December 11, 2000
A senior source at the European Commission Office in Damascus revealed that the European Investment Bank will launch its first investment project in Syria next year. According to <I>Al-Watan</I> newsp
December 10, 2000
A joint Lebanese-Syrian technical team will start rehabilitating the Lebanese and Syrian sections of the Iraqi oil pipeline in January, the Daily Star
Financial cooperation between the European Union and Syria will gain new life this coming week, with the European Investment Bank (EIB) loaning Syria
The Saudi Syrian National Company will begin to produce and market various dairy products, yogurt and fruit juices in the beginning of next year.
The Syrian Customs General Authority has recently imposed new taxes on the import of new cars. As a result, a new car purchase remains a dream for millions of Syrians.
December 7, 2000
Syrians will soon be able to watch movies of choice and without having to pay a fortune.
Graced with high oil prices, Syria has traded in its policy of financial austerity for heavy spending, aiming to rekindle growth in a country long known for its stagnating economy.
December 6, 2000
Syria ordered three civilian radar systems last month, valuing a total of $29 million from the Anglo-Italian company AleniaMarconi Systems.
The Syrian Aviation Public Authority reported that 2,800 airplanes had landed and taken off at the Syrian airports in June 2000, translating into a 13 percent increase since June 1999.
Aram Saleeba, the director general of Syria’s giant Al-Hasaka irrigation and land reclamation undertaking has provided additional details about the project.
The Syrian parliament has approved a government budget of 322 billion Syrian pounds (seven billion dollars) for 2001, an increase of 16.9 percent on this year, the official press reported Tuesday.
December 5, 2000
Syrian President Bashar al-Assad last month married in a discreet ceremony a young woman from a prominent Sunni family.
The Societe Generale Libano-europeenne de Banque (SGLEB) is the first international private bank to open a branch in a free zone in Syria, an advertisement said Monday, December 4, in the press.
The Societe Generale Libano-europeenne de Banque (SGLEB) is the first international private bank to open a branch in a free zone in Syria, an advertisement said Monday, December 4, in the press. The S
December 4, 2000
President Bashar Assad approved sweeping economic reforms for Syria on Saturday, December 2, including the establishment of private banks to end nearly 40 years of government monopoly of the banking s