Cement (872)

24-11-2014

The announcement last week by the Central Bank of Syria that it planned to pump more than USD 150 million this week to prop up the pound has done little to reassure markets or to strengthen the value of the national currency.

17-11-2014

ISIS, the radical takfiri group that controls large swathes of Syria, announced last week that it would start minting its own gold, silver and copper coins.

27-10-2014

The Syrian President has issued a decree nominating five new Governors in Lattakia, Tartous, Aleppo, Idlib and Quneitra.

20-10-2014

The Syrian government has raised to world market levels the price of gas oil and fuel oil sold to manufacturers, effectively ending all subsidies on this segment of the market.

20-10-2014

After a weeklong break, investors resumed trading in the Syrian bourse last week.

13-10-2014

Wael Halqi, the Syrian Prime Minister, inaugurated last week several upscale retail and tourism projects in Tartous worth a combined USD 100 million amid an outcry from regime supporters.

13-10-2014

Syria’s state-owned cement plants have witnessed another decline in their production level in the first six months of this year.

06-10-2014

United Insurance Company, a private insurance company, said that it replaced one of its directors because of repeated absences from board meetings.

24-09-2014

The text of U.N. Security Council resolution 2178 (2014) adopted on September 24, 2014, calling on all States to cooperate urgently on preventing the international flow of terrorist fighters to and from conflict zones.

23-09-2014

UPDATED on September 23: Reports have emerged that ISIS has taken over a cement plant that represents the largest foreign investment in the country outside the oil sector.

15-09-2014
Syria plans to open direct shipping lines with Iran and Russia to ease foreign trade ties.

08-09-2014
The Syrian authorities are starting to plan the distribution of heating oil to the population for the upcoming winter, as supplies are likely to be below previous years.

25-08-2014

The shares owned by Firas Tlas in the Syrian subsidiary of Lafarge Cement, the global cement manufacturer, have been seized by the Syrian Government.

15-08-2014

The text of U.N. Security Council resolution 2170 (2014) adopted on August 15, 2014, calling on all States to act to suppress the flow of foreign fighters, financing and other support to Islamist extremist groups in Iraq and Syria, and putting six persons affiliated to those groups on its terrorist sanctions list.

04-08-2014

Almost all the lending of the Commercial Bank of Syria, Syria’s largest lender, is funding Government food purchases, according to a statement from officials from the bank.

28-07-2014

In a surprising move, Cinema City, a multiplex cinema theatre based in Damascus, announced that it was reopening its doors, a year after its closure.

21-07-2014

One of Syria’s state-owned press groups is reportedly planning to issue a daily newspaper to cover Tartous local news.

16-07-2014

The English transcript of the speech of Syrian President Bashar Al-Assad during his Inauguration ceremony on July 16, 2014.

14-07-2014

The text of U.N. Security Council resolution 2165 (2014) adopted on July 14, 2014, on delivering humanitarian “across conflict lines.”

07-07-2014

The executive arm of the Syrian opposition is continuing to take various steps to strengthen its credentials in opposition areas and among refugee communities.

30-06-2014

Ninety years after it was abolished by Ataturk, an Islamic Caliphate has been formally established on some parts of Syria and Iraq by the Islamic State of Iraq and Sham, a radical Islamist group.

30-06-2014

Book of conditions to be purchased from company (EUR 20)

30-06-2014

Syria has extended a ban on the import of Portland cement for three more months.

30-06-2014

The English transcript of the interview of Syrian President Bashar Al-Assad with Al-Akhbar in June, 2014.

23-06-2014

Al-Badia Cement said that operations at its plant located outside Damascus have resumed after a suspension of several weeks.

16-06-2014

Shares in Syria International Islamic Bank gained last week and attracted investors’ interest on the back of the removal of the company from the European Union sanctions list.

09-06-2014

Al-Aqeelah Takaful has announced the appointment of a new general manager.

19-05-2014

Updated May 20, 2014: In spite of limited financial means, the Interim Government of the Syrian opposition has announced plans to restore production at a power plant as well as to relocate within Syrian territory.

19-05-2014

A Presidential decree has established a new public sector university in the central province of Hama.

12-05-2014

The US Treasury has blacklisted a number of new individuals and entities for their support of the Syrian regime, including a Russian bank.

05-05-2014

The American Administration has upgraded the representation in the US of the National Coalition, the largest grouping of Syrian opposition forces, to a “foreign mission,” giving it a small political boost.

21-04-2014

The Syrian Pound recovered in the last few days some of the ground lost against the dollar in previous weeks.

21-04-2014

Syria’s Presidential election, largely expected to be a farce, will take place on June 3.

14-04-2014

The US dollar climbed in the Syrian foreign exchange market last week as pressures mounted on the Syrian currency.

14-04-2014

The Syrian Government is pursuing its policy of price controls and has now set limits to the profit margins that can be generated in the cement supply chain.

13-04-2014

The Syrian Investment Agency has announced that it licensed a number of new investments in the first quarter of this year.

08-04-2014

The number of Syrian refugees in Lebanon crossed the million mark last week, according to the United Nations.

31-03-2014

The Minister of Industry has named new businessmen to the board of the Homs Chamber of Industry.

31-03-2014

In 2013, demand for cement in Syria declined by 60 percent compared to its level prior to the uprising.

24-02-2014

The Aleppo and Damascus chambers of industry have new boards of directors as new members replace absentees.

24-02-2014

Syria’s transport industry lost some 61 billion Syrian pounds from the conflict according to the Minister of Transport.

22-02-2014

The text of U.N. Security Council resolution 2139 (2014) adopted on February 22, 2014, approving all necessary measures to combat ISIS.

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.