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Shoppers move through a busy marketplace as Dr. Amer Kharboutli, Director of the Damascus Chamber of Commerce, discusses Syria’s economic realities and investment opportunities. (L24)
Shoppers move through a busy marketplace as Dr. Amer Kharboutli, Director of the Damascus Chamber of Commerce, discusses Syria’s economic realities and investment opportunities. (L24)

Syria’s market activity returns, says Chamber of Commerce head, with corruption down by 80%

    2 March 2026.  In an interview, Dr. Amer Kharboutli describes Syria’s rapid economic progress, emerging investment opportunities, plus ongoing challenges, noting signs of reduced corruption and renewed market activity driven by people’s resilience and institutional reforms.Read more at:  LEVANT24

    Officials tour an energy facility as government begins rehabilitation of major oil and gas fields in the northeast. (L24)
    Officials tour an energy facility as government begins rehabilitation of major oil and gas fields in the northeast. (L24)

    Syria launches sweeping restoration of oil and gas sector after regaining key fields

      23 February 2026.  Syria’s energy sector is undergoing major recovery since the government regained oil and gas fields in the northeast, with technical teams securing and rehabilitating the sites through new international partnerships. After several weeks, 65% of previously inactive wells were reportedly restored.Read more at:  LEVANT24

      Energy Minister announces Syria’s partnership with Saudi firms to launch a large scale seawater desalination and transport project. (L24)
      Energy Minister announces Syria’s partnership with Saudi firms to launch a large scale seawater desalination and transport project. (L24)

      Syria adopts desalination to combat drought and secure steady source of water

        9 February 2026.  Syria signed an agreement with a consortium of Saudi companies to desalinate seawater and transport it to southern regions hit by severe drought, guaranteeing a steady water supply for drinking and agriculture. Energy Minister Muhammad al-Bashir called it “the largest water agreement in the world.”Read more at:  LEVANT24

        Syria and Saudi Arabia sign major economic agreements to rebuild Syria’s infrastructure and expand regional connectedness. (SANA)
        Syria and Saudi Arabia sign major economic agreements to rebuild Syria’s infrastructure and expand regional connectedness. (SANA)

        Saudi Arabia to invest $ billions in strategic deals for Syria’s recovery

          7 February 2026.  Syria and Saudi Arabia signed major joint economic agreements in air transport, water desalination, and telecommunications, in addition to 45 other development projects. The agreements aim to rebuild Syria’s infrastructure, expand air travel, and strengthen regional cooperation.Read more at:  LEVANT24

          Syria signs a major agreement with Chevron and Qatar’s Power International to explore new oil and gas fields. (Syrian Observer)
          Syria signs a major agreement with Chevron and Qatar’s Power International to explore new oil and gas fields. (Syrian Observer)

          Syria’s energy sector reaches turning point with new offshore explorations

            5 February 2026.  The state-owned Syrian Petroleum Company signed a landmark agreement with US and Qatari companies to begin oil and gas explorations aimed at boosting energy investment, supporting development, and expanding partnerships. US envoy to Syria, Thomas Barrack, called the agreement “a transformative step that draws a new picture for Syria after years of suffering.”Read more at:  SYRIAN OBSERVER

            President Ahmad Al Sharaa meets Egyptian business leaders in Damascus to strengthen economic cooperation. (Syrian Observer)
            President Ahmad Al Sharaa meets Egyptian business leaders in Damascus to strengthen economic cooperation. (Syrian Observer)

            President encourages Egyptian companies to invest in Syria’s reconstruction

              13 January 2026.  President Al-Sharaa praised Egypt’s solidarity with Syrian refugees and noted the shared political, economic and security visions of both countries, while inviting investment in reconstruction and closer political, economic, and strategic cooperation.Read more at:  SYRIAN OBSERVER

              The Aga Khan Development Network’s team in Syria continues its long-standing support through development and humanitarian programs. (SANA)
              The Aga Khan Development Network’s team in Syria continues its long-standing support through development and humanitarian programs. (SANA)

              Aga Khan Development Network expands commitment to the Syrian people

                5 January 2026.  The philanthropic development agency, which has allocated $320 million for projects in Syria over 25 years, will provide more than €100 million ($134 m) in new development projects, with an emphasis on sustainable development and renewable energy, while strengthening humanitarian support.Read more at:  SANA

                Syria describes its housing challenges and reconstruction plans to Council of Arab Ministers of Housing and Construction in Doha, 15 December 2025. (L24)
                Syria describes its housing challenges and reconstruction plans to Council of Arab Ministers of Housing and Construction in Doha, 15 December 2025. (L24)

                Syria’s critical housing needs and visions presented to fellow Arab housing ministers

                  15 December 2025.  Reinforcing its return to regional cooperation, Syria’s minister of public works and housing presented the scale of destruction caused by a decade of war, while showcasing plans to rebuild homes for millions of internally displaced people and returning refugees, and inviting investments.Read more at:  LEVANT24

                  Finance Ministry announced signing of final document with World Bank for power-grid rehabilitation. (SANA)
                  Finance Ministry announced signing of final document with World Bank for power-grid rehabilitation. (SANA)

                  World Bank grant will help restore Syria’s power infrastructure

                    12 December 2025.  With its first initiative in Syria for nearly forty years, the World Bank has agreed to support government efforts to improve electricity availability and strengthen the national economy. A grant of $146 million was announced in June to rehabilitate transmission lines, with further grants pending.Read more at:  SANA

                    Mohammed Ala Ghanem, policy chief at the Syrian American Council. (NORTHPress Agency)
                    Mohammed Ala Ghanem, policy chief at the Syrian American Council. (NORTHPress Agency)

                    The Caesar Act is finally repealed, opening new vistas for investments in Syria

                      8 December 2025.  Describing the decision as a ‘true day of victory” after a long and arduous campaign in the US Congress, Mohammed Alaa Ghanem of the Syrian American Council confirmed: “The clause repealing the Caesar Act is complete… no amendments can be made. This long and fierce battle has been decisively settled.”Read more at:  SANA

                      Damascus hosts talks on cooperation with IMF (International Monetary Fund). (L24)
                      Damascus hosts talks on cooperation with IMF (International Monetary Fund). (L24)

                      IMF team states Syria’s economy shows early signs of recovery and offers support

                        18 November 2025.  The IMF announced a program of intensive cooperation with Syria, offering technical assistance to strengthen all aspects of the financial system. Immediate support will help shape the 2026 budget to meet the country’s essential needs while including support for the most vulnerable groups.Read more at:  LEVANT24