China (315)

29-09-2008
Sinopec, China’s state-owned oil company has agreed to buy Tanganyika Oil Company for a total amount of USD 2 billion.
08-09-2008
ONGC Videsh is in talks to purchase a controlling stake in Tanganyika Oil Company, according to media sources.
08-09-2008

Al Badia Cement’s Initial Public Offer was oversubscribed by 171 percent according to a press statement from the company.

18-08-2008
Syria’s trade deficit increased three-fold in 2007 to reach USD 2.1 billion, the highest level in over two decades.
30-06-2008
Al Badia Cement is raising SYP 1.8 billion through an Initial Public Offer to be held between July 3rd and August 1st.
12-06-2008

The English transcript of the interview of Syrian President Bashar Al-Assad with The Hindu Daily on June 12, 2008.

09-06-2008

Al Badia Cement has signed a Memorandum of Understanding with China’s CBMI to build a cement plant in the area of Abu Al Shamat near Damascus.

02-06-2008

Syria’s production of steel billets will reach 1.15 million tons in 2009, following the commissioning of two new plants.

07-04-2008

CNPC and the Syrian Government have signed a memorandum of understanding for the construction of an oil refinery with a daily capacity of 100,000 barrels of oil.

31-03-2008

Interview with Nichola Antakli, CEO of Intraco Corporation, on the challenges for a US firm doing business in Syria.

General Motors Middle East announced on March 13 that it had appointed Intraco as the GMC distributor in Syria.

03-03-2008

Syria will start importing light crude oil in 2009, according to Omar Al-Hamad, Director-General of the Syrian Petroleum Company (SPC).

30-12-2007

China’s Haifei Automobiles expects its total exports to Syria in 2007 to reach 20,000 cars. At the end of November it had sold 18,000 cars.

05-11-2007

The Syrian government has signed an agreement with Iran, Venezuela and a Malaysian consortium to build a 140,000-barrel per day refinery in central Syria.

29-10-2007

Tanganyika Oil Company has confirmed the technical difficulties faced by its Syrian subsidiary, Dublin International Petroleum Syria Limited.

16-09-2007
The Ministry of Economy is pursuing its liberalisation of foreign trade and authorizing the import of a growing list of products.
06-08-2007

Production at fields redeveloped by Dublin International Petroleum Syria Ltd (DIPL) stood at 9 266 barrels of oil a day in the second quarter of this year according to a statement from the company.

25-06-2007
Syria is still far from its target of a social market economy, says Taysir Raddawi, the head of the State Planning Commission.
11-06-2007

Shell will devise a master plan for the development of the gas sector in Syria, following an agreement signed between the Anglo-Dutch firm and the Ministry of Petroleum.

21-05-2007
Syria’s total foreign trade volume rose to SYP 1 trillion (USD 20 billion) in 2006, an annual increase of 12 percent, according to preliminary estimates from the Central Bureau of Statistics.
09-04-2007
Syria’s production of cotton is expected to drop by a third in the 2006/2007 crop to 650 000 tons
19-03-2007

Syria is moving closer to build its first privately-held oil refinery, according to Abdallah Dardari, Deputy Prime Minister.

05-03-2007

Joud Group is planning to set up a steel billet manufacturing plant in the industrial city of Adra, some 35 km north east of Damascus, in joint-venture with unnamed Syrian and Lebanese investors. The plant will have an annual production capacity of 512...

05-02-2007

Ten new blocks will be offered for concession in the coming two months according to the Syrian Minister of Petroleum

15-01-2007

Sysacco, Syria’s first caustic soda and hydrochloric acid manufacturing company will start production next May, according to its general manager, Ourwa Sabbagh.

11-12-2006
IPR Energy, has started drilling works on Block 24, in the eastern region of Syria.
20-11-2006

Syria, Jordan and Saudi Arabia are in the first stages of reviving the old Hijaz railway line after the signature of an agreement between a Syrian-based company, Balkees Real Estate, Industrial and Commercial Investment Company, and the Hijaz Railways ...

16-10-2006

Shell’s new investment in Syria is part of a long-term strategy says Campbell Keir, General Manager of Shell Syria, following the signing of two production sharing contracts with the Ministry of Oil

16-10-2006

Syriatel has purchased a stake in Yemen’s third GSM operator, UNITEL.

03-10-2006

The Higher Education Council has approved the opening of new departments at Syrian state universities and faculties starting from 2006.

26-06-2006

The English transcript of the interview of Syrian President Bashar Al-Assad with Al-Hayat on June 26, 2006.

03-06-2006
Syrian exports of textile products to the European Union fell sharply in 2005.
03-06-2006

Petro-Canada is taking over Marathon Oil’s share over its contract to develop gas fields in the region of Palmyra according to diplomatic sources in Damascus.

17-02-2006

Himalaya Energy (Syria) B.V. is the new Amsterdam-registered 50:50 Joint Venture Company that acquired the entire shares of Petro-Canada in Al Furat Petroleum Company.

03-02-2006

The United States has voiced strong opposition to India’s Oil and Natural Gas Corp (ONGC) purchase of the stake of Petro-Canada in Al Furat Petroleum Company (AFPC).

03-02-2006

The Ministry of Oil and Mineral Resources has received 23 bids from thirteen different companies for exploration works on the nine blocks offered for tender in the round held last December in Damascus.

17-01-2006

Syria is planning to double its oil refining capacity in the coming five years and switch its exports towards refined products, according to Ibrahim Haddad, Minister of Oil and Mineral Resources.

05-01-2006

The leading oil companies of China and India have finally agreed to jointly acquire a Canadian firm's petroleum interests in Syria in their first collaborative venture.

05-01-2006
Syria's Transport Ministry signed a contract with the Chinese Zijan Timis Company whereby 600 buses will be imported to the country.
28-12-2005

The English transcript of the interview of Syrian President Bashar Al-Assad with Turkish TV on December 28, 2005.

12-12-2005

The English transcript of the interview of Syrian President Bashar Al-Assad with Russian TV on December 12, 2005.

01-12-2005

Petro-Canada is expected to finalize the sale of its stake in Al-Furat Petroleum Company (AFPC), after reports have emerged that a number of companies are finalizing their bids.

 

01-11-2005
Saudi and Syrian investors announced plans to build a USD 32.7 millions petrochemical plant in Syria to manufacture Caustic Soda and chloride. The new plant will be named the Saudi-Syrian Petrochemical Company and will be located in Aleppo (North West ...
15-10-2005

A State-owned Chinese company agreed with Farzat, a Syrian construction company to build a black cement factory in Adra near Damascus.

02-05-2005
Arrangement for the establishment of a Chinese business city in the free zone in Adra, north Damascus were finalised during the visit of a delegation of Chinese businessmen and women to Syria, Sheikh Hashel Bin Zayed al-Mubarak, who is supervising the ...
02-05-2005

The first Syrian Tourism Investment Market set out a range of incentives for foreign investors to spend money developing tourism in the country. The Syria Report highlights the key issues at stake.

02-05-2005
Exports have stagnated in the last few years, although, according to most analysts the Syrian production is competitive both in terms of quality and price. Marketing remains weak and product diversification limited.
15-04-2005
The Syria Report is publishing, with support from the Syrian European Business Centre, a special report on Syria's textile industry, Textile in Syria 2005.
05-03-2005

The English transcript of the speech of Syrian President Bashar Al-Assad at the Parliament on March 05, 2005.

01-08-2004
Fields redevelopment works are yielding positive results. Long-term prospects for the Syrian oil industry, however, are a source of debate.
01-07-2004
The historic visit of the Syrian President aims at bolstering ties between the two countries following the US sanctions.