Latest News for: Damascus market


Syrians Selling More and More Gold Savings

The Syrian Observer 20 May 2024
... highlighted a concerning trend in the local market ... On Monday, May 20th, the price of gold surged in Damascus markets, with one gram of 21-carat gold fetching 21 million and 26 thousand Syrian pounds.

Real Estate Prices in Damascus Jump by 200%

The Syrian Observer 05 May 2024
The real estate market in Damascus has stagnated due to surplus supply outpacing demand, fueled by dwindling income levels and individuals seeking to divest surplus properties to fund travel or other endeavours.

Iran-Israel Strife Throws Out a Lifeline to Shippers

Live Mint 28 Apr 2024
Israel accuses Tehran of aiding Hamas, as well as Hezbollah in Lebanon — and an escalation to direct clashes between Tel Aviv and Tehran is the risk that has most worried markets.

Syrian markets and pound pay the price for increased customs dollar rate

Enab Baladi 25 Apr 2024
the official market bulletin and the transfers and money exchange bulletin, in addition to an unofficial rate known as the black market rate ... Entrance to al-Hamidiya market in DamascusFebruary 3, 2024 (Enab Baladi/Sarah al-Ahmad).

Iran-Israel Tension | India could slip on high oil prices

Deccan Herald 18 Apr 2024
The situation has altered dramatically now with the drone offensive by Iran in retaliation for the Israeli attack on its embassy in Damascus.</p><p>Other factors have also been at play in strengthening oil markets recently.

What could be behind the $300 billion drop in crypto markets?

Cex 18 Apr 2024
Market spotlight ... Tensions in the Middle East — Over the weekend, Iran launched a massive air attack on Israel in retaliation to the bombing of its consulate in Damascus on April 1, and crypto markets were among the first to react.

Rand stumbles as Israel and Iran trade fire, wider Middle East war threatens

Independent online (SA) 16 Apr 2024
The rand fell to a touch of R19 to the greenback after the escalation of the conflict in the Middle East, and other domestic factors continued to put pressure on financial markets ... on market sentiment.

How the Israel-Iran conflict could send oil prices higher

CNN 15 Apr 2024
Brent, the global benchmark, was trading down 0.9%; West Texas Intermediate futures, the US benchmark, were down 0.8% by 9.25 am ET as markets wait to see how Israel will respond ... A tight oil market ...

Iran has no easy options as it seeks to avenge Israel's Damascus attack

Gulf News 11 Apr 2024
Israel hasn’t claimed responsibility for the Damascus attack, in keeping with its usual response to accusations of targeting Iran, though it has tried to cut off weapons supplies to Islamist militant groups via Syria for years.

Iran Has No Easy Options as It Seeks to Avenge Syria Attack

Live Mint 11 Apr 2024
... come in a variety of forms.&nbsp; Full-On War Khamenei has said the Damascus assault was equivalent to an attack on Iranian soil, and the most explosive response would be to launch one in Israel.

Decorative and fighting chickens breeding: A thriving business in Latakia

Enab Baladi 09 Apr 2024
... from its products, such as eggs and meat, amidst the high prices of both items reaching unprecedented figures in the markets ... Their market is limited to some areas in Damascus, especially in Yaafour.

Israeli Shekel drops to new lows amid fears of war with Hezbollah, Iran

Press TV 06 Apr 2024
However, Hezbollah ramped up attacks on Israeli military sites on Saturday after the group’s leader Seyyed Hassan Nasrallah warned that a response to an airstrike that killed Iranian military advisors in Damascus on April 1 will be definite.

People prepare for upcoming Eid al-Fitr in Syria

Xinhua 05 Apr 2024
A man shops for sweets ahead of the upcoming Eid al-Fitr at a market in Damascus, Syria, April 4, ...

Daraa farmers suffer as green broad beans prices fall

Enab Baladi 03 Apr 2024
These areas supply the wholesale vegetable markets in Daraa and Damascus ... broad beans from his crop on March 23 and shipped it to the wholesale market in Damascus to be sold at 2,000 pounds per kilo.

Strategic Petroleum Reserve will become a live issue for Biden this summer, says RBC's Croft

CNBC 03 Apr 2024
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk on the Street' to discuss the situation in Damascus relative to oil prices, how the Strategic Petroleum Reserve will be used, and more ... .