Does Syria Have Oil?
Syria’s oil industry has long been a cornerstone of its economy, even though its reserves are modest compared with its Middle Eastern neighbours. Before the civil war, oil exports provided significant revenue to the government and supported domestic energy needs. However, the conflict, sanctions, and competing control of oil fields caused production to collapse. Syria’s […]
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History Of Syria In Business
For many years, Syria has been a meeting point for traders, tourists, and entrepreneurs. Its location along ancient trade routes, such as the Silk Road, made it a natural centre for the exchange of goods, ideas, and culture. Markets in cities were busy centres filled with spices, fabrics, metals, and fresh produce that traders carried […]
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Can Foreigners Buy Land In Syria?
Buying land in a foreign country often comes with its own set of rules, and Syria is no exception. While the country’s property market holds potential for certain investors, foreign ownership is governed by specific laws and approval processes that can vary depending on the location and type of land. Understanding these regulations is essential […]
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The Role Of Small Businesses In Syria’s Economy
Small businesses are the backbone of Syria’s economy, providing essential goods and services while creating jobs in communities across the country. From local shops and family-run farms to small manufacturing units, these enterprises help sustain economic activity even in challenging times. They not only support household incomes but also strengthen local supply chains and encourage […]
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Which Industries is Syria Known For?
Syria’s investment and business development landscape is one of a kind for those looking to penetrate new and less explored markets. Its economy is historically diverse with a rich agricultural output, valuable natural resources, and skilled labor. Understanding Syria’s core industrial activities, exports, and trading activities to entrepreneurs, SMEs and corporations is crucial, as the […]
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Is Syria Open to Foreign Investors?
Syria welcomes overseas investments across various industries. The Syrian Investment Agency (SIA) facilitates greater global involvement and provides incentives, including tax breaks, customs exemptions, and special economic zone gifts. Although the potential for private sector investment in Syria is welcomed, especially in areas essential for development, the legal structure and some limitations must be dealt […]
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