11 Hrs
 شبكة شام الإخبارية
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شبكة شام الإخبارية

2026-08-29T19:00:36.359Z

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 شبكة شام الإخبارية

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Sham Economic Report August 29 2026

Sham Economic Report August 29 2026

The Syrian pound experienced relative stability in the parallel market today, with the dollar remaining around 131 pounds and concerns over the ongoing gap with the official rate of 122 pounds. The report also showed a decrease in gold prices, along with developments in the industrial, trade, and investment sectors. Notably, this includes the signing of memoranda of understanding to boost industrial production and expand industrial cities, as well as projects in infrastructure, minerals, and construction. There was also broad participation from Arab and foreign companies in the Damascus International Fair. These developments reflect the government's efforts to revitalize the economy and improve the investment climate in Syria.

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