Ghreiwati (50)

24-10-2017

Syria’s car assembly plants produced a combined 1,500 units so far this year, according to a local media.

17-10-2017

The government has ordered a provisional custody on the assets of Imad Ghreiwati, one of Syria’s most prominent investors prior to 2011, a move that adds a layer of instability to investors planning to return to the country.

13-06-2017

Several prominent Syrian businessmen, under pressure by the regime, have sold their assets to members of the new business elite, a reflection of how the war is changing the Syrian business landscape.

01-11-2016

The table below lists the main car dealerhips in Syria.

16-06-2014

Abdallah Dardari, Syria’s former Deputy Prime Minister, provided an estimate for the economic cost of Syria’s reconstruction during a business forum in which many of Syria’s old business faces reappeared.

24-02-2014

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

06-01-2014

Pro-regime media outlets have published names of leading investors that reportedly owe their banks large sums of money.

10-06-2013

Daman Cham, an investment bank and brokerage house, has announced the resignation of its general manager.

27-08-2012

The US Treasury has announced that it was removing the name of Riad Hijab, Syria’s former Prime Minister, from its list of officials facing an asset freeze and travel ban.

11-06-2012

Fares Shehabi, the head of the Aleppo Chamber of Industry, was elected last week President of the Federation of Syrian Chambers of Industry, in replacement of Imad Ghreiwati.

28-02-2012

The seven new Syrian individuals on whom the European Union imposed sanctions on Monday have been named, while a prominent businessman has been taken off the blacklist.

26-12-2011

Canada has announced a new round of sanctions on Syria, becoming the first western country to ban all imports, except food, from Damascus.

12-12-2011
06-12-2011
26-09-2011

Syria has banned the import of all products with customs tariffs of more than 5 percent, a move that signals growing nervousness over the country's foreign currency reserves and also dents into the profits of many prominent businessmen that have built their wealth on import trade.

05-09-2011

The four businessmen and three corporations sanctioned by the European Union last week form part of a growing list of business actors that are feeling the weight of the international pressure on Syria.

05-09-2011

The European Union has banned all imports of Syrian oil and sanctioned a new list of businessmen and corporations as it appears increasingly intent on using economic sanctions as its primary tool for reducing the Syrian authorities' grip on power.

04-07-2011

Yesterday Cham Holding, Syria’s largest corporation, elected an entirely new board of directors. However, the company did not elect a new chairman. The move comes only a few weeks after the company, along with its previous chairman, was put under sanctions by the United States.

02-03-2011
02-03-2011
01-03-2011
06-09-2010

Korean brands continued to hold a majority share of the Syrian car market in the first half of this year according to the state-owned General Foreign Trade Organisation.

 

26-07-2010

On July 5 we published a limited list of car dealers in Syria. You will see below a comprehensive list of Syria’s main car dealers with the brands they represent.

05-07-2010
Nahas Motors, a subsidiary of the Nahas Group, has become the exclusive dealer of Mitsubishi cars in Syria, adding a third global brand to its portfolio.
18-01-2009
Qatar National Bank has received a formal approval to set up a bank in Syria.
21-12-2008

Bank Al-Sharq SA has elected its board of directors and appointed a general manager to run its operations in Syria.

24-11-2008

Bemo Saudi Fransi Finance has announced that Bank Al Sharq’s IPO was oversubscribed by 438 percent.

10-11-2008
An economic and business delegation, headed by Abdallah Dardari, will visit the Czech Republic between the 19th and 22nd of November.
29-09-2008
Bank Al-Sharq will launch on October 7 an Initial Public Offer for 20.5 percent of its capital. The IPO will last until October 29.
08-09-2008

Orient Bank (Al-Sharq Bank) has received the go ahead from the Syrian Commission on Financial Markets and Securities (SCFMS) to launch an Initial Public Offer IPO for 20.5 percent of its capital.

04-02-2008

Syrian Islamic Insurance Company (SIIC), the third Takaful insurance firm to be licensed in Syria, held its founding assembly general on January 29.

27-01-2008

Syria's production of cement could exceed 30 million tons per annum by the end of 2011, according to statistics from the Syrian Investment Authority and the General Establishment of Cement and Building Materials.

08-10-2007

Gulfsands Petroleum has announced that it has entered into a strategic partnership with Cham Holding to develop together oil and gas projects in Syria and potentially Iraq.

10-09-2007

Qatar National Bank received on September 3 the final approval from the Syrian authorities to open a bank under the name of Qatar National Bank-Syria with a capital of USD 100 million.

09-07-2007

Cham Holding’s first venture, a restaurant and café compound, opened in Lattakia on July 7.

30-04-2007

Cham Holding, the largest private consortium of Syrian businessmen held its founding General Assembly meeting and elected its board of directors on April 29

09-04-2007

Syria International Islamic Bank (SIIB) will start operations in the fourth quarter of this year, according to Abdel Qader Dweik, its general manager.

05-03-2007

The Ghreiwati Group has been selected to become the new agent for Jaguar cars, according to sources at Ghreiwati

08-01-2007
The Kahale Group has emerged recently as one of the most important local investors in the real estate sector in Syria
27-11-2006

Ford Motor, the second largest American car manufacturer, was investigated by the US Securities and Exchange Commission last July for operations in Syria, it appears from a letter released only on November 24th by the SEC.

27-11-2006

A number of Syrian investors have won together the contracts to develop several key real estate and transport projects including the Hijaz Station estate in central Damascus.

13-11-2006
The Minister of Industry has issued a decision setting up officially the Federation of Syrian Chambers of Industry (FSCI). A similar federation exists for the chambers of Commerce.
02-11-2006

A number of prominent Syrian businessmen have announced the launch of a new cement manufacturing plant.

09-02-2005
KIA motors, the Korean car manufacturer is planning to establish a car manufacturing plant in Syria.