With new momentum between Damascus and Baghdad, we examine the feasibility, costs, and implications of reviving the Kirkuk-Baniyas pipeline.

In 2025, the Central Bank announced the unification of official exchange rates and imposed a fixed trading margin between the official and black market rates. How did it track along in reality?

China’s mood toward Damascus is improving. Private trade and investment are recovering, but Beijing’s security and economic calculus continue to cap cooperation.

The suspension of many U.S. sanctions removed a layer of complex regulatory restrictions. However, remaining tariff and non-tariff barriers continue to keep Syrian exports commercially unviable.

Mapping nighttime light provides a rare insight into Syria’s recovery. Analysis shows that government-controlled cities are experiencing a surge, whereas As-Suwayda stands as a glaring outlier.

Karam Shaar— A year on, Syria has almost certainly recovered faster than forecast. However, the overall economic direction is increasingly unclear with multiple worrying signs.

In 2025, the Syrian pound moved less on economic fundamentals than on headlines. This article examines how announcements, liquidity controls, and market sentiment shaped the currency over the year.

The first post-Assad parliament was meant to signal inclusion. Our mapping of the 119 elected MPs tells a different story, clearly showing who made it in and who is absent.

Syria is simultaneously importing and exporting crude. We investigate this paradox, including how a little‑known buyer may mask a larger company and what the supplier map means for Syria’s energy security.

What began as a “buffer zone” is turning into a permanent presence. One year on, we look at how Israel’s incursions are reshaping daily life in Syria—and raising the risk of escalation.

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.