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Damascus merchants sell properties amid economic crisis

One of the most famous merchants in Hareeqa Bazzar in Damascus, has put up ten out of his 20 shops for sale.

According to Zaman al-Wasl source, a big number of merchants are selling their shops in the area, which during the height of the war, were valued at 100-300 million.

The recession and economic sanctions imposed on the country played a central role in this decision by most merchants, which was also influenced by the security issues and  attractive buying offers from Iranian-sponsored parties.

Major markets in the capital had suffered a series of fires, said to be caused by a short circuit, the latest of which had broken out in Al-Buzuriyah bazzar, one of the most famous and historic markets in Damascus.

Zaman Al Wasl
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