damascus july sana

Prime Minister Ali Faleh Al-Zaidi Receives CEO of the U.S. International Development Finance Corporation (DFC) in Washington ……… Prime Minister Ali Faleh Al-Zaidi received Ben Black, Chief Executive Officer of the ⁠U.S. International Development Finance Corporation (DFC), and the accompanying delegation at his residence in Washington, D.C. During the meeting, the two sides reviewed available opportunities and areas of cooperation between Iraq and DFC, including participation in infrastructure r…

Damascus, July 15 (SANA)SyriaandLebanonagreed on Tuesday to expandeconomic and trade cooperation, with officials from both countries pledging to strengthen institutional partnerships, facilitate business activity and advance investment initiatives as part of efforts to deepen bilateraleconomic integration. The commitments were announced during talks in Damascus between Syrian Economy and Industry MinisterNidal al-Shaarand Lebanese Economy and Trade MinisterAmer Bisat, who led a delegation visit…

Damascus, July 15 (SANA)The Damascus Countryside Chamber of Commerce and Jordan’s Irbid Chamber of Commerce have signed a twinning agreement aimed at strengthening bilateral trade, boosting investment and expanding cooperation between theSyrianandJordanianprivate sectors. The agreement provides a framework for facilitating import and export procedures, increasing trade, exchanging economic and investment information, and organizing trade missions, business forums and commercial delegations. Ab…

Damascus, July 15 (SANA)Chairman of Federation of SyrianChambers of CommerceAlaa al-Ali, and Chairman of Chamber of Commerce, Industry and Agriculture of Beirut and Mount-Lebanonsigned a joint cooperation memorandum aimed at developing economic relations between the two countries in addition to enhancing trade and industrial cooperation. The signing ceremony comes on the sidelines of a meeting held on Wednesday between Syrian Minister of Economy and IndustryNidal al-Shaarand Lebanese Minister o…

Damascus, July 15 (SANA)TheUnited States’ decisionto remove Syria from its list of state sponsors ofterrorismmarks a major turning point that will encourage foreign investment, deepen international engagement and support the country’s economic recovery, formerU.S. Assistant Secretary of Statefor Near Eastern Affairs Barbara Leaf said. In an exclusive interview with SANA, Leaf described the move as “hugely significant,” saying it carries both political and practical implications as it removes th…

Damascus, July 14 (SANA)– Syrian Finance Minister, Mohammad Yisr Barnieh, said on Tuesday that Syria marks the beginning of “a new chapter of partnership” with the industrial sector, stressing that the Finance ministry’s objective is not merely to collect revenue but to support production and build greater trust with the private sector. Speaking at a dialogue panel with industrialists, theFinance Ministersaid that the country’s proposedtax reform lawswere drafted in partnership with representat…

Bucharest, July 14 (SANA)Syria’s charge d’affaires in Bucharest, Anas Badawi, met on Tuesday with Romanian Chamber of Commerce President Mihai Daraban to discuss ways to enhance trade, economic and investment relations between Syria and Romania, in the presence of members of the Syrian Businessmen Council in Romania, the Syrian embassy said. The meeting, held at the Chamber of Commerce headquarters, addressedinvestmentopportunities available in Syria, the facilitation and incentives offered to …

Prime Minister Ali Faleh Al-Zaidi: Today, I am heading to Washington leading a government and business delegation, determined to translate the strength of Iraqi–U.S. relations into concrete economic and investment partnerships that open broader opportunities for cooperation in energy, technology, infrastructure, the digital economy, and finance. Our objective is clear: to attract investment, transfer expertise, diversify the economy, and create jobs—advancing development and reinforcing Iraq’s p…

Damascus, July 13 (SANA)Syrian Communications and Information Technology MinisterAbdul Salam Haykaland Central Bank GovernorSafwat Raslanon Monday outlined plans to modernize the country’s digital and financial sectors, emphasizing infrastructure development, regulatory reform and investment as key pillars of Syria’s economic recovery. Speaking during panel discussions at theFirst Syrian-American Business Forumin Damascus, Haykal said Syria’s reconstruction vision depends on developing the expe…

Damascus, July 13 (SANA)Syrian Finance Minister MohammedYisr Barniehsaid on Monday the ministry was shifting from a revenue-collection model to one centered on development and partnership, as part of broader efforts to strengthen the private sector, improve transparency and attract investment. Speaking during a panel discussion at the FirstSyrian-American Business Forumin Damascus, Barnieh said the Finance Ministry had become “a genuine partner” for businesses, investors and the private sector,…

Damascus, July 13 (SANA)U.S. Deputy Assistant Secretary of State Jacob McGee said on Monday that Washington viewsSyria’s transition from economic isolationto greater openness as an opportunity to strengthen stability, support economic growth and expand bilateral economic cooperation. In a recorded video address to theFirst Syrian-American Business Forum in Damascus, McGee said removing barriers to economic growth would allow the Syrian people to realize their economic potential while enabling b…

Damascus, July 13 (SANA)Syrian Petroleum Company CEOYoussef Qablawisaid on Monday that Syria’s oil and gas sector offers significant investment opportunities and is ready to expand cooperation with international energy companies, as the country seeks to attract foreign investment and support reconstruction efforts. Speaking at theFirst Syrian-American Business Forumin Damascus, Qablawi described the event as an important milestone in strengthening economic cooperation between Syria and the Unit…

