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Syria’s banking recovery: Can foreign investment alone revive the war-torn sector?
Syria’s banking sector is selling for cents on the dollar, but first-movers have a compliance minefield to navigate
Latakia Port lands Syria’s first Ro-Ro service after war
Plus: Talabat opens its second mega distribution center at Yanmu Park
Qatar’s Estithmar Holding to acquire 49% of Syria’s Shahba bank
The move marks the first post-war foreign investment in Syria’s banking sector
Syria clinches USD 225 mn World Bank grant
The funding will support rebuilding water and sanitation infrastructure, as public health access
The reconstruction “gold rush” is mostly stuck at the starting line
A brief window of genuine investment momentum is now largely closed as the US-Israel war on Iran rages on
Syria taps World Bank, Oliver Wyman for financial sector reform
Oliver Wyman and the World Bank are helping with technical support and reviews, and Qatar Fund for Development is bankrolling…
IEA cuts outlook for oil demand as supply nosedives
PLUS: Higher inflation in Cairo + Muscat as luxury retail spending stumbles in Dubai
Turkish banks are eyeing Syria — and Stellantis is doubling down on Algeria
PLUS: Surprising exactly no one, business activity slumped last month in Qatar and Kuwait
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