Middle East Economic Survey
Syria Issues Law For Securities and Exchange Commission
President Bashar al-Asad on 19 June issued Law 22 of 2005 establishing the Syrian Securities and Exchange Commission to oversee the creation of a stock market in Syria. The law, approved by parliament on 13 June, stipulates that the commission will be affiliated to the office of the prime minister only, and will enjoy full financial and administrative independence. A seven-member...