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.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks...
Türkiye has condemned a defence agreement signed this week between France and Southern Cyprus, describing it as a threat to regional stability and th...
Legions of security officers and police are being deployed for the 2026 FIFA World Cup as organisers prepare for what officials describe as an unprece...
Authorities in the western Afghan city of Herat have arrested at least 30 women for allegedly breaching dress rules imposed by the Taliban, according ...
The United States and Iran have traded fresh strikes, with the U.S. hitting military sites and Iran launching missiles and drones at bases and ship...
Türkiye and Syria plan to increase annual bilateral trade to $5 billion within the next two years, officials from both countries said on Tuesday, as they seek to deepen economic ties and support Syria's recovery.
A group of Azerbaijani civil society organisations has called for increased scrutiny of Swiss building materials giant Holcim, citing court rulings and ongoing investigations linked to its subsidiary Lafarge's activities during the Syrian conflict.
A second group of Australian women and children linked to the Islamic State group has departed a refugee camp in north-east Syria and may return to Australia, the Australian Broadcasting Corporation reported on Friday.
Trade between the United Arab Emirates and Syria more than doubled in 2025, a UAE minister said on Tuesday during an investment forum in Damascus that reflected rapidly improving ties between the two countries.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
U.S. forces say they have completed strikes on Iranian military sites near the Strait of Hormuz. Iran responded with missile attacks on an American base in Jordan, marking a sharp escalation in tensions between the two sides.
U.S. Donald Trump has said he has cancelled planned strikes on Iranian oil and gas ports announced earlier on Thursday. Trump said he made the decision after senior leadership in Iran agreed to peace talks.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment