Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Syria Business Journal.
Syria encourages inclusion of SDF members into national army
MENAFN
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July 10, 2025
(MENAFN) The Syrian interim government has reiterated its opposition to any attempts at dividing the country, following a recent meeting in Damascus between Syrian leader Ahmed al-Sharaa and Mazloum Abdi, commander of the Kurdish-led Syrian...
Syria’s wildfire threats thousands of civilians
MENAFN
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July 10, 2025
(MENAFN) Wildfires sweeping through Syria’s northwestern Latakia province have directly impacted around 1,900 families, with thousands more in potential danger, according to reports from the United Nations humanitarian agency on Wednesday. The UN...
Wildfires Impact 1,900 Families in Syria
MENAFN
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July 10, 2025
(MENAFN) The northwestern Syrian province of Latakia continues to suffer from relentless wildfires now entering their eighth day, directly impacting approximately 1,900 families and putting thousands more at risk, the United Nations humanitarian...
Syria Reaffirms Rejection of Partition
MENAFN
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July 10, 2025
(MENAFN) The Syrian interim government on Wednesday firmly restated its opposition to any form of territorial division, following a high-level meeting in Damascus between Syrian leader Ahmed al-Sharaa and Mazloum Abdi, commander of the Kurdish-led...
Turkish Finance Minister states benefits of disarming PKK on economy
MENAFN
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July 9, 2025
(MENAFN) Türkiye’s Treasury and Finance Minister Mehmet Simsek has stated that the disarmament of the terrorist PKK will lead to “massive economic gains” for the region. Speaking at the UK-Türkiye Islamic Finance Forum in London, Simsek also...
Syria calls for investment to help revive nation’s damaged infrastructure
MENAFN
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July 8, 2025
(MENAFN) Syria's energy minister Mohammed al-Bashir on Monday made a public appeal for investment to help revive the country's severely damaged energy infrastructure. "It is no secret that we are facing enormous challenges in the energy sector,...
Syrian Energy Chief Calls for Investment in Rebuilding War-Torn Sector
MENAFN
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July 8, 2025
(MENAFN) On Monday, Syria’s energy minister Mohammed al-Bashir emphasized the urgent need for fresh investment to rebuild the country’s severely damaged energy infrastructure. Speaking at the launch of the 6th Syria International Exhibition for...
UAE Leader talks with Syria’s Leader to establish cooperation
MENAFN
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July 8, 2025
(MENAFN) UAE President Sheikh Mohamed bin Zayed Al Nahyan met on Monday with visiting Syrian leader Ahmed Al-Sharaa to explore avenues for expanding cooperation between their two nations, according to official reports. The meeting focused on...
TOBB Plans Delegation to Damascus
MENAFN
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July 8, 2025
(MENAFN) The Union of Chambers and Commodity Exchanges (TOBB) is organizing a delegation set to visit Damascus with the aim of exploring opportunities to assist in Syria’s rebuilding efforts and rejuvenate its private sector and entrepreneurial...
Turkish TOBB Set for Damascus Visit, Backs Syria’s Recovery
MENAFN
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July 8, 2025
(MENAFN) The Union of Chambers and Commodity Exchanges of Türkiye (TOBB) is set to send a delegation to Damascus within days to examine potential contributions to Syria’s reconstruction efforts and the revival of its private sector, TOBB President...
U.S. Drops Syrian Group HTS from Terrorist Listing
MENAFN
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July 8, 2025
(MENAFN) The State Department has eliminated the terrorist designation for al-Nusrah Front, widely recognized as Hayat Tahrir al-Sham (HTS), based on an unpublished Federal Register notice released Monday. "In consultation with the Attorney...
Syria, UK Restore Diplomatic Ties
MENAFN
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July 6, 2025
(MENAFN) Syria and the United Kingdom have officially restored diplomatic relations, as confirmed on Saturday, following British Foreign Secretary David Lammy’s visit to Damascus. Both nations released statements affirming the new chapter in their...
Syria Initiates Coordinated Efforts to Control Deadly Wildfires
MENAFN
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July 6, 2025
(MENAFN) On Sunday, Syrian authorities initiated a joint operations center aimed at controlling the wildfires that have ravaged over 7,000 hectares of forest in the Latakia province for the past four days. Raed al-Saleh, head of Syria's emergency...
Pentagon to support armed groups in Syria against ISIS groups
MENAFN
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July 7, 2025
(MENAFN) The U.S. Department of Defense has set aside $130 million in its 2026 budget to support various armed groups in Syria, including the Syrian Democratic Forces (SDF), which is led by the PKK/YPG, under its Counter-ISIS Train and Equip Fund...
Wildfires Sweep Northwestern Syria, 10,000 Hectares Destroyed
MENAFN
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July 7, 2025
(MENAFN) Wildfires are rapidly spreading across northwestern Syria, engulfing approximately 10,000 hectares of forest land, officials confirmed Sunday. New flames have ignited in Qastal Maaf, a town in Latakia’s rural area, according to a local...
U.S. Allocates Millions to Support Syria-Based Forces
MENAFN
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July 7, 2025
(MENAFN) The U.S. Department of Defense has designated a budget of USD130 million for the year 2026 under the “Counter-ISIS Train and Equip Fund (CTEF),” aimed at providing aid to factions in Syria, including the Syrian Democratic Forces (SDF),...
Pentagon Commits USD130M to Train PKK-Linked Forces in Syria
MENAFN
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July 7, 2025
(MENAFN) The Pentagon has designated $130 million for the 2026 fiscal year under the "Counter-ISIS Train and Equip Fund (CTEF)," aimed at supporting armed groups in Syria, including the Syrian Democratic Forces (SDF), which is led by the PKK/YPG...
Syria Rejects External Debt After Economic Breakthrough
MENAFN
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July 5, 2025
(MENAFN) Syria's Central Bank Governor Abdul Qader Husariya delivered a decisive blow to traditional borrowing models Friday, announcing the nation will completely reject external financing under new leadership. "Syria, by order of President Ahmad...
Syria Rejects Foreign Debt, Eyes Economic Revival
MENAFN
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July 5, 2025
(MENAFN) Abdul Qader Husariya, the head of the Central Bank of Syria, announced on Friday that the nation has no plans to seek financial assistance from outside sources. “Syria, by order of President Ahmad al-Sharaa, will not resort to external...
Syria isn't going to borrow from the International Monetary Fund or World Bank
MENAFN
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July 5, 2025
(MENAFN) The head of Syria’s central bank, Abdul Qader Husariya, has announced that the country has no plans to take on debt from external sources. “Syria, by order of President Ahmad al-Sharaa, will not resort to external debt, nor will there be...