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النسخة العربية
  • Politics
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  • Tag
  • 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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Politics

Trump’s 2026 Iran deal differs from Obama’s 2015 JCPOA

18 June 2026

Although an MOU will be officially signed on 19 June, there are already significant differences a decade later, despite the US aim being largely similar. Could Trump open Iran like Nixon opened China?

Robert Ford
Sara Gironi Carnevale
Science & Technology

A smarter ball, or a safer one? The header dilemma facing world football

11 June 2026

The official World Cup ball showcases the latest advances in football technology, but new research questions whether future designs should prioritise brain safety as well as performance

Marco Mossad
Iran's President Masoud Pezeshkian holding a memorandum of understanding he and US President Donald Trump signed to end the US-Iran war on 17 June, 2026. IRINN Iranian state television/AFP
Politics

How a US-Iran deal will impact Gulf relations with Tehran

17 June 2026

As a costly war draws to a close, Tehran has the chance to chart a new course in relation to its neighbours, but that requires a change of mindset

Zaid bin Ali al-Fadhil
Stefano Summo
Culture & Social Affairs

World Cup songs: from local themes to global industry

11 June 2026

Football's biggest tournament has come to adopt a single soundtrack every four years to give each offering a distinct identity. Is this genuine culture, or a mass marketing technique?

Najeeb Mubarak
Al Majalla
Politics

How Pakistan quietly brokered the historic US-Iran deal

16 June 2026

Islamabad kept both sides talking even as missiles were being launched. That tenacity looks to have paid dividends in a way that could yet reshape the Middle East's power dynamics.

Kaswar Klasra

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OPINIONS

Can Trump's Iran deal make it over the 60-day line?

Con Coughlin
Con Coughlin

Hormuz opens, but states will still invest in workarounds

Sharif Mohammad

Trump’s deal: repercussions in the Gulf, Iran, and Israel

Al Majalla - London
Al Majalla - London

Trump’s 2026 Iran deal differs from Obama’s 2015 JCPOA

Robert Ford
Robert Ford
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