Damascus, SANA- Minister of Finance, Mohammad Yasser Barnieh confirmed that efforts are underway to develop the Damascus Securities Exchange through a series of measures, including increasing the number of trading days from three to five per week starting in July.

In a post on the LinkedIn platform, Minister Barnieh announced that a general assembly meeting for the exchange is scheduled for September to elect a new board of directors.

He added that, in collaboration with the new board, the Capital Market Authority, and specialized experts, a comprehensive development plan will be launched. This plan aims to expand the supply side of securities and create favorable conditions for the listing of more family-owned businesses, private universities, and other companies and institutions.

The minister also noted that the plan includes the introduction of new financial and investment tools and services to stimulate demand.

Nisreen Othman / Manar Salameh