Economy

Jordan-Syria Nassib crossing to open completely Sunday

Jordan-Syria Nassib crossing to open completely Sunday

QAMISHLI, Syria (North Press) – On Wednesday, Jordanian Minister of Interior Mazen al-Faraya announced that after field arrangements with Syria, the Jordanian Jaber crossing with Syria is completely open on…
Syrian industrialists mock government’s invitation to return and invest in Syria

Syrian industrialists mock government’s invitation to return and invest in Syria

The Syrian industrialists said that the decision to leave the country was not only due to terrorism and militants in #Syria, but also because of the ill-considered government decisions.
Exports resume at Syria-Jordan Nassib crossing

Exports resume at Syria-Jordan Nassib crossing

QAMISHLI, Syria (North Press) – On Wednesday, trade movement from the Syrian side of the Syria-Jordan Nassib crossing resumed, after having ceased for several days. Fayez Qasouma, vice-chair of the…
Syrian government pursues unplanned economic policies: Economist

Syrian government pursues unplanned economic policies: Economist

The Syrian government is gradually moving towards completely lifting subsidies as a result of the current financial deficit, leaving the population to bear the burden of rising prices and the…
Raising salaries in Syria will not solve high prices problem: Economist

Raising salaries in Syria will not solve high prices problem: Economist

The employees will not benefit from the salary increase due to the raising of the prices of fuel and bread. #Syria #Damascus
Assad raises employee salaries by 50% in wake of price increases

Assad raises employee salaries by 50% in wake of price increases

DAMASCUS, Syria (North Press) – On Sunday, Syrian President Bashar Assad issued Legislative Decree No. 19, which stipulates an increase in the salaries of state workers by 50%. The increase…
Problem of Syrian economy is lack of production: economist

Problem of Syrian economy is lack of production: economist

An #Damascus-based economic expert says that the problem of the Syrian economy is not financial related to the budget deficit, but rather the lack or loss of production.
Power outages push workshops in Syria’s Damascus to close

Power outages push workshops in Syria’s Damascus to close

Many shop owners in #Syria's #Damascus intend to close their shops due to continued power cutoffs – up to ten hours a day - and lack of fuel.
Local pharmaceutical company in Syria’s Manbij seeks to produce branded medicine

Local pharmaceutical company in Syria’s Manbij seeks to produce branded medicine

A local company in #Syria’s #Manbij covers 30% of local pharmaceutical needs at 40% lower prices, and plans to expand into branded medicine soon.
High fuel prices in black market, unstable prices at stations in Syria’s Azaz

High fuel prices in black market, unstable prices at stations in Syria’s Azaz

AZAZ, Syria (North Press) – Musab Osman (a pseudonym), a farmer from the city of Azaz in the northern countryside of Aleppo, is forced to purchase diesel fuel from the…
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