News
UK production costs hit record high amid Middle East conflict
13+ hour, 35+ min ago (214+ words) London, April 22 (SANA) British companies reported a record rise in production costs this month, according to a new economic survey, highlighting renewed inflationary pressures that could feed into prices amid global energy disruptions linked to the Middle East conflict. Data…...
Syria central bank to launch foreign exchange and gold market in Damascus
17+ hour, 51+ min ago (183+ words) Damascus, April 23 (SANA) The Central Bank of Syria announced on Thursday plans to launch the Damascus Market for Foreign Exchange and Gold in a move aimed at strengthening monetary policy and enhancing financial stability. Central bank governor Abdulkader Husrieh said…...
CBS, World Bank agree on technical support for reserves management
4+ day, 7+ hour ago (192+ words) SCB, World Bank agree on technical support for reserves management" Damascus, Apr. 19 (SANA) Governor of the Central Bank of Syria, Abdulkader Husarieh, held talks with Katarzyna Zajdel-Kurowska the Director of the World Bank Group Treasury's Partnerships and Advisory Department and…...
Syria receives 45, 000-ton wheat shipment at Tartous port
2+ week, 2+ day ago (158+ words) Tartous, April 7 (SANA) " A cargo vessel carrying about 45, 000 tons of wheat arrived Tuesday at Tartous port as part of efforts to secure bread supplies and strengthen Syria's food security system. Nidal Abdul Qader, deputy director of the Tartous railway branch,…...
Syria records first budget surplus since 1990, finance minister says
2+ week, 2+ day ago (292+ words) Damascus, April 7 (SANA) Syria recorded its first budget surplus in more than three decades in 2025, Finance Minister Mohamed Yisr Barnieh said, citing strong revenue growth and tighter fiscal management. Barnieh said total public revenues reached about 379. 2 billion new Syrian pounds…...
Regional tensions, currency volatility drive price instability in Syrian markets
2+ week, 5+ day ago (352+ words) Damascus, April 4 (SANA) " Prices of basic goods in Syrian markets, particularly food items, have seen noticeable fluctuations in recent weeks amid exchange rate volatility and regional tensions, factors that traders and analysts say are adding pressure to household spending and…...
Africa warns Middle East conflict could trigger cost-of-living crisis
2+ week, 5+ day ago (267+ words) Addis Ababa, Apr. 4 (SANA) African leaders and international agencies are sounding the alarm over the economic fallout from the ongoing Middle East conflict, warning it could drive a sharp rise in the cost of living across the continent. A joint…...
IMF warns conflicts are worsening economic strain on low-income countries
3+ week, 1+ day ago (287+ words) In its latest report, the IMF said rising regional instability, alongside shifts in global policies on trade, migration and aid, is creating "unprecedented pressure" on vulnerable economies. The Fund highlighted a growing divergence in global economic performance. While average global…...
Gold drops globally amid Middle East war tensions
3+ week, 4+ day ago (264+ words) Capitals, March 29 (SANA) Global gold markets are experiencing volatility amid escalating tensions between the United States and Iran, as geopolitical developments have led to sharp increases in oil prices and strengthened the U. S. dollar, directly impacting gold, which has lost some…...
Global markets turbulent, investors left without safe havens
3+ week, 5+ day ago (311+ words) New York, Mar. 28 (SANA) Nearly one month after the outbreak of the U. S. -Israeli'Iranian conflict, global financial markets are undergoing one of their most volatile phases since the global financial crisis, amid sharp fluctuations that have pushed portfolio managers to scale…...