Blog
We use the blog to share our opinions and quick thoughts on various topics and engagements.

Inflation in the Post-Assad Era
In the months following the Assad regime’s collapse, Syria witnessed a dramatic inflation reversal, from 109.5% in February 2024 to -15.2% a year later. What caused this? -Elimination of key

Humanitarian Aid to Syria is Collapsing
Humanitarian aid to Syria is collapsing—even faster than it seems. Brussels conference pledges are down 24% from 2024, and 36% from 2023. But when adjusted for inflation, the real drop

Iran’s Stake in Syrian Phosphates Raises Strategic Concerns
Leaked documents indicate sales to Italy and Iran, with potential uranium extraction links. “Phosphate fertilisers can be used to extract uranium for weapons,” the report notes. Full report. Read more.

IRGC Projects in Syria Stall Amid Bureaucracy
“None of these projects have been implemented.” Why did IRGC’s oil, phosphate, and telecom ventures in Syria fail? Leaked documents point to Syrian bureaucracy and Russian competition. Full report. Read

Syria in Figures – Seventh Edition is out!
In this edition: Adjusting for inflation shows the true decline in humanitarian spending amid rising needs – The UN is suffering more than others. Deflation in the post-Assad era –

Limited US Sanctions Relief Risks Syrian Realignment
In his remarks to WSJ, BenjaminFeve warns that limited U.S. sanctions relief risks driving Syria closer to Russia and China. More highlights.

Shaping Syria’s Recovery with the United Nations
Excited to start a new role as Chief Economic Consultant to the Office of the United Nations Resident Coordinator in Syria. My work will focus on developing the UN’s plan

Supporting Syria Through Data, Access, and Expertise
We are uniquely positioned because we combine deep access inside Syria with strong analytical capabilities using cutting-edge tools. At Karam Shaar Advisory, we support governments, donors, and media through: –

What did Iran gain from its estimated $30B-$50B investment in propping up Assad?
What did Iran gain from its estimated $30B-$50B investment in propping up Assad? Leaked documents reveal IRGC-linked projects have long stalled, debt repayments are uncertain, and the new Syrian government

With Minister Abdeslam Haykal in Syria
With my humble and informed friend, Minister Haykal.

With Tammam Al-Sahnawi in Suwayda’s Heart
This gentleman’s name is Tammam Al-Sahnawi, and this photo of us was taken in the Dignity Square—a place I had seen hundreds of times in pictures and videos, but only

Building Economic Collaboration with Syria’s New Minister
An extremely productive 3.5-hour meeting with Dr. Nidal al-Chaar, who recently assumed office as the Minister of Economy and Industry. There will be so much room for collaboration going forward!