DayPress News | ECONOMY

Syrian-Iraqi Transport Cooperation

Sun, 05 Feb 2012 14:22:04 GMT

DAMASCUS- A meetings of the Syrian-Iraqi Transport Committee held in Damascus Saturday. The Committee focused on means of enhancing bilateral cooperation and enforcing agreements

Iraq becomes Dollar source as Sanctions hit Syria, Iran

Wed, 01 Feb 2012 15:54:23 GMT

IRAQ- Discounted Iranian rials and Syrian pounds are pouring into the Iraqi shops as Western economic sanctions against those two countries make it harder for them to conduct trade with much

SYP/USD Exchange Rate Increases by 0.08%

Wed, 01 Feb 2012 15:12:26 GMT

DAMASCUS- According to the Central Bank of Syria (CBS) weekly report, the SYP/USD opened the week's trade at SYP 57.81and closed at 57.86, recording a 0.08 % rise, while the Euro

Syrian Cabinet discussed Economic Situation

Wed, 01 Feb 2012 13:11:17 GMT

DAMASCUS- The Cabinet held a meeting Tuesday chaired by Prime Minister Dr. Adel Safar and discussed the economic situation in light of escalating foreign pressure and its repercussion on

Syria Economy on the Ropes

Sun, 29 Jan 2012 13:42:12 GMT

Months of unrest, increasing international sanctions and questionable fiscal policies - as Syria lurches toward outright civil warfare - are taking a heavy toll on the nation's economy

Syrians pay the Cost of Conflict

Sat, 28 Jan 2012 10:50:44 GMT

SYRIA- As the UN Security Council prepared to meet for talks on the country’s worsening crisis, activists claimed President Bashar al-Assad’s security forces had launched offensives in the protest

Canada set to expand Sanctions on Syria

Thu, 26 Jan 2012 14:30:57 GMT

OTTAWA- Canada is expanding its sanctions on Syria, adding new names to the list of people and organizations that face travel bans and asset freezes in Canada. At a joint press conference with

Damascenes feel Economic Bite of Syria Unrest

Thu, 26 Jan 2012 14:14:48 GMT

DAMASCUS- For many months central Damascus seemed immune to the unrest which erupted against President Bashar al-Assad`s regime in the south of the country in March and has

Syrian Cabinet approves Bill for Internet Communication & Cybercrime

Tue, 24 Jan 2012 14:50:30 GMT

DAMASCUS- During a session chaired by Prime Minister Adel Safar, Syrian Cabinet approved on Tuesday a bill on organizing internet communication and combating cybercrime.

EU applies restrictive measures against Syria

Tue, 24 Jan 2012 14:33:40 GMT

BRUSSELS- The EU Council agreed on extending the restrictive measures against Syria relating to the EU's serious and deepening concerns over the violence situation in the country.

Syrians feel Sanctions

Mon, 23 Jan 2012 15:47:40 GMT

SYRIA- People across Syria are struggling to cope with continuous power outages of up to six hours every day, an increase in tariffs and oil and fuel shortages. Syrians are beginning to feel the

Syrian Economy, Crisis and U.S. & EU Sanctions

Sat, 21 Jan 2012 11:54:17 GMT

SYRIA- In a press conference Thursday, Minister of Oil and Mineral Resources Engineer Sufian Allaw declared that Syria's loss because of the unjustified sanctions imposed on Syrian Oil

Syrians cope Economic Crisis amid Uprising

Sat, 21 Jan 2012 08:36:21 GMT

BEIRUT- Syrians have been struggling to cope with shortages of heating oil and other fuel, electricity cuts of up to 16 hours a day and dwindling bank balances.

Syrian Pound & Crisis

Thu, 19 Jan 2012 15:04:24 GMT

DAMASCUS- The Syrian pound has plunged to a six-year low on the black market, trading Wednesday at 71 Syrian pounds against the dollar in a sign of growing economic woes.

Central Bank of Syria news

Thu, 19 Jan 2012 14:16:07 GMT

DAMASCUS- The Central Bank of Syria (CBS) on Thursday set the purchase price of the USD at SYP 57.54 while the selling rate was quoted at SYP 57.88.

Syria to support Public Industrial Sector

Thu, 19 Jan 2012 13:23:20 GMT

DAMASCUS- Prime Minister, Dr. Adel Safar on Thursday discussed with the chairman and members of the General Federation of Trade Unions means of supporting the public industrial sector

Syria sells Oil via Iran to Evade Embargo

Thu, 19 Jan 2012 12:55:05 GMT

Iran is selling Syrian crude on the Arab nation’s behalf to help the government of President Bashar al-Assad skirt international sanctions, the Wall Street Journal reported, citing U.S. officials

World Bank warns of Global Growth slowdown

Wed, 18 Jan 2012 13:04:41 GMT

BEIJING- A possible slump in global economic growth, the World Bank warned Wednesday and urged developing countries to prepare for shocks that could be more severe than the 2008 crisis

Oil, Food and Protest in Eastern Syria

Tue, 17 Jan 2012 14:06:46 GMT

DAMASCUS- Violence, poverty and fraying tribal loyalties are causing dangerous instability in Syria's oil-producing Deir Ezzour province.

Syria to build 50,000 Housing Units

Mon, 16 Jan 2012 11:21:42 GMT

DAMASCUS- Syria`s Prime Minister Dr. Adel Safar chaired Sunday a meeting to discuss the required mechanisms for implementing the governmental housing program which includes building