The Syrian government announced in June the imposition of new restrictions on private sector imports, a move that reflects the authorities’ growing nervousness as all economic and financial indicators are …
Syrian economy
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The signing of several economic agreements on January 16 between Iran and Syria confirmed the persistently strong strategic relations between the two countries. However, contrary to a widely held belief, …
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One of the main questions surrounding the Syrian uprising at the beginning of 2012 was if and when an economic collapse would occur. As the year draws to a close, …
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A dozen men stand in silence watching as others brick up the shattered storefront of an industrial hardware shop. A mortar strike blew apart its façade only hours ago in …
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Among the less discussed symptoms of the collapsing Syrian state is the realigned trade balance with Lebanon. Before, everything from gasoline to eggs was sourced cheaply in Syria and sold …
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It took almost a full year before Aleppo, Syria’s second largest city by population, became an active part of the popular uprising that began engulfing the country in March 2011; …
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On March 18 the Syrian government announced it would set price controls for a whole set of key commodity items, and that all retailers will have to comply with the …
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The unrest gripping Syria may have created havoc on the economy, but there is one industry that has benefitted from the turmoil — the real estate sector. Within days of …
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After months resisting the pressure, the Syrian pound dived in January against the United States dollar and other international currencies, forcing the central bank to announce that it would begin …
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The Syrian government’s admission in early December that the actual rate of unemployment in the country was anywhere between 22 percent and 30 percent testifies to the depth of the …
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