Syria is initiating economic reformation by reopening its economic markets, which have been through complete Paralysis for the past six months- considering it as the longest shutdown ever since the over-decade war and sanctions.
Syria is reopening its economic markets after a six month shut down of the whole country’s economy- being it the longest economic pause the country has endured though the long-lasting war and imposed sanctions. Syria’s stock exchange was resumed, and the opening bell was rung by officials signaling the restart of trading for 14 of the 28 listed companies.
Syrian Finance Minister Yisr Barnieh described the upcoming phase as a prosperity period for the Syrian economy. He affirmed there will be an overall revision of laws, new techniques implementations, and greater transparency.
According to the Syrian president Ahmed Al Sharaa, the economic reforms are expected to follow a political transformation. Having a newly established transitional government is shifting away from decades of rigid state centralized control to smoothen the road for modernized financial institutions and to encourage private-sector investments.
As for Last month, U.S. President Donald Trump met with Syria’s new leader, Ahmed al Sharaa, a significantly influential meeting that led to the reduction of key sanctions. The talks are understood to signify approval for Syria’s re-entry into global markets and the restoration of diplomatic ties.
Additionally, The European Union has lifted economic sanctions on Syria in an effort to help the war-torn country’s recovery process.
The Deputy Manager of Damascus Securities Exchange, Suleiman Mousselli, stated;
"We hope to benefit from the lifting of sanctions… We hope to be able to have better access to advanced technology and to introduce it to our trading system. This will enhance both our trading operations and market monitoring.”
In light of the event, while only half of Syria’s companies are back on board, officials say it’s a crucial step toward building a market-driven, post-conflict economy.
As for now, Syria’s recovery remains fragile, with its future heavily reliant on governance, investor trust, and lasting peace.
U.S. Secretary of State Marco Rubio has ordered an Iranian delegation, including Foreign Minister Abbas Araghchi, to leave the United States after ...
Russia has warned NATO that it would be prepared to use nuclear weapons if the Western alliance attempted to isolate Kaliningrad, a Russian exclave...
Israeli Prime Minister Benjamin Netanyahu said Israel may participate in the investigation into a serious incident aboard a flydubai flight bound f...
Iranian President Masoud Pezeshkian has accused the U.S. and Israel of seeking to foment internal divisions in Iran after failing to defeat the country militarily, Iran's state news agency IRNA reported.
Passengers restrained a flydubai co-pilot who allegedly stabbed the pilot and tried to crash a flight from Dubai to Tel Aviv, Israeli Prime Minister Benjamin Netanyahu said on Wednesday.
U.S. President Donald Trump has denied reports that he offered Iran sanctions relief and access to frozen funds in exchange for nuclear concessions.
Here's your AnewZ Daily Brief for 30 September 2026. These are the top five stories making headlines in Europe.
A 13-month-old Chihuahua named Comando is helping Mexico’s National Guard connect with the public, becoming its smallest canine member and an unusual addition to the country’s K9 force.
In the marshlands of Malluba in southern Azerbaijan, Kamil Mammadov follows a routine that has been passed down through generations. His family has worked with medicinal leeches for centuries, harvesting and breeding a species known as Hirudo orientalis, or the Caucasian medicinal leech.
Baku is hosting the second Azerbaijan International Investment Forum (AIIF 2026) and it’s attracting more interest this year, Azerbaijan’s Deputy Prime Minister told AnewZ. “The agenda is very impressive. More guests, more interest,” he said.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, marking the end of one of the most influential leadership tenures in corporate history and completing a succession process that has been years in the making.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment