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Syria's Minister of Economy and Industry and Turkey's Minister of Trade at the Anadolu Cities Economies Summit, June 9, 2026. (Anadolu)
Syria's Minister of Economy and Industry and Turkey's Minister of Trade at the Anadolu Cities Economies Summit, June 9, 2026. (Anadolu)

New chapter in Damascus-Ankara economic cooperation begins at Anadolu Summit

12 June 2026.  The economic summit held in Gaziantep, Turkey marked a step beyond communications and toward longterm Syrian–Turkish economic partnerships, focusing on shared interests in trade, industry, transport, border crossings, and the Aleppo–Gaziantep economic axis.Read more at: ENAB BALADI

Officials and business leaders meet in Damascus to shape the private sector’s role in Syria’s new economy. (SANA)
Officials and business leaders meet in Damascus to shape the private sector’s role in Syria’s new economy. (SANA)

Syria stands at ‘historic juncture’ as conference explores private sector’s role in recovery

3 June 2026.  Syria’s First National Private Sector Conference convened to redefine the sector’s role in the post-transition economy and lay the groundwork for long-term public-private cooperation. The Ministry of Economy and Industry organized the event in cooperation with the UNDP and Japan’s government.Read more at: SYRIAN OBSERVER

Syria, Jordan, and Turkey sign a memorandum of understanding to develop transport sectors and logistical connectivity, April 7, 2026. (SANA)
Syria, Jordan, and Turkey sign a memorandum of understanding to develop transport sectors and logistical connectivity, April 7, 2026. (SANA)

Syria signs regional transport agreement as it moves to link Arabian Gulf and Europe

2 June 2026.  Syria, Jordan and Turkey signed an agreement aimed at improving transport coordination in a step toward strengthening regional partnerships. The country’s geographic location gives it the potential to become a regional transit hub for energy and trade, if major challenges are overcome.Read more at: ENAB BALADI

President Ahmad al-Sharaa signs decree on May 25, 2026, granting a 30% pension increase. (Ahmed al-Sharaa:X)
President Ahmad al-Sharaa signs decree on May 25, 2026, granting a 30% pension increase. (Ahmed al-Sharaa:X)

President announces significant pension increase, part of reforms aimed to ensure dignified life for workers and retirees

26 May 2026.  As part of ongoing efforts to structure a comprehensive and realistic wage and pension system, President al-Sharaa approved a 30% increase in pensions, effective June 1. He noted that all workers had received wage increases since January 2025.Read more at: ENAB BALADI

Meeting of the national committee concerned with preparing infrastructure in destroyed areas in Syria, April 2, 2026. (Ministry of Emergency and Disaster Management)
Meeting of the national committee concerned with preparing infrastructure in destroyed areas in Syria, April 2, 2026. (Ministry of Emergency and Disaster Management)

Saudi Arabia pledges $1.5 billion under “Syria Without Camps” initiative

25 May 2026.  Saudi Arabia’s new pledge to Syria of $1.5 billion, a spike from previous annual funding, is earmarked for the government’s plan to move displaced families from camps to their home areas by the end of 2027. It includes restoration of infrastructure as well as health, education, disaster management and other sectors.Read more at: ENAB BALADI

Director of Corporate Affairs and Property Protection Directorate, at the Ministry of Economy and Industry, Abdulmajeed Abdo. (SANA)
Director of Corporate Affairs and Property Protection Directorate, at the Ministry of Economy and Industry, Abdulmajeed Abdo. (SANA)

Over 1800 new companies registered in Syria this year indicating improved investor climate

24 May 2026.  A senior Ministry of Economy and Industry official stated that 1,846 companies have been registered thus far in 2026, reflecting streamlined procedures and modernized services in a more stable, investor-friendly environment.  A system for incorporating domestic and foreign businesses online is also being launched.Read more at: SANA

French President Emmanuel Macron, G7 president for 2026 (pictured at March 11, 2026 meeting), will chair the summit from June 15-17. (Reuters)
French President Emmanuel Macron, G7 president for 2026 (pictured at March 11, 2026 meeting), will chair the summit from June 15-17. (Reuters)

Syria’s participation in June G7 talks signals another step in international financial integration

18 May 2026.  Syria has been invited to join a closed G7 financial session next month, discussing the country’s sustainable recovery and reintegration into the global system, along with its position in the shifting Middle East landscape. President al-Sharaa and Finance Minister Barnieh are expected to attend.Read more at:  ENAB BALADI

Ministry of Emergency and Disaster Management teams fill war-era trenches and earthen berms in Idleb Governorate. (Syrian Emergency Ministry)
Ministry of Emergency and Disaster Management teams fill war-era trenches and earthen berms in Idleb Governorate. (Syrian Emergency Ministry)

Emergency Ministry restores infrastructure in war-damaged areas, reviving farmland and helping civilians return home

16 May 2026.  Syria’s Emergency Ministry has filled and levelled more than 900 kilometres of war era trenches and berms in Idlib province. This work, critical to areas heavily damaged by years of conflict, serves to reconnect farmlands, ease access for civilians, and support economic recovery.Read more at:  SANA

Syrian and Emirati officials meet in Damascus to discuss major investment opportunities. (SANA)
Syrian and Emirati officials meet in Damascus to discuss major investment opportunities. (SANA)

Syrian and UAE officials discuss massive development projects amid growing Gulf interest in Syria

8 May 2026.  Syrian President Ahmad al-Sharaa met an Emirati delegation to discuss development plans for projects in Damascus and Latakia, together valued at over $50 billion, including housing, hotels, and roads. Construction would create over 100,000 jobs supporting economic recovery and reconstruction.Read more at:  LEVANT 24

Deutsche Bundesbank, one of the first European central banks preparing to open accounts with the Central Bank of Syria. (L24:Daniel Kubirski:picture alliance)
Deutsche Bundesbank, one of the first European central banks preparing to open accounts with the Central Bank of Syria. (L24:Daniel Kubirski:picture alliance)

Central Bank of Syria prepares to open accounts with European central banks

30 April 2026.  Syria’s central bank has reached agreements to open accounts with Germany, France and Austria, marking progress toward restoring international financial links and rebuilding trust with key European institutions after years of isolation.Read more at: LEVANT 24

Participants in National Entrepreneurship Conference organized by the Damascus Chamber of Commerce and the Junior Chamber International in Syria. (SANA)
Participants in National Entrepreneurship Conference organized by the Damascus Chamber of Commerce and the Junior Chamber International in Syria. (SANA)

Young entrepreneurs encouraged to help transform Syria’s challenges into opportunities

26 April 2026.  Business leaders came together with young innovators to lend support to youth-led initiatives at a national conference. The goal is to develop entrepreneurial skills among a new generation of youth who can creatively contribute to Syria’s reconstruction and long-term development.Read more at:  LEVANT 24