Syria is due to open its stock exchange market in the first half of 2006 at the old headquarters of the Ministry of Supply, al-Thawra daily reported Sunday.
Chairman of Syrian Chambers of Commerce Rateb al-Shalah said that transparency and adequate accounting system are the main factors for making the Syrian stock exchange market a success, the daily added.
Shalah noted that Syria was able to lure huge capitals during the last year which reflected strong confidence in the Syria economy as a promising economy.
For his part, Chairman of the Syrian-Saudi Businessmen Council and Executive Director of BMG Company for Saudi Monetary Consultations Basel al-Galayni said that the Syrian stock exchange market constitutes "a good option for attracting Arab and foreign investments and companies."
He added that BMG company opened a bureau in Damascus due to the importance of investment in Syria, asserting that the BMG Company encourages Gulf investors to establish joint projects in Syria.