Stock Exchange Opened In Damascus Again

In the capital of Syria Damascus, the re -opening of the stock exchange took place, years after the overthrow of the BAAS regime. This was reported by the Syrian News Agency.

The Minister of Economics and Industry Nidal Shaar, Minister of Communications and Information Technologies Abducals Hayikal, Minister of Finance Muhammad Yusr Beriniye, Chairman of the Central Bank Abdelcadier Hasriye, as well as representatives of a number of companies.

, took part in the opening ceremony.

Speaking at the opening, the Minister of Finance Berinius said that the resumption of the exchange of the exchange is evidence of the beginning of economic revival in the country. He noted that the Dama Stock Exchange will function as a private company, will become a real economic center and adapt to digital transformation.

Bernium emphasized that their economic vision is based on justice, equal rights, leadership of the private sector and attracting investments. “We will work to simplify the business climate. We are opening up for encouraging investment prospects,” he said.

He also added that the exchange will not become a competitor to the private sector, but, on the contrary, will play a unifying and supportive role.

The minister clarified that the current discovery is only a trial step, and a full launch will take place after the adoption of the relevant laws regulating the stock market, investments and activities of companies.

At the end of the Berinius ceremony and other officials, they jointly hit the stock bell, symbolically marked the discovery.