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Turkish economy unaffected by coup bid

Turkey’s failed coup will have only a minor impact on the country’s economy, Deputy Prime Minister Mehmet Simsek said Monday. Speaking ahead of the markets opening to Bloomberg television, Simsek, who has special responsibility for economic matters in Turkey, said: “The Turkish economy will be...

Cement price rises in Syria after fuel prices hike

(Eqtsad)- The General Institution for Cement and Building Materials of Syrian regime government released a new price list of cement after less than two months of prices increase. The price of one ton of Portland cement delivered by the factory or the institution warehouses became 34000 SP. The...

Syria hikes price of petrol by 40 pct: state media

Syrian authorities on Thursday decided to raise the price of fuel, the official news agency SANA said, including petrol by 40 percent. The minister of internal trade and consumer protection issued the order for the price of a liter of petrol to be increased from 160 to 225 Syrian pounds (about...

Olive oil prices soar in Syria as exports increase

Translation by Yusra Ahmed (Eqtsad)- Exporting olive oil to Gulf Countries and Europe led to doubling its price 100% within 3 months. Eqtsad correspondent in Homs reported that the price of one 16-litre-can of olive oil is sold in the north countryside of Homs for SYP (20-25) thousand, while...

Prices soar in Ramadan, Syrians suffer in Gaziantep

Translation by Yusra Ahmed (Eqtsad)- Prices in the first day of Ramadan were shockingly high to Syrian people live in the Turkish city of Gaziantep. The price of a medium-sized piece of Marook reached to TYR 6 (almost $2) while one kilogram of date reached to TYR 8 ($2.7) and the tamarind TYR...