Karam Shaar Post-conflict power transitions are inherently messy; one year is far too short to fully disentangle signal from noise. That said, while Syria’s economic end state remains uncertain, the direction of travel is becoming clearer. The Good Unlike many pessimistic predictions, I believe the economy is on a strong

Following a year marked by profound political and economic shifts in Syria, the exchange rate of the pound (SYP) remained the most immediate and telling proxy for the country’s pervasive uncertainty. Throughout 2025, the pound experienced fluctuations reflecting the fragility of the monetary environment and the market’s acute sensitivity to

Nearly a year after Assad’s toppling, the October 2025 parliamentary elections marked the first institutional test of the transitional period. While the new People’s Assembly operates within an incomplete constitutional framework—most notably lacking a Supreme Constitutional Court and a High Judicial Council, which constrains its independence and oversight capacity—this article

On the eve of the Assad regime’s collapse in December 2024, an Iranian oil tanker bound for Syria made a U-turn in the Red Sea. Once an oil exporter producing around 150,000 barrels per day (bpd) in 2010, Syria had, during the conflict, become dependent on Iranian oil imports. Between

Within hours of opposition fighters arriving in Damascus on 8 December 2024, Israeli military forces launched a large-scale ground operation into Syria, taking control of the 50-year-old demilitarized zone and advancing deeper into parts of western Daraa and Quneitra. In total, approximately 350 square kilometers of territory were captured, stretching

After a decade of war and sabotage, gas is again flowing in through neighbouring countries, with Qatar footing the bill. Syria’s new energy map is taking shape, revealing who is powering the recovery—and gaining influence.

Syria’s deflation is already slipping, just as the Central Bank stops publishing inflation data. Fresh WFP figures show living costs quietly rebounding, exposing how fragile the recent “stability” really was.

With nearly a third of Syria’s tree cover gone, forests have become fire-prone front lines where poverty, conflict pressures, and climate extremes meet. Environmental loss is quickly becoming a political fault line.

New Gulf and Turkish MoUs are reshaping Syria’s investment agenda, signaling a shift away from the conflict-era landscape dominated by coercive Russian and Iranian deals.

Europe and Syria’s Fragile Transition
Europe has backed Syria’s transition with significant support, yet Damascus increasingly treats Europeans as an afterthought. This widening strategic gap threatens a relationship central to Syria’s stability and to Europe’s core interests.

In an exclusive, Mazen Darwish reveals that France will transfer €32 million from Rifaat al-Assad’s seized assets to the Syrian government and reflects on the deeper structural flaws in Syria’s justice system.

A new council, two funds, and a rewired investment law—Syria’s economic infrastructure is being rebuilt at speed. But does centralization unlock delivery or hard-code cronyism into the recovery?