Economic academics: Lifting sanctions places Syrian economy on path to recovery and development
Damascus, SANA-Economic academics believe that lifting sanctions constitutes a fundamental step toward setting the Syrian economy and its various sectors…
Syria and (DP World) sign a $800 Million MoU to Develop Tartous Port
Damascus, SANA- The General Authority for Land and Sea Ports signed a memorandum of understanding (MOU) with Dubai Ports World…
Al-Mansour: Lifting sanctions on Syria is a strategic shift and a new starting point for economic recovery
Damascus, SANA- Waseem AL-Mansour, Head of the Central authority for Financial Control (CAFS) , affirmed that lifting sanctions on Syria…
Syrian Pound rises against US Dollar to SYP 11,000 per Dollar
Damascus, SANA- The exchange rate of the Syrian Pound (SYP) against the United States Dollar (USD) has increased to 11,000…
Syrian Specialized Exhibitions… hundreds of contracts and MoU among companies and visitors
Damascus, SANA. Events of Syrian Exhibitions' for 2025 concluded its activities Sunday with the participations of more than 500 local,…
Minister of Economy, European delegation discuss prospects for industrial and investment cooperation
Damascus, SANA-Minister of Economy and Industry, Dr. Mohammad Nidal al-Shaar, discussed with a delegation representing a number of European companies…
Turkish, British, and Qatari companies participate in Syria’s specialized exhibitions
Damascus, SANA-A number of foreign companies were keen to participate in Syria's specialized exhibitions for the year 2025, in a…
Economy Minister discusses possibility of supporting local projects in Idleb province
Idleb, SANA- Minister of Economy and Industry, Dr. Mohammad Nidal al-Shaar met Thursday, with a number of industrialists and traders…
Economy Minister: New economic plans in which the people participate with decision-maker
Damascus, SANA- Minister of Economy and Industry, Nidal al-Shaar said in a meeting with SANA agency that Syrian economy faces…
Minister of Finance thanks Qatar for generous grant to cover part of current salaries
Damascus, SANA-Finance Minister Dr. Mohammad Yusr Barniyeh expressed his gratitude to the Qatari government for the generous grant to cover…
With participation of more than 500 companies, Syria Specialized Exhibition Series 2025 kicks off
Damascus, SANA- With the participation of more than 500 local and foreign companies, the Syria Specialized Exhibition Series 2025 was…
Syria, IFC discuss ways of financial and economic collaboration
Damascus, SANA- Minister of Economy and Industry, Mohammad Nidal al-Shaar, discussed with the Regional Director of the International Finance Corporation…
Syria specialized exhibitions in construction, energy, and industry kick off Wednesday
Damascus, SANA- In cooperation with Ministries of Public Works and Housing, Energy, Economy, and Industry, Tayara International Exhibitions and Conferences…
Damascus Chamber of Commerce, UAE delegation discuss strengthening trade cooperation
Damascus, SANA-Chairman of the Damascus Chamber of Commerce, Issam al-Ghraywati, met Monday with Abdullah Lootah, UAE Deputy Minister of Cabinet…
Homs Agriculture Directorate announces early harvesting of wheat in Talkalakh
Homs, SANA- Homs Agriculture Directorate announced Monday the start of harvesting current wheat crop in Talkalakh area, from on May…
Third shipment of high-quality Syrian phosphate prepares to depart Tartous Port for Romania
Tartous, SANA- The third cargo ship, set to carry 30,000 metric tons of high-quality local phosphate, is preparing to depart…
IMF: We are officially communicating with Syria and are ready to support it
Washington, SANA - Jihad Azour, IMF Middle East and Central Asia director, affirmed the existence of official communication between the…
Syrian expatriates in Canada study possibility of investing in Hassia Industrial City
