Monday 21 January 2013

Iranian Credit Line to go to Power Sector

Iran is providing a USD 1 billion credit line to Syria, although around half of the amount will go to fund electricity projects developed by Iranian companies, including the construction of a power plant in the coastal area.
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Government Increases Mazout Price by 40 Percent

The Syrian government increased last week the price of heating oil by 40 percent, the fourth such rise in less than a year.
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Food & Agriculture  Data on Farming Sector Put 2011 Wheat Crop at 3.8 Million tons
Syria’s production of wheat stood at 3.8 million tons in 2011, according to the latest data from the Ministry of Agriculture.
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  Government Seeks to Expand Barter Transactions
The government wants to expand barter deals with foreign countries by establishing a special committee that will oversee this type of agreements and adopt a framework for them.
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Economy  Two New Governors in Embattled Provinces
On January 16, the Syrian President appointed new governors for two of the most contested provinces in the country.
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Education  Government Confirms Funding of Expatriate Students
Students sent abroad by the Syrian Government are still receiving financial support from the State, the Ministry of Higher Education said.
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Finance  Philippines to Buy Non-Convertible Syrian Pounds from Returning Migrants
The Central Bank of the Philippines has taken the rare decision of buying non-convertible Syrian Pounds from Filipino workers returning home from Syria.
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Finance  Banks Gain in Stock Market
The Damascus stock market index continued to rise for the second week running on the back of rising demand for banking stocks.
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Health  Thameco Reports SYP 1.2 Billion in Sales
Thameco, a government-owned pharmaceutical company, generated SYP 1.2 billion in revenues last year.
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 Newly-established companies

Jaber LLC

Trading and contracting
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Karim LLC

General trade
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Media Eyes LLC

Representation of foreign companies in the media and advertising sector
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Majed LLC (One person company)

Trading of real estate properties and of land; contracting
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Syphco, or Syrian Pharmaceutical and Chemical Industrial Company, is a pharmaceutical firm located near Damascus. The company produces a wide range of medicines and has agreements to produce under...

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Supply 600 tons of CMC-LV

Bid bonds: EUR 6250
More Energy and Mining 

Sale of Textile Wastes

Bid bonds: EUR 1500
More Textile 


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