Cement (830)

13-01-2014

The Minister of Petroleum has confirmed that a Russian engineering company, Stroytransgaz, was still operating in Syria and that it planned to commission a gas processing plant by the end of this year.

06-01-2014

The production of Portland cement by Syrian state plants continues to be well below planned levels.

06-01-2014

CMA-CGM is negotiating with the Syrian authorities to manage the container terminal of the Tartous Port as the owner of the global shipping company is fined by a Syrian court over a business dispute, according to press reports.

23-12-2013

Some three million Syrian pupils have been forced to leave school in the last three years, according to a report by UNICEF.

16-12-2013

In addition to the coastal area, the Suweida governorate is among the rare parts of Syria to witness some level of business activity.

16-12-2013

The United Nations has requested $6.5 billion in funds to help it cope with the humanitarian situation of Syrian refugees and internally displaced persons.

25-11-2013

Audi Capital Syria, the investment arm of the Audi-Saradar Group in the country, is suspending its operations.

18-11-2013

Syria’s Democratic Union Party, or PYD according to its Kurdish acronym, a hardline Kurdish group, announced the formation of a transitional civil authority in the majority Kurdish areas of Syria.

18-11-2013

Syria’s main opposition group, the National Coalition, announced last week the formation of a government to administer the parts of Syria that are no more under regime control, putting the country in the awkward situation of having, formally, two governments.

18-11-2013

Syrianair has suspended all its flights to Egypt, the Egyptian Civil Aviation Authority has announced.

11-11-2013

The production of Portland cement by Syria’s state-owned plants declined by more than 50 percent in the first three quarters of this year compared to the same period of 2012.

28-10-2013

Cham Capital, a brokerage firm, has announced the resignation of its general manager.

21-10-2013

The English transcript of the interview of Syrian President Bashar Al-Assad with Al Mayadeen on October 21, 2013.

14-10-2013

The price of cement sold by state-owned companies has been raised again, the fourth such rise in 18 months.

29-09-2013

The English transcript of the interview of Syrian President Bashar Al-Assad with Italian Rai News on September 29, 2013.

23-09-2013

Bank of Syria and Overseas elected a new director to its board.

23-09-2013

The English transcript of the interview of Syrian President Bashar Al-Assad with Chinese CCTV news on September 23, 2013.

16-09-2013

Syria’s state-owned textile companies have accumulated losses of 17.6 billion pounds from the violence of the last two years and seen countless companies, including all those in Aleppo, stop production.

03-09-2013

The English transcript of the interview of Syrian President Bashar Al-Assad with Le Figaro on September 03, 2013.

02-09-2013

The Central Bank of Syria has continued to devalue the formal rate of its currency, while tension in the black market receded somewhat in recent days.

02-09-2013

Al-Badia Cement, one of Syria’s leading cement manufacturers, has reported a decline in revenues and a steep rise in losses over unrealized foreign exchange costs.

26-08-2013

Several key economic portfolios changed hands in a government reshuffle last week that testifies to the growing deterioration of the Syrian economy.

26-08-2013

The English transcript of the interview of Syrian President Bashar Al-Assad with Russian Izvestia newspaper on August 26, 2013.

05-08-2013

Book of conditions to be purchased from company (SYP 500)

22-07-2013

The Syrian President has issued a decree establishing two new appeal courts in the coastal region.

22-07-2013

Syria’s state-owned cement production body reported a significant decline in its output in the first half of the year.

15-07-2013

After a week which saw it cross the 300 pound level, the US dollar dropped following the intervention of the Central Bank.

08-07-2013

Syria’s Baath Party has announced the election of a new regional command, which is formally the executive branch of the party in Syria.

08-07-2013

The number of transactions in the Damascus real estate market surged in the first half of this year, according to official data.

04-07-2013

The English transcript of the interview of Syrian President Bashar Al-Assad with Al-Thawra newspaper on July 04, 2013.

24-06-2013

The US dollar continued to trade for most of the last week at just below 200 pounds in the currency market with little indications that the Syrian pound would regain lost ground.

24-06-2013

Syrian stocks fell in all of last week's sessions ending a month and a half of weekly gains.

17-06-2013

Facing growing difficulties to supply foreign currencies to the market and as inflation continues to increase, the government imposed last week severe restrictions on import trade by the private sector.

17-06-2013

The last week has seen a sharp decline in the value of the Syrian Pound with the national currency losing more than 20 percent of its value relative to the dollar.

10-06-2013

Continuing shortages of oil products in the market have led to the dismissal of the head of Mahrukat only six months after his appointment.

10-06-2013

Syria has signed contracts worth EUR 40 million for the import of electrical equipments from Iran.

20-05-2013

Syria is paying a premium of some 5 percent on the wheat it is importing from global markets, as exports to the country grow increasingly routine, according to Reuters.

20-05-2013

The price of cement sold by state plants has been increased by the government by some 50 percent following a rise in its production costs.

13-05-2013

The demand for cement in Syria will surge to three times its pre-conflict level, according to a Syrian economist.

13-05-2013

The government has imposed a fourfold increase in the price of fuel oil in a bid to reduce its subsidies bill.

01-05-2013

Rami Makhlouf has resigned from the board of Syriatel, the company he founded and that came to symbolize in the last decade his role as Syria’s most powerful businessman.

09-04-2013

The Syrian government is planning to relocate state factories to “safe areas” in the country, according to the Minister of Industry.

01-04-2013

Book of conditions to be purchased from company (SYP 500)

01-04-2013

The Syrian Pound lost again some ground last week against the US dollar and other foreign currencies in the black market.

27-03-2013

The production of cement by Syria’s public sector decreased by around 25 percent in 2012 because of a suspension of activity at its plants located in Aleppo.

25-03-2013

Al-Badia Cement posted an increase in sales last year, its first full year of operations.

25-03-2013

The Ministry of Transport has announced that it was going ahead with a deal to purchase ten Ukrainian-made Antonov planes to expand the fleet of Syrianair.

25-03-2013

The governor of the Central Bank of Syria has said that the USD 1 billion credit line recently received from Iran was helping his institution defend the Syrian Pound.

11-03-2013

Syriatel has announced that its largest shareholder, Rami Makhlouf, was giving up his shares in the company to a new entity dedicated to humanitarian and developmental projects, although Mr Makhlouf owns the majority of the shares of that new entity.