Homs, SANA-A delegation of Syrian expatriates residing in Canada visited Friday, the Hassia Industrial City and discussed the possibility of…
Discussing possibilities of reactivating Syria’s Oil Sector with CEO of British company Gulfstands
Damascus, SANA-Energy Minister Mohammad al-Bashir discussed with John Bell, CEO of the British company Gulfsands, ways to revitalize investment in…
CAFS, World Bank discuss cooperation in governance and institutional independence field
Damascus, SANA-Head of Central Agency for Financial Control (CAFS), Wassim al-Mansour, discussed with two representatives of the World Bank, Mohammad…
Homs governor discusses investment opportunities with a delegation from Syrian community in Canada
Homs-, SANA- Governor of Homs, Dr. Abdulrahman al-A’ama, discussed investment opportunities in Homs Governorate, particularly in Hasya Industrial City, with…
Syria, Turkey explore joint cooperation in electricity and energy sectors
Damascus, SANA-Minister of Energy, Engineer Mohammed al-Bashir, met Monday with the Turkish Ambassador in Damascus, Dr. Burhan Koroglu, to discuss…
Syria, Saudi Arabia discuss joint cooperation in fields of energy and electricity
Damascus, SANA-The Minister of Energy, Engineer Mohammed al-Bashir, met with the Ambassador of the Kingdom of Saudi Arabia in Damascus,…
Syria, UNDP discuss ways to bolster cooperation at industrial level
Damascus, SANA- Deputy Minister of Economy for Industrial Affairs, Mohammed Yassin Hourieh, discussed with representatives of United Nations Development Fund…
Jordanian business delegation discusses economic cooperation with Damascus Chamber of I
Damascus, SANA- - Chairman and members of the Board of Directors of Damascus Chamber of Industry and its Countryside, Eng.…
IMF, World Bank welcome efforts to reintegrate Syria into international community
Washington, SANA- The International Monetary Fund (IFM) and the World Bank welcomed in a joint statement on Thursday the efforts…
Syrian Airlines increases number of flights to Dubai to six flights per week
Damascus, SANA- Syrian Airlines has announced the enhancement of its flight schedule to Dubai, United Arab Emirates, by adding two…
World Bank affirms its readiness to support Syria
Washington, SANA- World Bank's Vice President for the Middle East and North Africa, Ousmane Dione, affirmed the bank's readiness to…
Turkish- Lufthansa joint airlines: We see Syria as an opportunity for growth and an att
Ankara, SANA- SunExpress, a joint venture between Turkish Airlines and Lufthansa said it sees Syria as an opportunity for growth…
Jordan: We seek constant communication with Syria to enhance cooperation between the tw
Amman, SANA-Jordanian Minister of Industry, Trade, and Supply, Yarub Qudah, affirmed that his country maintains constant communication with Syria to…
Economy and Industry Ministry licenses 345 industrial facilities in Q1 of current year
Damascus, SANA-The Ministry of Economy and Industry has announced the issuance of industrial licenses for 345 facilities across various sectors…
We strive to form Syrian-US Businessmen Association, says Economy and Industry Minister
Damascus, SANA-Minister of Economy and Industry Dr. Mohammad Nidal al-Shaar announced his efforts to assist and advise in the establishment…
Syrian industrial delegation explores Jordanian expertise to advance cement sector for reconstruction
Amman, SANA- A delegation from the Syrian Ministry of Industry concluded a visit to Jordan Saturday focused on fostering industrial…
World Bank meetings to discuss restoring support for Syria, UN official says
New York, SANA- Officials will discuss major steps to restore support for Syria from the World Bank and International Monetary…
The first Arab exhibition for Construction and Rebuilding kicks off in Aleppo province
Aleppo, SANA – Activities of the first Arab Construction Exhibition kicked off Thursday’s evening at Sheraton Hotel in Aleppo province,…
Minister of Energy discusses opportunities for cooperation with Kuwaiti delegation in t
