% during the first seven months of 2026…
Syria, World Bank discuss financial reforms and development programs
Damascus, Aug. 13 (SANA) Syrian Finance Minister Mohammed Yisr Barnieh met Thursday with World Bank Division Director for the Middle…
Jordanian company proposes investment in Syria’s Sawwana phosphate mines
Homs, Aug. 13 (SANA) Jordanian company Arkan has submitted a proposal to invest in a phosphate block at the Sawwana…
Hapag-Lloyd says Middle East conflict, Hormuz closure cost $600 million
Berlin, Aug. 13 (SANA) German container shipping group Hapag-Lloyd said Thursday that the Middle East conflict and closure of the…
Oil slips on weaker demand outlook as gold hits two-month high
London/Washington, Aug. 13 (SANA) Oil prices edged lower on Thursday after forecasts pointed to weaker global demand, while gold climbed…
Natural disasters cause $100 billion in global losses in first half of 2026
Zurich, Aug. 13 (SANA) Natural disasters caused an estimated $100 billion in global economic losses in the first half of…
Syria-Türkiye shipyard deal boosts maritime industry
Damascus, Aug. 12 (SANA) Two economic experts told SANA that the Tartous Shipyard Agreement, signed between Syria’s General Authority for…
Syria, IFAD discuss sustainable projects to advance agricultural recovery
Damascus, Aug. 12 (SANA) Agriculture Minister Basel al-Suwaidan on Wednesday discussed with International Fund for Agricultural Development (IFAD) Representative to…
Gold price rises by 150 Syrian pounds in Syrian market
Damascus, Aug. 12 (SANA) The price of a gram of 21-karat gold in the Syrian market rose by 150 Syrian…
IEA sharply cuts 2026 global oil supply outlook amid Hormuz disruption
Damascus, Aug. 12 (SANA) The International Energy Agency (IEA) sharply lowered its forecast for global oil supply this year, citing…
Syria advances tax reform in talks with IMF, Bank of America
Damascus, Aug. 12 (SANA) Syria's Finance Minister Mohammed Yisr Barnieh discussed draft tax legislation with an International Monetary Fund (IMF)…
Four killed in Houthi attack in Bab al-Mandeb as Middle East shipping declines
Capitals, Aug. 12 (SANA) Four crew members were killed in a Houthi militia attack on a small cargo ship in…
Dollar steady ahead of U.S. inflation data
Washington, Aug. 12 (SANA) The U.S. dollar was little changed on Tuesday as investors awaited July consumer price data that…
Tartous Port’s quay 4 begins commercial operations
Tartous, Aug. 11 (SANA) Quay No. 4 at Tartous Port began commercial operations on Tuesday, receiving its first vessel and…
Gold prices edge higher in Syrian market
Damascus, August 11 (SANA) The price of a gram of 21-karat gold in the Syrian market rose by 50 Syrian…
Gold prices hit nine-week high as investors await U.S. inflation data
London, Aug. 11 (SANA) Gold prices rose to their highest level in nine weeks on Monday, supported by strong buying…
Agriculture minister, EMBS discuss cooperation on food safety and rural development
Damascus, Aug. 11 (SANA) Agriculture Minister Basel al-Suwaidan met on Monday with Esraa Hamdan, Chairwoman of EMBS Company for Administrative…
Deir Ezzor industrial city expected to create jobs, attract investment in Syria
Deir Ezzor, Aug. 11 (SANA) Deir Ezzor Governorate is anticipating the implementation of three major projects announced by President Ahmad…
Finance Minister: Syria’s economy expected to grow 11.3% in 2026
Damascus, Aug. 10 (SANA) Finance Minister Mohammed Yisr Barnieh said Syria's economy is expected to grow by 11.3% this year,…
Salam pushes for stronger economic ties with Syria
Beirut, Aug. 10 (SANA) Lebanese Prime Minister Nawaf Salam on Monday called for activating the Lebanese-Syrian Business Council to boost…
Tartous Port’s fourth quay brings added capacity, trade opportunities
Damascus, Aug. 10 (SANA) Syria's takeover of the fourth commercial quay at Tartous Port, under a memorandum of understanding with…
Syria, Saudi company sign MoU to explore fodder production projects
Damascus, Aug. 10 (SANA) Syria’s Agriculture Ministry and Saudi Arabia’s United Feeds Company signed a memorandum of understanding on Monday…
Syria expects cotton output to exceed 79,000 tons this season
Damascus, Aug. 10 (SANA) Syria’s cotton production is expected to reach about 79,467 tons this season, with the crop’s overall…
