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النسخة العربية
  • Politics
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  • Syrian economy

Eduardo Ramon

The return of Al-Jazira and the question of Syria’s economic renewal

As Raqqa, Deir ez-Zor, and Al-Hasakah return to state authority, this resource-rich region re-emerges as a cornerstone of economic recovery

Hussein al-Sharaa 06 February 2026
Syria's interim President Ahmed al-Sharaa (L) speaks during the Future Investment Initiative (FII) conference in Riyadh on 29 October 2025. RANIA SANJAR / AFP

Syria's obstacles to investment are many

Ambition is key to recovery, but so is realism about the road ahead. Lingering sanctions, legal ambiguity, poor transparency, and weak institutions continue to deter serious investment.

Haid Haid 20 November 2025
A sheep herder near the Rumaylan military site in northeastern Syria, January 8, 2025 AFP

Resource-rich yet underdeveloped, Syria’s northeast could pay dividends

The land between the Euphrates and Tigris yields oil, water, and wheat, to name but three, yet it has had no infrastructure investment for decades. As a result, it is unproductive. That could change.

Attiya Khalaf Al-Attiya 11 February 2025
Stacks of Syrian pound banknotes are piled on a currency trader's stall at a market in the city of Manbij, currently controlled by the Turkish-backed Syrian National Army, in the Aleppo province on January 4, 2025. Aaref WATAD / AFP

Sanctions relief alone won’t kickstart Syria's economy

Without a coordinated international effort to lift sanctions, Syria will struggle to secure foreign investment

Léa Eid 10 February 2025
A US dollar note is placed on a stack of Syrian pounds at a market in the Kurdish-majority city of Qamishli in northeast Syria on September 10, 2019. AFP / Delil SOULEIMAN

Rebuilding Syria's economy will be challenging but comes with reward

Estimates of reconstruction costs range up to $500bn, and most Syrians only get a few hours of electricity per day. The country's priorities are numerous and urgent, but amid the gloom, there is hope.

Abdelkader Hasria 27 January 2025
Dr Maysa Sabrin, Syria's newly-appointed central bank governor Axel Rangel Garcia

Syria becomes first Arab state with woman central bank chief

Maysa Sabrin joins illustrious figures such as Russia's Elvira Nabiullina, Europe's Christine Lagarde, and America's Janet Yellen, proving women heading central banks is no longer a rarity

Toufic Chanbour 16 January 2025
A container crane at the port of Latakia in western Syria on 30 December 2024. Aaref Watad / AFP

Syria’s new rulers to audit Iran loan spending for illegalities

While financial obligations outlive regimes, Damascus may be able to show that some of the $7.6bn in loans from Tehran was spent repressing the Syrian people—and that Iran knew about it

Joseph Daher 31 December 2024
A man looks out to the devastation while clearing rubble and debris from a house at the Yarmouk camp for Palestinian refugees south of Damascus on December 22, 2024. MUHAMMAD HAJ KADOUR / AFP

Syria begins to piece together a country and economy in ruins

War caused its GDP to fall by 86%, leaving 69% of Syrians impoverished. Regime change brings hope for an economy once one of the Middle East's strongest. This is its story and a look ahead.

Abdulfattah Khattab 24 December 2024
Syrian Red Crescent rescuers attend to displaced people arriving from Lebanon at the Jdeidat Yabus border crossing in southwestern Syria on October 7, 2024. LOUAI BESHARA / AFP

War in Lebanon puts Syria's already struggling economy under further strain

Syria's deep economic reliance on Lebanon, shaped by years of conflict and international sanctions, has made regime-held areas particularly vulnerable to Lebanon's economic and political instability

Haid Haid 13 October 2024
The al-Assad government’s embrace of the neoliberal market involves privatisation and subsidy cuts, which are causing widespread suffering and only benefitting the elite Ewan White

Already struggling Syrians brace for more austerity measures

The al-Assad government's embrace of the neoliberal market involves privatisation and subsidy cuts, which are causing widespread suffering and only benefitting the elite

Joseph Daher 15 April 2024
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Iranians mark 40 days since Ayatollah Ali Khamenei was killed in US-Israeli strikes at a demonstration in Tehran on 9 April, 2026. Majid Asgaripour / AFP
Politics

The US and Iran mull next moves amid shaky truce

10 April 2026

Washington weighs the desire to avoid a protracted war with offsetting the appearance of defeat, as Tehran debates whether to consolidate gains before conditions shift or press perceived advantages

Alex Vatanka
Awami Rickshaw Union workers holding posters of Pakistan's Chief of Army Staff, Field Marshal Asim Munir, shout slogans after the US and Iran agreed to a two-week ceasefire in Lahore on 8 April 2026. Arif ALI / AFP
Politics

Behind the truce: Pakistan mediation proves pivotal

08 April 2026

Islamabad is humming with behind-the-scenes diplomacy to turn this tentative pause into lasting peace.

Kaswar Klasra
Al Majalla
Politics

5 unanswered questions on the US-Iran ceasefire

09 April 2026

The fragile truce faces significant obstacles.

John Haltiwanger
Al Majalla
Politics

The US-Iran war tanked Trump's popularity at home

07 April 2026

Instead of the "no endless wars" they were promised, Americans were thrown into a disastrous war and were feeling the economic pinch at the gas pump

Brian Katulis
Israeli Prime Minister Benjamin Netanyahu and Israeli National Security Minister Itamar Ben-Gvir shake hands during a session at the Knesset in Jerusalem, on 29 March 2026. Reuters
Politics

Palestinian executions are now official Israel policy

08 April 2026

Israel's parliament approved a draconian death penalty law last week that only applies to Palestinian prisoners, in a move that the UN says "would constitute a war crime"

Khaled Essam Eleslamboly

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OPINIONS

‘Kushner and Witkoff spoiled the US-Iran talks’

Kamal Alam
Kamal Alam

China and Russia's calculated backing of Iran

Michael Horowitz
Michael Horowitz

The US-Iran war showed the value of aluminium

Nazareth Seferian
Nazareth Seferian

No progress in Islamabad talks

Fares Garabet
Fares Garabet
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