Damascus-SANA-Energy Minister, Mohammad al-Bashir discussed with a Kuwaiti investment delegation opportunity for cooperation in the fields of energy, oil and…
Syrian-Turkish meeting discusses mechanisms to enhance economic cooperation
Damascus, SANA- Minister of Economy and Industry, Muhammad Nidal al-Shaar, discussed Thursday, with the Turkish Trade Minister Omer Bolat, a…
Strengthening prospects for joint cooperation during the Energy Minister’s discussions
Damascus, SANA- On Thursday, Minister of Energy, Mohammed al-Bashir discussed with a delegation from the Czech Embassy ways of cooperation…
Syria, Turkey discuss ways to boost trade exchange between the two countries
Damascus, SANA-Head of the General Authority for Land and Sea Ports, Qutaiba Badawi, held a meeting with the Turkish Minister…
“Invest in Syria Fund” project launched to encourage investments in the country
Damascus, SANA-The Syrian Forum and the Invest in Syria Fund launched the "Invest in Syria Fund" project to attract investments…
Syria, Turkey discuss cooperation in the financial domains
Damascus, SANA- Finance Minister Mohammed Yasar Barnieh discussed with a Turkish delegation headed by Turkish Trade Minister Omer Bolat mechanisms…
Minister al-Shaar receives Turkish Trade Minister at Damascus Airport
Damascus, SANA-As part of strengthening economic relations between the two countries, Minister of Economy and Industry Dr. Mohammad Nidal al-Shaar…
Syrian-Jordanian Free Zone Company 1st quarter revenues up 780%
Amman, SANA- The revenues of the Syrian-Jordanian Free Zone Company saw a remarkable increase of 780% during the first quarter…
Minister of Finance, World Bank delegation discuss modernization of Syria’s banking sector
Damascus, SANA- Minister of Finance, Mr. Mohammad Yusir Barneiah, has held discussions with a technical delegation from the World Bank…
Over 61,000 heads of male sheep and goats exported from Tartous Port to Saudi Arabia
Tartous, SANA- The Directorate of Agriculture in Tartous announced that the number of livestock exported this year, as of Monday,…
Three new facilities granted commercial registration in Hasya Industrial City
Homs, SANA- The Commercial Registration Office in Hasya Industrial City has granted commercial registration to three new industrial facilities. The…
Minister al-Shaar and Aleppo Governor inspect status of Sheikh Najjar Industrial City
Aleppo, SANA- Minister of Economy and Industry, Mr. Mohammad Nidal al-Shaar, and the Governor of Aleppo, Mr. Azzam al-Gharib, have…
Economy and Industry minister discusses challenges of the commercial and industrial sectors with Aleppo activists
Aleppo, SANA- Minister of Economy and Industry Dr. Mohammad Nidal al-Shaar and Aleppo governor, Azzam al-Gharib discussed the challenges facing…
Economy Minister discusses situation of industrial zones in Aleppo
Aleppo, SANA- Minister of Economy and Industry, Nidal al-Shaar met Sunday, with a number of traders and industrialists at the…
A meeting at Ministry of Economy and Industry to discuss challenges facing Syrian industry
Damascus, SANA- Minister of Economy and Industry, Mohammed Nidal al-Shaar discussed Thursday, in a meeting held at the Ministry's headquarters…
Central Bank: Inflation rate in Syria declines to 36.8% within a year
Damascus, SANA-The general inflation rate calculated in Syria for the period from March 2024 to February 2025 amounted to 36.8%,…
Minister of Economy discusses economic development priorities in Syria with World Bank representatives
Damascus, SANA-Minister of Economy and Industry, Basel Abdul Hannan, met Tuesday with representatives of the World Bank to discuss economic…
Syria produces 122,000 tons of olive oil
Damascus, SANA- Syria has more than 101 million olive trees, of which approximately 90 million are fruitful. Olive trees are…
Central Bank seizes counterfeit currency, urges against dealing with unlicensed entities
Damascus, SANA-The Central Bank of Syria announced that, in collaboration with the Damascus Governorate Police, it had seized counterfeit currency…
Mechanisms for taking over and supervising oil fields and wells in northeastern Syria discussed
Damascus, SANA- Minister of Petroleum and Mineral Resources, Ghiath Diab, discussed during his meeting Tuesday with the cadres of the…
30 new investors in Hasya Industrial City since the beginning of the liberation
Homs, SANA- Thirty new investors have joined the Hasya Industrial City since the beginning of the liberation, working across various…
Syrian-German talks on financial and banking cooperation
Damascus, SANA- Finance Minister Mohammad Abazid discussed with the German Special envoy to Syria, Stefan Schneck, ways of cooperation between…
Central Bank: Syria’s inflation rate drops to 46.7% in a year
Damascus, SANA- Syria's overall inflation rate for the period from February 2024 to January 2025 amounted 46.7%, which is below…
Adra Industrial City… Thousands of establishments supply the local market with their products
Damascus Countryside, SANA- Adra Industrial city, in Damascus countryside has formed one of the largest economic tributaries of the country.…
ACSAD and GIZ discuss ways to support the agricultural sector in Syria
Damascus, SANA- Director-General of the Arab Center for the Studies of Arid Zones and Dry Lands (ACSAD) , Dr. Nasr…
Ministers of Oil and Electricity discuss ways to improve basic services
Damascus, SANA- Minister of Oil and Mineral Resources, Ghiath Diab discussed Monday with Minister of Electricity, Eng. Omar Shaqrouq the…
Production wheel currently turning in 960 Facilities at Sheikh Najjar Industrial City
Aleppo, SANA- Sheikh Najjar Industrial City in Aleppo Governorate is a primary hub supporting the Syrian industrial sector across various…
Damascus Chamber of Industry discusses with Pakistan ways of strengthening and developi
Damascus, SANA- Chairman and members of the Board of Directors of Damascus Chamber of Industry and its Countryside, discussed with…
Economy minister, Syrian-Scandinavian Council discuss joint cooperation
Damascus, SANA-Economy minister Basil Abdul Hanan discussed with a delegation from the Syrian-Scandinavian Council, ways of joint cooperation in the…
Jordan exempts Syrian transit trucks from all fees and charges
Amman, SANA- The Jordanian Council of Ministers has decided to exempt Syrian trucks entering Jordan from all fees and charges…
Oil Minister: Lifting sanctions on Syria’s energy sector is a positive step to rebuild the national economy
Damascus, SANA-Minister of Oil and Mineral Resources ,Mr. Ghiath Diab ,welcomed the European Union's decision to lift sanctions on the…
Syria, World Bank discuss resuming relations and prospects for development
Damascus, SANA- Minister of Economy, Mr. Basil Abdel Hanan, discussed Monday with Mr. Jean-Christophe, the World Bank Country Director for…
Fourteen years of conflict unravel nearly four decades of economic, social and developm
New York, SANA- UN warned Syrian economy needed over five decades to recover to ‘pre-war level’ after fourteen years of…
EU suspends some sanctions on Syria’s key sectors to support reconstruction efforts
Brussels, SANA- The European Union on Monday announced suspending a number of restrictive measures imposed on Syria at the time…
Umm al-Zeitoun Industrial City in Sweida: A Vital Project Awaiting Further Support
Sweida, SANA- Relied upon to create new job opportunities for about 30,000 workers and enhance local production, Umm al-Zeitoun Industrial…
Economy Minister receives a delegation from the European Union Commission
Damascus, SANA-Economy Minister, Basel Abdul Hanan met Thursday with a delegation from the European Union Commission, to assess the economic…
Minister of Economy, EU Commission delegation discuss lifting all sanctions on Syria
