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Business & Finance

December, 2022

  • 7 December

    Novak: Russian oil will always have buyers

    Moscow, SANA- Russian oil has always been in demand in the world market and will always have buyers, given the growth in the economy and limited supply, Deputy Prime Minister …

  • 7 December

    Europe to pay for Russian oil price cap, Chinese expert warns

    Moscow, SANA- Europe will have to search for replacements for Russian oil and pay higher prices after introducing a price cap, Cui Heng, an assistant research fellow at the Center …

  • 6 December

    People’s Assembly approves the State General Budget’s draft law, set at SYP 16550 billion

    Damascus, SANA-The People’s Assembly approved on Tuesday the State’s General Budget’s draft law for the fiscal year of 2023 to become a law. According to the draft law, the approbations …

  • 6 December

    Russia’s oil production up 2.2% in 11M 2022 to 488 mln tonnes, says Novak

    MOSCOW, SANA- Russia’s crude production increased by 2.2% in January-November 2022 to 488 mln tonnes, Deputy Prime Minister Alexander Novak told reporters. “As much as 488 [mln tonnes] in 11 …

  • 5 December

    A great treasure of aromatic plants (green gold) existed in Syria- Report

    Damascus, SANA-Syria possesses a high comparative advantage through its production of many species and plant origins, especially medicinal and aromatic plants, or what is known as “green gold”. The Syrian …

  • 5 December

    Gazprom supplies gas for Europe through Ukraine equaling 42.4 mln cubic meters  

    MOSCOW, SANA- Gazprom supplies gas for Europe through Ukraine in the volume of 42.4 mln cubic meters per day via the Sudzha gas pumping station, a Gazprom representative told reporters, …

  • 5 December

    Price cap on Russian oil to hit EU hardest, Chinese newspaper warns

    BEIJING, SANA- A price cap on Russian oil being enforced by the European Union will boomerang on Europe itself, the Global Times reported on Monday, citing Chinese experts. Instead of …

  • 5 December

    Dollar drops to 61.47 rubles

    Moscow, SANA- The dollar fell by 53 kopecks to 61.47 rubles at the opening of trading on the Moscow Exchange on Monday. The euro climbed by 40.5 kopecks to 65.405 …

  • 4 December

    Syria, Bahrain discuss enhancing banking cooperation

    Damascus, SANA- Finance Minister, Kenan Yaghi , discussed with Waheed Mubarak Sayyar, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Bahrain to Syria , ways to boost cooperation between the …

  • 1 December

    Gas price in Europe up by 18% in November to $1,558 per 1,000 cubic meters

    MOSCOW, SANA-The price of gas in Europe rose by 18% in November 2022 compared with the previous month to around $1,560 per 1,000 cubic meters, according to data provided by …