The Damascus Securities Exchange reopened after a six-month hiatus due to the turbulent political environment during the Syrian civil war. Finance Minister Mohammed Yisr Barnieh highlighted the reopening as a positive sign of economic recovery and indicated the stock exchange would operate privately to encourage investment and business operations. The easing of international sanctions has coincided with this reopening, boosting the confidence of international investors. Further, Syria has engaged in significant energy development projects in collaboration with foreign companies to rebuild infrastructure, signaling a new chapter for the country’s economy.
The reopening of the Damascus Securities Exchange signals the beginning of Syria's economic recovery, aiming to revitalize business and attract investments.
Finance Minister Barnieh emphasized that the exchange will operate as a private company, focusing on digital transformation and acting as an economic development hub.
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