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Saudi and French officials meet as their countries launch a tripartite business council with Syria. (AFP)
Saudi and French officials meet as their countries launch a tripartite business council with Syria. (AFP)

Saudi Arabia and France establish joint business council to support Syria’s long-term recovery

27 August 2026.  Saudi Arabia and France announced a Saudi-Syrian-French Business Council to provide an institutional framework for partnership that links companies and governments. The initiative builds on Saudi and French investments in Syria, connecting Saudi capital with French expertise and Syrian projects.Read more at: LEVANT 24

President al-Sharaa addresses attendees at the 63rd edition of Damascus International Fair. (SANA)
President al-Sharaa addresses attendees at the 63rd edition of Damascus International Fair. (SANA)

“We see the sun of Syria rising once more,” President declared at opening of Damascus International Fair

26 August 2026.  Inaugurating the 63rd Damascus International Fair, President al-Sharaa spoke to this year’s significance: “We see the sun of Syria rising once more, to become a beacon of its economy, a bridge between markets, a corridor for trade, and a center where the interests of East and West intersect.” The participation of Germany was honored.Read more at: SANA

President Ahmed al-Sharaa welcomes the US decision to remove his country from the state sponsors of terrorism list. (Screengrab:Al Jazeera)
President Ahmed al-Sharaa welcomes the US decision to remove his country from the state sponsors of terrorism list. (Screengrab:Al Jazeera)

U.S. lifts final sanctions on Syria, clearing path toward economic recovery

25 August 2026.  The U.S. lifted sanctions imposed in 1979, under Hafez Assad, removing the last major obstacles to private sector investment. “Today, Syria shakes off a dark stain and tears away a painful chapter of its past to embark on a path of development, reconstruction and rebuilding,” said President al-Sharaa.Read more at: AL JAZEERA

(L) People’s Assembly Speaker, Abdulhamid al-Awak (X@ProfDrDusak), (R) legislative session in Damascus (Gaith Alsayed:AP)
(L) People’s Assembly Speaker, Abdulhamid al-Awak (X@ProfDrDusak), (R) legislative session in Damascus (Gaith Alsayed:AP)

People’s Assembly launches legal reforms to ease citizens’ lives and attract foreign investors

20 August 2026.   Speaker of the Assembly al-Awak outlined a legislative reform drive to remove Assad-era laws that hinder citizens’ interests and obstruct the rule of law in the new Syria. For attracting foreign investment, he emphasized the importance of legislative stability and legal protections.Read more at: LEVANT 24

Baladna, a leading Qatari dairy and agribusiness company, announced a landmark investment in Syria. (SANA)
Baladna, a leading Qatari dairy and agribusiness company, announced a landmark investment in Syria. (SANA)

Qatari firm to invest $3.3 billion in Syria’s agricultural production

18 August 2026.  Baladna, Qatar’s largest dairy and agribusiness producer, announced its largest foreign direct investment project in 15 years, to span 2,400 square kilometers of land mostly in Raqqa and Deir Ezzor provinces. The goal is an integrated production system from cultivation to processing and final products.Read more at: LEVANT 24

A rebuilding project of the Syria Recovery Trust Fund, supported by international community. (Syria Recovery Trust Fund)
A rebuilding project of the Syria Recovery Trust Fund, supported by international community. (Syria Recovery Trust Fund)

New projects funded by international donors boost Syria’s path toward recovery

29 July 2026.  The Syria Recovery Trust Fund approved two new projects: one will rebuild 250 homes and provide infrastructure for displaced families returning to their Idlib neighborhood, part of the “Syria Without Camps” initiative; the other will provide agricultural support to farmers in the Raqqa and Deir Ezzor provinces.Read more at: ENAB BALADI

Syria inaugurates "Tech Town," an innovation hub in Damascus to support startups and the digital economy. (SANA)
Syria inaugurates "Tech Town," an innovation hub in Damascus to support startups and the digital economy. (SANA)

Inauguration of “Tech Town” reflects Syria’s confidence in digital future

13 July 2026.  The CEO of the new high-tech center, a public-private venture, said its goal is to connect entrepreneurs with experts and investors in an integrated environment. He said the center will incubate startups from the earliest stages, help develop prototypes, and connect entrepreneurs with partners and financial backers.Read more at: SANA

French President Emmanuel Macron during joint press conference with Syria’s president at the People's Palace in Damascus, July 7, 2026. (SANA)
French President Emmanuel Macron during joint press conference with Syria’s president at the People's Palace in Damascus, July 7, 2026. (SANA)

France announces its readiness to return € 50 million of seized illicit funds to Syria

7 July 2026.  The signing of a declaration of intent between the French and Syrian foreign ministers will initiate the process of recovering €50 million in Syrian assets confiscated by France’s judicial system. The agreement includes the restoration of 23 artifacts that had been on loan to the Arab World Institute in Paris.Read more at: SANA

A Syrian delegation participates in the Green Climate Fund’s 45th Board meeting in Dushanbe, Tajikistan, June 29 to July 3. (Ministry of Local Administration and Environment, Syria)
A Syrian delegation participates in the Green Climate Fund’s 45th Board meeting in Dushanbe, Tajikistan, June 29 to July 3. (Ministry of Local Administration and Environment, Syria)

Green Climate Fund approves $27.7 million grant for Syria’s water security

3 July 2026. The purpose of the grant from the GCF—the world’s largest fund dedicated to financing climate change adaptation and mitigation projects in developing countries—is to address water scarcity in regions of Syria most affected by reduced rainfall and drought resulting from climate change.Read more at: SANA

A local man demonstrates traditional coffee preparation at the Jayroud Private Folk Heritage Museum in Rural Damascus. (SANA)
A local man demonstrates traditional coffee preparation at the Jayroud Private Folk Heritage Museum in Rural Damascus. (SANA)

Jayroud’s new private folk heritage museum preserves Syria’s social memory and century old traditions

2 July 2026.  Syria’s first private folk heritage museum opened in Jayroud, showcasing Qalamoun’s social life and traditions. Officials and researchers say it strengthens cultural preservation, documents community history, and highlights privatesector support for heritage protection. Read more at: SANA

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

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

Mediterranean ports of Tartous (above) and Latakia gaining importance. (WELAT tv)
Mediterranean ports of Tartous (above) and Latakia gaining importance. (WELAT tv)

Syria’s potential as regional trade and energy corridor grows with Strait of Hormuz disruption

21 May 2026.  The need for alternative Middle East transport channels is reviving Syria’s ancient role as part of the Silk Road that linked Central Asia with the Mediterranean. It has begun serving as a land bridge between the Middle East and Europe, starting with goods and oil from the UAE and Iraq.Read more at: LEVANT 24

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

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

European Commission flag overlaps map of Syria, depicting evolving relations. (Syrian Observer)
European Commission flag overlaps map of Syria, depicting evolving relations. (Syrian Observer)

EU member states view Syria as viable partner after little over a year of recovery

21 April 2026.  Relations have been warming with the EU under Syria’s new leaders, the result of frequent diplomatic missions and the dramatic policy shifts and actions they have undertaken. Syria is being viewed as a reliable partner in many spheres of shared interest and as an alternate trade corridor in the Middle East. The EU-Syria Cooperation Agreement of 1978 will soon be restored.Read more at:  SYRIAN OBSERVER