Damascus, July 13 (SANA)Syrian Economy and Industry MinisterNidal al-Shaarsaid on Monday that Syria was opening “a new chapter” in its economic relationship with theUnited States, following recent U.S. decisions that would help revive trade, investment and financial cooperation. Speaking at the first Annual Syrian-American Business Forum organized by theSyrian-American BusinessCouncil and the Economy and Industry Ministry in Damascus, al-Shaar said the new phase would be based on cooperation, p…

Damascus, July 13 (SANA)The first AnnualSyrian-American BusinessForum opened in Damascus on Monday, bringing together Syrian and U.S. officials, business leaders and investors to explore opportunities for expanding bilateral trade, investment and economic cooperation. The forum, hosted at the Dama Rose Hotel, is organized bySyria’s Ministry of Economy and Industryin cooperation with the Syrian-American Business Council. It brings together representatives of government institutions and the priva…

Damascus, July 11 (SANA)U.S. PresidentDonald Trumphas initiated legal procedures to rescind Syria’s designation as a “State Sponsor of Terrorism,” a move that could mark a major shift in U.S.-Syrian economic relations following decades of restrictions after Syria was placed on the list in 1979 due to policies of the ousted regime. The announcement was made in an official letter addressed by Trump to PresidentAhmad al-Sharaafollowing their summit on the sidelines ofNATOmeetings in Ankara. Under …

Damascus, July 11 (SANA)The initiation of procedures to rescindSyriafrom the U.S. list of state sponsors of terrorism could mark a major shift for the Syrian economy, paving the way for strongerbankingties, expanded trade and increased investment opportunities, according to economic experts. Experts told SANA that ending the designation, imposed on Syria since 1979, would help ease financial isolation by encouraging the return of correspondent banks, facilitating international transfers andtrad…

The parties discussed expanding trade and economic ties, attracting investment, developing direct contacts among entrepreneurs, and implementing joint projects. During the meeting, it was noted that cooperation between the two countries is reaching a new level. Tourism, the textile industry, information technology, pharmaceuticals, agricultural processing, and the service sector were identified as priority areas. The initiative to sign a Memorandum of Understanding between the Chamber of Comme…

Cairo/Riyadh, July 10 (SANA)The Arab Parliament and the Gulf Cooperation Council (GCC) on Friday welcomed U.S. President Donald Trump’s decision toremove Syria from the U.S. list of State Sponsors of Terrorism, describing it as a significant step toward supporting the country’s recovery, stability and reintegration into the international community. In a statement posted on X, Arab Parliament Speaker Mohammed bin Ahmed Al Yamahi said the decision would help Syria resume its role at the internati…

Abu Dhabi/Manama, July 10 (SANA)The United Arab Emirates and Bahrain welcomed the United States’ decision to remove Syria from its list of state sponsors of terrorism, saying the move would support reconstruction efforts, attract investment and help reintegrate Syria into the global economy.The UAE Foreign Ministry said the decision announced byU.S. President Donald Trumprepresented a positive development that would contribute to Syria’s recovery and reconstruction.In a statement carried by the …

Geneva, July 9 (SANA)Syria presented its strategy for strengthening intellectual property protection and supporting innovation during the 68th Assemblies of the Member States of theWorld Intellectual Property Organization (WIPO), held inGeneva. According to the Ministry of Economy and Industry, the Syrian delegation was led by Deputy Minister of Economy and Industry Rasha Karkouki. The delegation outlinedSyria’seconomic vision, which places intellectual property at the center of efforts to pro…

Damascus, July 9 (SANA)More than 120 Syrian, Arab and international companies are taking part in the eighth edition of the Syria International Petroleum, Energy and Mineral Resources Exhibition (SyrPetro 2026), showcasing projects and technologies aimed at supporting the country’s energy sector. The exhibition, which opened Tuesday at theDamascusFairgrounds, brings together companies operating in the oil, gas, petroleum products and energy services sectors to explore investment opportunities an…

Damascus, July 9 (SANA)Finance MinisterMohamed Yisr Barniehand Central Bank of Syria GovernorMohammad Safwat Raslanon Wednesday welcomed U.S. PresidentDonald Trump’s decision to begin the process of rescinding Syria’s designation as a State Sponsor of Terrorism, describing the move as a major step toward economic recovery and renewed international engagement. In a Facebook post, Barnieh said the decision marks “a new chapter” for the Syrian economy by paving the way for greater investment, acce…

Damascus, July 8 (SANA)Syrian Minister of Tourism and Chairman of the Syrian Sovereign FundMazen al-Salhani andEmad Al Muhaidib, vice chairman of Saudi Arabia’s Al Muhaidib Group, signed a memorandum of understanding on Wednesday in Damascus to explore strategic investment opportunities in Syria’s food industry. The signing ceremony was attended byTalal al-Hilali, director general of the Syrian Investment Authority.The agreement focuses on cattle farming and dairy production in cooperation with…

Geneva, July 8 (SANA)Syrian delegation from the Ministry of Economy and Industry, represented by Deputy Minister for Domestic Trade Rasha Karkouki and Director of Industrial and Commercial Property Protection Abdulmajeed al-Abdo, met with Qatar’s Minister of State for Foreign Trade at the Ministry of Commerce and Industry, Ahmed bin Mohammed al-Sayed, to discuss enhancingeconomic and investment cooperationbetween the two countries and expanding partnership areas to serve mutual interests . The …