WFP flight arrives at Syria’s Deir Ezzor Airport to support humanitarian operations
Deir Ezzor, Aug. 10 (SANA) The first World Food Programme (WFP) flight arrived at Deir Ezzor International Airport on Monday,…
Oil prices rise amid uncertainty over reopening of Strait of Hormuz
London, Aug. 10 (SANA) Oil prices rose on Monday as uncertainty persisted over the reopening of the Strait of Hormuz…
Syria, American Swiss International sign MOU to develop livestock facilities
Damascus, Aug. 9 (SANA) Agriculture Minister Basel al-Suwaidan and Daniel al-Baroudi, a representative of American Swiss International, signed on Sunday…
Syria, Iraq to expand trade and open new markets
Damascus, Aug. 9 (SANA) Head of the Damascus Chamber of Industry Mohammad Ayman al-Moulawi met on Sunday with a delegation…
Syrian and U.S. officials discuss Syria’s reintegration into global financial system
Damascus, Aug. 9 (SANA) Syrian Finance Minister Mohammed Yisr Barnieh held talks with a senior U.S. Treasury official on Sunday…
Fire extinguished at Saudi Aramco facility in Jazan, no injuries reported
Riyadh, Aug. 9 (SANA) A fire that broke out at a Saudi Aramco facility in the southwestern Jazan region early…
Damascus industrial exhibitions draw over 10,000 visitors, see new business agreements
Damascus, Aug. 9 (SANA) More than 10,000 specialized visitors attended three industrial exhibitions in Damascus over four days, with participating…
Aleppo International Airport records more than 66,000 passengers in July
Aleppo, Aug. 8 (SANA) Aleppo International Airport handled more than 66,000 passengers on 608 flights in July, the General Authority…
China’s foreign exchange reserves rise to $3.4188 trillion in July
Beijing, Aug. 8 (SANA) China’s foreign exchange reserves stood at $3.4188 trillion at the end of July 2026, an increase…
Finance Minister: World Bank grants impose no financial burden on public treasury
Damascus, Aug. 8 (SANA) Finance Minister Mohammed Yisr Barnieh said that all World Bank grants provided to Syria so far…
Inspection uncovers financial violations at insurance branches in Aleppo
Aleppo, Aug. 8 (SANA) The Central Authority for Supervision and Inspection (CASI) said Saturday that a joint inspection campaign at…
Gold Prices Rise 300 Syrian Pounds in Local Market
Damascus, Aug. 8 (SANA) Gold prices in the local market rose by 300 Syrian pounds per gram on Saturday compared…
World Bank Approves $100 Million Grant for Financial Sector Modernization in Syria
Damascus, (SANA) The World Bank Board of Executive Directors approved a non-refundable $100 million grant to support the Financial Sector…
Oil prices rise 1.3% as Brent crude reaches $83.55 a barrel
Houston, Aug 8, (SANA) Oil prices rose at the close of trading on Friday, with Brent crude gaining $1.06, or…
Syria’s wheat production surges to more than 3 million tons in 2026
Damascus, Aug 8 (SANA) Syria’s wheat production is expected to exceed 3 million tons in 2026, marking a significant recovery…
Syrian, UAE economy ministers discuss expanding economic and investment cooperation
Dubai, Aug. 8 (SANA) Syrian Minister of Economy and Industry Nidal al-Shaar and UAE Minister of Economy and Tourism Abdulla…
Syria, Saudi Arabia discuss energy cooperation, renewable energy expansion
Damascus, Aug. 7 (SANA) Deputy Minister of Energy for Water and Electricity Affairs Osama Abu Zeid met on Friday with…
Damascus industrial exhibitions highlight investment and cooperation opportunities
Damascus, Aug. 7 (SANA) The “Meshhadani Industrial Trilogy,” comprising three specialized exhibitions, is bringing together more than 300 brands from…
Four Seas Initiative offers Syria new path to regional economic integration
Damascus, Aug. 7 (SANA) The “Four Seas” initiative is emerging as a major pathway for to restore its regional economic…
Barnieh reaffirms Syria’s commitment to effective management of World Bank grant
Damascus, Aug. 7 (SANA) Finance Minister Mohammed Yisr Barnieh expressed his gratitude to the World Bank Board of Executive Directors…
World Bank approves $100M grant to modernize Syria’s financial sector
Washington, Aug. 7 (SANA) The World Bank announced on Friday that its Board of Executive Directors approved a $100 million…
Raslan: World Bank grant supports development of Syria’s financial infrastructure
Damascus, Aug. 7 (SANA) Central Bank of Syria Governor Mohammed Safwat Raslan said that the World Bank's approval of a…
