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  • 1 year ago
Syria's stock exchange reopens after six-month closure in run-up to al-Assad ouster

The move to reopen comes as international restrictions on Syria's financial systems begin to ease in a bid to give the country a chance to rebuild after 14 years of civil war.

READ MORE : http://www.euronews.com/2025/06/02/syrias-stock-exchange-reopens-after-six-month-closure-in-run-up-to-al-assad-ouster

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Transcript
00:00Trading has resumed on the Damascus Securities Exchange after a six-month-long break.
00:07It was closed from early December in the chaotic days of a surprise rebellion
00:12that led to the ouster of former long-time President Bashar al-Assad.
00:16But now, Syria's new leadership is looking to shore up the country's battered economy
00:20and begin rebuilding after almost 14 years of civil war.
00:25The role of the economic state is to be able to do the development of the economy,
00:30and the economic development of the economy.
00:32We are not open to the economy, we are not open to the economy.
00:37We are open to the economy.
00:38We want to be open to Syria, and we will find the strong struggle, and we will build success.
00:46The move to reopen comes as international restrictions on Syria's financial systems are beginning to ease.
00:52US President Donald Trump was the first to announce the lifting of sanctions on Syria
00:57in a visit to Riyadh in May during his tour of the Middle East.
01:01The UK and EU also followed suit and eased restrictions and lifted sanctions
01:06in a bid to give the country a chance at recovery and rebuilding.
01:10Last week, Syria also signed a mega 6.1 billion euro deal with a consortium of Qatari, US and Turkish energy companies.
01:19The deal will see these companies champion various energy projects that are expected to supply the country with more than half of its electricity needs.
01:26Thank you very much.
01:27Thank you very much.
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