Real Estate & Construction

19-03-2019
Samer Foz has reportedly established a company that will invest in cement production.
13-03-2019
While most attention has focused on the Marota City development in Damascus, other Syrian provinces also plan their own real estate redevelopment projects and are setting-up holding companies for that purpose.
13-03-2019
The executive director of Damascus Cham Holding has resigned, citing medical reasons.
06-03-2019
An Iranian official has said that Iran has plans to build a large number of housing units across Syria, in particular around Damascus.
27-02-2019
The only private sector cement company still operating in Syria reported a 58 percent annual increase in its annual revenues last year, as its German shareholder announces it is selling its stake.
20-02-2019
The Syrian government has reportedly began the destruction of the Haidariyah neighbourhood in the north-eastern part of the city of Aleppo.
14-01-2019
As expected, the contract for the development of the Yalbugha real estate compound in central Damascus has been awarded to Wassim Qattan, 45 years after works on the project started.
08-01-2019
The potential award of one of Damascus’ prime real estate plots to one of the most prominent business figures to have emerged from the war highlights the importance some new business figures have taken.
08-01-2019
Preliminary data indicate that demand for cement, a proxy for construction activity, was at best stable last year.
17-12-2018
Chinese investors, among others, have recently been visiting the site of the Marota City project, which is struggling to attract investors and funding.
13-11-2018
By announcing a launch date for the first real estate development project under Law 10 and by amending the text of the law, the Syrian government has confirmed that it had no intention to scarp this highly controversial text that could see countless Syrians across the country expropriated.
30-10-2018
The Aleppo City Council has announced the beginning of development works on a large informal housing area that has been emptied from its residents.
30-10-2018
The Damascus Countryside governorate has granted contracts worth SYP 3.5 billion (USD 7.5 million) to remove rubble from the streets of destroyed cities in the governorate.
23-10-2018
Despite statements by UN officials that Law No. 10 would be cancelled, the Syrian regime does not look set to withdraw it or stop the largescale dispossession of Syrians from their lands.
08-10-2018
Syrian government institutions have published in recent weeks their estimates of the value of the destruction in several areas and business sectors.

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