Gold prices set for biggest weekly gain since January amid lower oil prices
Washington, Aug. 7 (SANA) Gold prices rose on Friday, putting the metal on track for its biggest weekly gain since…
Baniyas port handles transit of more than two million tons of Iraqi oil
Tartous, Aug. 7 (SANA) Baniyas Port in Tartous Governorate has witnessed notable activity since the beginning of the year, receiving…
IMF assessment strengthens confidence in reforms guiding Syria’s economic recovery path
Damascus, Aug. 6 (SANA) The International Monetary Fund’s assessment of the sustained momentum of Syria’s economic recovery reflects the country’s…
Transport Minister, World Bank discuss support for Syria’s modern projects
Damascus, Aug.6 ( SANA) Transport Minister, Yarub Badr, discussed with Dr. Dahlia Khalifa, the newly-appointed World Bank director for the…
Finance Minister suspends 34 employees, refers them for investigation
Damascus, Aug. 6 (SANA) Syrian Finance Minister Mohammed Yisr Barnieh has suspended 34 employees from several finance directorates and the…
Corruption case worth $8.4 million uncovered at Real Estate Bank
Damascus, Aug. 6 (SANA) The Central Organisation for Financial Control (COFC) has uncovered a corruption case involving a 2021 contract…
Syrian ports revive commercial activity with nearly 1,000 vessels in first half of 2026
Damascus, Aug. 6 (SANA) Syrian ports have recorded a sharp increase in maritime traffic since the country's liberation at the…
Syria, Algeria to boost economic and industrial cooperation
Damascus, Aug. 5 (SANA) Syria and Algeria discussed on Wednesday ways to develop economic relations between the two countries in…
Syria receives 2.7 million tons of wheat, exceeding annual needs
Damascus, Aug. 5 (SANA) The Syrian Grain Establishment has received 2.7 million tons of wheat from this year's harvest across…
Syrian Electricity Company, Saudi Al-Harfi sign three agreements on energy production
Damascus, Aug. 5 (SANA) The Syrian Electricity Company (SEC) on Wednesday signed three agreements with Saudi Arabia's Al-Harfi Construction company…
Syria finance minister welcomes IMF positive outlook on economic recovery
Damascus, Aug. 5 (SANA) Syrian Finance Minister Mohamed Yisr Barnieh welcomed Tuesday the positive assessment issued by the International Monetary…
Oil prices fall 5% as U.S.-Iran talks ease Strait of Hormuz concerns
Washington, Aug. 5 (SANA) Oil prices fell more than 5% at settlement on Tuesday, reaching their lowest levels in three…
IMF: Syrian economy continues recovery, growth expected to exceed 10% in 2026
Washington, Aug. 4 (SANA) The International Monetary Fund (IMF) said the Syrian economy is continuing to show increasing signs of…
Energy Ministry discusses electricity sector priorities with international partners
Damascus, Aug. 4 (SANA) The Ministry of Energy, in cooperation with the UN Development Programme (UNDP), on Tuesday organized a…
Syria’s first synthetic fur factory opens in Damascus
Damascus, Aug. 4 (SANA) The United Fur Company factory opened on Tuesday in Adra Industrial City as the first facility…
Syrian Petroleum Company, HKN Energy discuss plans to develop Rmelan fields
Hasakah, Aug. 4 (SANA) Syrian Petroleum Company (SPC) CEO Youssef Qablawi and HKN Energy CEO Mark Rollins held a joint…
Contract signed for first integrated industrial mall at Sheikh Najjar Industrial City
Aleppo, Aug. 4 (SANA) The administration of Sheikh Najjar Industrial City in Aleppo signed an investment contract on Tuesday with…
Syria, UAE re-establish joint Business Council to boost economic cooperation
Abu Dhabi, August 4 (SANA) Syrian Minister of Economy and Industry Mohammad Nidal al-Shaar said Tuesday that restructuring the Syrian-UAE…
Syria, Belarus discuss expanding transport cooperation
Damascus, Aug. 4 (SANA) Syria and Belarus discussed on Tuesday ways to strengthen bilateral relations and expand cooperation in the…
Syrian Airlines expands network with new routes to Moscow, Amsterdam and Madinah
Damascus, Aug. 4 (SANA) Syrian Airlines is expanding its international route network with new and resumed direct services to Moscow,…
Pistachio harvest provides vital income for farmers in Syria’s Idlib
Idlib, Aug. 4 (SANA) The Syrian pistachio harvest is underway in Idlib province in northwestern Syria, providing an important source…