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March 2009 |
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New Syrian business website goes online
A new Syrian business news website Masaader (www.masaader.com) was launched last month following a six-month testing period.
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March 2009 |
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Q&A: Peter Spencer
Managing director of bmi
 As the global financial crisis tightens its grip, the airline business is witnessing a sharp downturn in the number of passengers. Yet bmi, the only British airline to operate between Syria and the UK, has expanded its passenger capacity by 20 percent and witnessed a 25 percent growth rate in the Syrian market since it began operating in the country just over a year ago.
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March 2009 |
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AA to be concluded by mid-year
EU Commissioner for External Affairs and Neighbourhood Policy, Benita Ferrero-Waldner, said on February 16 that the long-delayed EU-Syrian Association Agreement (AA) will be ratified by the middle of the year.
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March 2009 |
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Syrian-Iranian bank launched
The Syrian government has given the green light to a joint Syrian-Iranian commercial bank, it was announced on February 24.
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March 2009 |
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US-Syrian trade hits 16-year high
Trade between the US and Syria rose to a 16-year high last year. The rise in trade follows high oil prices.
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March 2009 |
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Damascus’ largest mall Damasqino opens
 The largest mall in Damascus and second largest in Syria has opened in Kafer Suseh, following the completion of its 70 shops last month.
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March 2009 |
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World Bank encourages public-private transport partnerships
The Syrian Transportation Ministry held a two-day workshop on February 4 to develop partnerships between Syria’s public and private sectors for carrying out major transport infrastructure projects.
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March 2009 |
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France and Syria deepen economic ties
Paris and Damascus have clinched a deal to establish tech parks in Syria.
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March 2009 |
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German funding for Iraqi school children
Germany has granted Syria SYP 244m (EUR 4m) to help construct schools to accommodate Iraqi students living in Syria as refugees, it was announced on February 22.
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March 2009 |
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Infrastructure loans for Syria
The Arab Socio-Economic Development Fund (ASEDF) on February 11 awarded Syria three loans to finance gas, electricity and transport projects.
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