Damascus, SANA- Caretaker Minister of Economy, Basel Abdul-Aziz Abdul Hannan, discussed with a delegation from the EU Commission the importance…
ACSAD, Arab Organization for Agricultural Development discuss cooperation to implement joint Agricultural development projects in Syria
Damascus, SANA-Dr. Nasr El-Din Al-Obeid, Director General of the Arab Center for Dry areas and Arid Zones(ACSAD), discussed with Professor…
Finance Minister meets a delegation of traders and industrialists,Damascus
Damascus, SANA- Minister of Finance, Mr. Mohammad Abazid met Wednesday, a delegation of traders and industrialists in Damascus province. During…
Minister of Economy, German Chargé d’Affaires discuss ways to promote relations betwee
Damascus, SANA- Minister of Economy, Bassel Abdul-Hanan discussed with the Chargé d'Affaires of the German Embassy in Damascus Ms. Margaret…
“Welcome Ramadan “shopping festival kicks off in Homs
Homs, SANA- The activities of the "Welcome Ramadan" shopping festival kicked off in the exhibition city in al-Waer neighborhood in…
Agriculture Ministry collaborates with FAO to develop strategic plan foundations
Damascus, SANA- Ministry of Agriculture and Agrarian Reform, in collaboration with the Food and Agriculture Organization of the United Nations…
Economy Minister meets delegation of Syrian community in France
Damascus-SANA- Minister of Economy, Bassel Abdul-Hanan met Sunday with a delegation from the Syrian community in France. In an official…
Union of Arab Banks to launch project for restructuring Syrian banking sector with Euro
Damascus, SANA- Dr. Wissam Fattouh, Secretary General of the Union of Arab Banks, announced Sunday the union's intention to launch…
IMF Director: We are ready to support Syria and have begun communicating with its officials
Riyadh, SANA- IMF Managing Director, Kristalina Georgieva, said that “We are ready to support Syria, and communication has already begun…
Economy Minister says protecting national products is not an option, but a duty
Damascus, SANA- Eng. Basel Abdul-Hanan, Minister of Economy and Foreign Trade, emphasized that protecting national products is not an option…
Syrian-Turkish discussions to activate goods transport agreements between them
Damascus, SANA- Deputy Minister of Transport, Muhammad Rahhal, held a virtual meeting via Zoom with his counterpart in the Turkish…
Central Bank of Syria: Syrian Pounds Arrive in Syria from Russia
Damascus, SANA- The media office of the Central Bank of Syria confirmed that the Syrian Pounds arrived in Syria from…
Syria, Pakistan explore means to enhance economic cooperation
Damascus, SANA- Syria and Pakistan have explored means to enhance economic cooperation between the two countries in various fields, and…
Syria’s 2024 inflation rate higher than Lebanon’s, lower than Turkey’s
Damascus – SANA – The overall inflation rate in Syria during 2024 under the rule of the former regime amounted…
Turkey lifts trade restrictions imposed on Syria
Ankara-SANA- Turkish Trade Ministry announced cancellation of restrictions imposed on Syria during the period of the defunct regime, making the…
Sanctions on Syrian banks choke recovery hopes, investment chief says
Damascus, SANA- Western sanctions on Syria's banking sector are preventing critical investments in the war-ravaged economy despite huge interest from…
Al-Khair Shopping Festival kicks off in Damascus with 118 participating companies
Damascus, SANA- Al-Khair Shopping Festival kicked off Sunday evening at al-Yarmouk Hall in al-Zahira neighborhood of Damascus. The event is…
Khan Al-Harir Textile Expo concludes with several marketing and export contracts signed
Damascus, SANA- The organizing committee of Khan Al-Harir Specialized Textile Exhibition "Spring and Summer 2025" announced that a number of…
Khan Al-Harir Expo kicks off With participation of 88 companies
Damascus, SANA-Activities of Khan Al-Harir Specialized Textile Exhibition “Spring and Summer 2025” in its sixth edition launched on Thursday evening…
