Lattakia (716)


The Syrian President has issued a decree calling on parliamentary elections to be held on April 13.


The Tartous province has continued to attract Syrian investors fleeing other parts of the country, according to official data.


Text of interview of Bashar Al-Assad by AFP on February 12, 2016. The transcript is by SANA, the Syrian state news agency.


A weekly selection of reports, papers and articles on Syria.


Syria’s inflation rate stood at 38.8 percent in July on an annual basis.


An increasing number of H1N1 virus cases are being reported in Syria, although the number of deaths appears so far limited.


UPDATED: Russian forces are considering using another Syrian airport, Qamishli’s, for their aerial operations against the Syrian opposition, according to a monitoring group.


Data from Syria’s two main commercial maritime ports confirm the decline in trade activity last year.


Revenues generated by the customs department increased last year in Syrian Pound terms, although this was only the consequence of the decline in the value of the currency.


The Ministry of Transport has decided to reduce by 25 percent the fees collected by the country’s maritime ports starting the beginning of this year.


The Syrian Metals and Steel Council was established last week with the aim of lobbying for a sector that will benefit from any reconstruction drive.


The Syrian President has issued a decree establishing two new faculties in the University of Tartous.


Government officials inaugurated last week in Lattakia the Syrian-Russian Export Village with the theoretical aim of promoting Syrian exports to Russia.


The Syrian Government has announced a series of investments in Lattakia and Tartous amounting to billions of Syrian Pounds.


Syria’s olive oil production during the 2014/2015 declined 35 percent on an annual basis according to recent data.


All international flights to and from Lattakia Airport have been stopped, the Syrian Ministry of Transport has said.


Data from Syria’s two main maritime ports confirm the annual decline in traffic.


Official data confirm an increase in business activity in the coastal province of Tartous, a regime stronghold that has seen an influx of hundreds of thousands of people in the last three years.


The English transcript of the interview of Syrian President Bashar Al-Assad with Iranian Khabar TV on October 04, 2015.


The vice-President of Stroytransgaz, one of Russia's largest engineering companies, visited Damascus last week, reportedly seeking new project opportunities.


Fighting between rebels and regime forces has led to the closure of the highway connecting Damascus with most of Syria.


As Russia sends its troops to Lattakia, it claims that it also plans a number of economic projects in Syria’s coastal city.


Syria’s citrus crop, which is largely grown in the coastal area, is forecast to remain stable this year.


Syria’s inflation rate continued to increase in March and April, according to official data.


Traffic at Syrian airports increased 20 percent on an annual basis in the first half of this year, according to a Government official.


Trading and contracting


The U.S. Administration blacklist of Syrian companies now includes a number of state entities in the shipping and maritime industry.


Cham Wings has resumed today a direct air link between Damascus and Doha.


The Syrian Investment Agency, a body licensing and regulating mostly large investments in the manufacturing, agriculture and transport sectors, gave the go ahead to 33 projects in the first half of 2015.


After a year of relative stabilisation, traffic in Syria’s two main commercial maritime ports declined again in the first half of 2015, according to official data.


The Syrian Government has threatened to withdraw a project from an Iranian engineering company unless it resumes immediately work on the project.


IT solutions; import and trade of IT equipment


Al-Baraka Bank Syria, an Islamic lender, opened on May 28 a branch in Tartous, the bank’s second in less than six months in the coastal area.


A Ukrainian company has begun flights to Lattakia airport, becoming one of the rare European airlines to fly to Syria.


After four years of continuous decline, container volumes increased in 2014 in the Port of Lattakia, although the beginning of this year saw a new decrease.


Cham Wings, Syria’s only private airline, is starting round trips to Kuwait, the company announced in a statement.


The volume of traffic at Tartous Port continued to decline markedly in the first two months of this year.


Trading and contracting


The European Union has blacklisted several new Syria-related companies and individuals, including two Iran-related businessmen and another involved last year in the negotiations to release abducted nuns as well as in dealings between the regime and ISIS.


Four individuals of Syrian origin are listed in the world’s billionaires list published by Forbes magazine, although none of them built his wealth in the country.


Trading and contracting


A Syrian official has announced that the contract of a Qatari company to develop an upscale hospitality project on the Syrian coast is being terminated.


Official Syrian media outlets have been increasing their reports lately on the economic benefits brought by the Government to the southern governorate of Suweida where political tensions have been rising lately.


Syria’s air transport regulator confirmed that its revenues declined significantly last year as most international airlines rerouted away from Syrian airspace.


The Tartous Port has reported a decline in bulk trade last year, while containers traffic increased.


The Syrian government has established a university in Tartous, the seventh such institution to be established in the country.


Syria’s citrus fruits crop has increased by some 20 percent on an annual basis.