AGP Executive Report
Last update: an hour agoSyria’s payments reboot: Visa and Mastercard processed Syria’s first international card payments in more than 15 years after Washington removed Syria from the State Sponsor of Terrorism list and revoked HTS’s SDGT designation, with QNB and Lebanon’s Fransabank involved—an early sign of Syria’s push to modernize its financial rails. Power sector rebuild: Syria says it can rebuild its electricity system with over $10bn pledged for generation, transmission and exploration, arguing it can avoid Jordan’s missteps by separating regulation, transmission and commercial operations. Storm hits Homs grid: A severe weather system knocked out power across central Homs, taking more than 20 medium-voltage lines offline and disrupting rural areas including Taldu, Palmyra and Talkalakh. Reconstruction finance momentum: With sanctions easing, Syria is positioning itself for deeper financial integration and investment, highlighted by the new card-processing milestones. Regional energy links: Iraq is moving ahead on a Basra–Haditha–Fishkhabur pipeline with a spur to Baniyas on Syria’s coast, tied to reactivating the Kirkuk–Baniyas route. Digital cooperation expansion: Syria is set to join the Digital Cooperation Organization as membership expands, aiming to shape cross-border rules for data and AI.
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