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Business & Finance

September, 2014

  • 2 September

    CBS injects USD 20 million for sale to restore stability in exchange market

    Damascus, SANA – The Central Bank of Syria (CBS) held Tuesday an emergency session to discuss the inflated exchange rate witnessed recently in the black market, during which it injected …

  • 1 September

    Estimated grape production is 204,000 tons, with Syria ranked second among Arab countries

    Damascus, SANA – Ministry of Agriculture has estimated Syria’s production of grapes for the current season at 204,000 tons. Director of Plant Production Department, Abdul-Mu’een al-Qadamani, indicated that the production …

August, 2014

  • 26 August

    Damascus Chamber of Commerce and officials discuss early recovery plan for industrial facilities

    Damascus, SANA – The Damascus and its Countryside Chamber of Commerce and representatives of al-Baath Party, Damascus Countryside Governorate, the Industry Directorate, and the Syrian Business and Establishments Center on …

  • 26 August

    ATMs, another victim of the terrorist and economic war imposed on Syria

    Damascus, SANA – Terrorism and international sanctions have conspired against the Syrian people, targeting almost every aspect of their life including their simplest means of living including ATMs, many of …

  • 24 August

    Commercial Bank of Syria: liquidity rises to 416 billion SYP

    Damascus, SANA-Director of the Commercial Bank of Syria CBS Firas Salman said Sunday the Bank’s liquidity has reached normal levels through the positive leap it has achieved since the beginning …

  • 21 August

    Central Bank of Syria holds interference session, offers USD 20 million for sale

    Damascus, SANA – Central Bank of Syria held on Thursday an emergency interference session to discuss the causes and factors of the recent decrease on the Syrian pound exchange rate …

  • 21 August

    President al-Assad issues legislative decrees on housing cooperatives and transfer of ownership of general establishments housing properties

    Damascus, SANA – President Bashar al-Assad on Wednesday issued legislative decree no. 36 for 2014 amending the law for housing cooperatives and legislative decree no. 37 for 2014 on the …

  • 20 August

    Syria, India to enhance industrial cooperation

    Damascus, SANA- Caretaker Minister of Industry Kamal al-Din Toma discussed Wednesday with representatives of Indian Cosmos Company prospects of cooperation in the industrial field and means of developing it for …

  • 20 August

    Economy Minister: Syria MOTEX indicates triumph of economy in face of siege

    Damascus, SANA – The Syrian MOTEX exhibition marked the triumph of Syrian economy in the face of the illegal blockade imposed on the country, caretaker Minister of Economy and Foreign …

  • 18 August

    Central Bank will no longer replace intentionally defaced paper currency

    Damascus, SANA – The Central Bank of Syria (CBS) announced on Monday that it will no longer be replacing paper currency that was defaced intentionally, and that any such currency …