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As the 60th Damascus International Fair approaches, preparations are drawing to a close amid intensive efforts and continuous pace of work with the participation of 48 countries and 1700 local, Arab and international companies and a number of businessmen from abroad
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Minister of Economy and Trade Dr. Mohammad Nidal al-Shaar said that the decision to suspend importing materials with +5% customs is temporarily and precautionary and could be adjusted.
In statements made late ...
Minister of Economy and Trade Mohammad Nidal al-Shaar underlined the deep relations between Syria and Iraq and the importance of booting them in the upcoming stage through holding bilateral meetings and signing agreements in ...
The SYP/USD opened the week's trade at 48.62 and closed at 48.57, recording a 0.102 % drop, while the Euro started off the weekly trading at 66.38 and closed at 66.62, with a 0.36 % increase.
of Syria (CBS) weekly report, the ...
London - Gold rose to a two-week high on Tuesday as concerns about a spreading EU debt crisis fuelled safe haven buying, while a softer dollar provided support.
Spot gold hit $1,523.30 a troy ounce, its highest since May 11. It was bid at $1,520.80 an ounce at 1149 GMT from ...
Damascus - Prime Minister, Adel Safar, and Director of the Middle East Region at Total Company for Oil Exploration and Production, Arno Breyak, on Tuesday discussed prospects of cooperation, stressing the importance of establishing a long-term partnership between Total and the Syrian oil companies. ...
Moscow - The Internet economy in Russia is likely to hit a rapid growth spurt in the next four years, a report by Google said.
Between 2011 and 2015, Internet commerce in Russia is expected to jump from 1.6 percent of gross domestic product to 3.7 percent, The Moscow Times reported recently ...
New York - Crude oil prices fell sharply during the weekend to less than $98 a barrel as the euro lost ground and a report pointed to slower economic growth in China.
The dollar index, a prorated measure of the U.S. dollar against six major currencies, rose to 76.282 from Friday's 75.441. The ...
Damascus - Syria’s production of apples rank third at the Arab level and 32nd internationally while it is the 9th at the Asian level, according to a study conducted by the National Center for Agricultural Policies at the Ministry of Agriculture and Agrarian Reform. ...
Damascus – The exhibitions held in Syria witness a huge turnout by industrial, trade and educational companies from the local, Arab and international markets.
Exhibitions industry has not been influenced by the latest events witnessed in Syria since ...
Washington - The global economic recovery is accelerating but remains vulnerable to setbacks, IMF acting Managing Director John Lipsky said recently, as he urged continued international support for shaky economies in Europe.
"The global recovery is gaining strength. But it remains fragile ...
Astana - The European Bank of Reconstruction and Development (EBRD), which funds projects in Eastern Europe and the former Soviet states, on Saturday launched the process to expand to North Africa and the Middle East.
“EBRD shareholders have made significant progress towards ...
New York - The euro should remain vulnerable to negative headlines about Greece’s debt next week, but will likely trade within a range as investors hesitate to sell the euro zone single currency with a key European Central Bank meeting around the corner. ...
Montana - US firms could support nearly one million more jobs if China stopped intellectual property violations, a study said on Wednesday, leading US lawmakers to call for a tough line with Beijing.
In a report requested by senators, the US International Trade ...
Damascus – The US$ continues stable against the Syrian Pound at 47,69 for the sixth week in a row, while the Euro started off its weekly trading at SYP 68,84 and closed at 67,72
The Euro began its week trading lower after the European Central Bank announced that there won't be a decision ...
Pyongyang - Syria, represented by the General Establishment for International Expos and Markets, is participating in the 24th edition of Pyongyang Spring Festival for International Trade which kicked off on Tuesday with the participation of 280 bodies and companies from all over the world. ...
Singapore - Oil prices fell to near $97 a barrel Tuesday in Asia, extending a two-week fall amid investor concern slowing U.S. economic growth could undermine demand for crude.
Benchmark crude for June delivery was down 27 cents to $97.10 a barrel at midday Singapore time in electronic trading ...
Damascus- A group of the Syrian youths on Sunday launched a popular campaign under the title 'Hand in Hand Towards Supporting the Syrian Pound' with the aim of facing the attempts to destabilize the exchange rate of the Syrian Pound as a part of the conspiracy hatched against Syria. ...
Tokyo - Japanese consumer confidence fell at the fastest pace on record in April from the previous month; data showed Monday, after March’s earthquake, tsunami and a nuclear crisis cast a shadow on the economy.
The data showed consumer sentiment worsening to ...
BRUSSELS - The 17 nations that share the euro as currency posted a $3.9 billion trade surplus in March, Eurostat said Monday.
The surplus is slightly higher than the $3.8 billion surplus of March 2010.
From February to March, eurozone exports rose by ...
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