FBI disrupts attempt by Chinese academics to smuggle crop-killing fungus into US
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The Damascus Securities Exchange resumed trading on Monday after a six-month suspension following the political transformations that occurred in Syria since December 8, Al-Eqtisadiya reported on June 2.
Syrian Finance Minister Mohammad Barniyeh said that reopening the Damascus Securities Exchange sends a message that the Syrian economy has begun to move and recover, noting that the market will be a private company and a genuine centre for developing the Syrian economy, according to SANA news agency.
Barniyeh confirmed work to keep pace with digital developments, saying: "Our economic vision is based on justice, fairness, private sector leadership and attracting investment, and we will work to facilitate business and there are promising investment opportunities."
Dr Basel Asaad, Executive Director of the Damascus Securities Exchange, described the reopening as a historically significant milestone for Syria.
He said the exchange's readiness to resume operations and strengthen its role, anticipating broader and more substantial investments in Syria's evolving economy.
Despite limited resources, Asaad highlighted the exchange's success in carrying out its responsibilities with transparency and ensuring investor ownership protection.
Abdul Razzak Kasem, Chairman of the Board of Commissioners of the Syrian Securities and Financial Markets Authority, stated that resuming trading marks a new chapter in the history of Syria's financial markets sector.
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