Altoun Group has withdrawn from the contract it had won earlier this year to invest in, and develop, a state-owned cement plant.
The combined value of the investments in Syria's industrial cities reached SYP 441.7 billion at the end of the first half of this year or an annual increase of 70 percent.
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. Updated on July 06  
A new decree issued by the Syrian President on June 22 introduces a set of measures to protect the country’s “emerging industries” against competing imports.
Khalil Sultan Al-Abed, the Syrian agent of Iran Khodro, the Iranian car manufacturer, was assassinated in Damascus on May 16, 2010.
The Attar Group and Ha-Be Betonchemie are building a joint concrete products manufacturing plant in the Adra Industrial City, near Damascus.
Karkour Trading, the Syrian dealership of the Volkswagen Group, has introduced the Porsche car brand in the local market.
A Presidential decree issued on May 16 (Decree 43/2010) has exempted electric and hybrid cars from the environment protection fee.
AES Arabia Ltd has won a USD 2.7 million contract to build two water treatment units for Lafarge Cement Syria.
Profits at Al-Ahliah Vegetable Oil (AVOCO) have fallen 10 percent to SYP 80.1 million, according to the company’s financial statements.
Al-Hassakeh Cement, a new cement mill built by Turkish investors, started production last week.
Syria’s car market remains largely dominated by Hyundai and Kia, the two Korean brands, according to recent data.
The Syrian Government has started shutting down the Sheikh Said Cement Plant located near Aleppo.
Toyota has launched in Syria its latest generation car, Prius, the first hybrid vehicle to enter the Syrian market.
Syria's phosphate sector felt the impact of the global crisis in 2009 and posted significant declines in production and export volumes.


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