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Business & Finance

May, 2016

  • 19 May

    CBS decreases intervention exchange price to SYP 580 per 1 USD

    Damascus, SANA The Central Bank of Syria (CBS) announced decreasing, once again, the exchange price to SYP 580 per 1 USD, within the intervention plan announced last week. In its statement on Thursday, …

  • 19 May

    Techno Build 2016 expo concludes activities… Assertion on participation in reconstruction process

    Damascus, SANA – The Techno Build 2016 expo for building technologies wrapped up its activities with a high turnout of those interested in building and reconstruction. The three-day Expo constituted …

  • 18 May

    Gold prices drop, Markets witness relative stability

    Damascus, SANA- The prices of gold have dropped and lost nearly SYP 2200 of their values during a week after the price of the 21 Karat touched SYP 25000.  The …

  • 18 May

    Intervention exchange price decreased to SYP 585 per 1 USD

    Damascus, SANA – The Central Bank of Syria (CBS) announced decreasing, once again, the exchange price to SYP 585 per 1 USD, within the intervention plan announced last week. Yesterday’s …

  • 18 May

    CBS sets USD exchange rate against SYP at 552.31 and EUR at 624.97

    Damascus, SANA – The Central Bank of Syria (CBS) set on Wednesday the exchange rate of the USD against the Syrian Pound (SYP) at 552.31 for banks, 552.42 for exchange …

  • 18 May

    Roads and Bridges Company stresses on optimal use of debris in reconstruction

    Damascus, SANA – Assistant Minister of Public Works Moalla Khodr said a specialized committee has accomplished the book of technical specifications and conditions with regard to recycling the debris from …

  • 17 May

    CBS: Foreign currency price dropping, market responding to intervention measures

    Damascus, SANA- The Central Bank of Syria (CBS) asserted on Tuesday that there are strong indicators that the foreign currency market began responding to the measures being taken to stabilize …

  • 17 May

    Iran Khodro Industrial Group to manufacture new cars in Syria

    Tehran, SANA – Deputy CEO of Iran Khodro Industrial Group (IKCO) Saeed Tafazoli announced on Tuesday that IKCO intends to manufacture its new products at the Siamco plant in Syria …

  • 17 May

    Updated-Cabinet denies rumors on raising price of bread bundle, sets wheat and barley purchase prices

    Damascus, SANA – Prime Minister Wael al-Halaqi denied rumors that the Cabinet intends to raise the price of the standard bundle of bread or reduce its weight. During a session …

  • 17 May

    CBS decreases intervention exchange price to SYP 590 per USD

    Damascus, SANA – The Central Bank of Syria (CBS) announced on Tuesday decreasing the exchange price to SYP 590 per dollar (USD), within the intervention plan announced last Tuesday. The …