Real Estate & Construction

20-12-2009
Akar Development has appointed Cracknell Landscape Architects to plan the green area of Cordoba Hills project.
20-12-2009
A new shopping mall and an office building located south of Damascus have begun sales operations of their units.
07-12-2009
Lafarge Cement Syria, the Syrian affiliate of the French building materials company, Lafarge SA, plans to begin production at its cement plant in Aleppo in the middle of next year. The Syria Report talks to Bruno Pescheux, CEO, on the strategy and targets of his company.
07-12-2009
The Syrian Cabinet has granted the two state companies active in the cement sector more freedom in their trading activity.
07-12-2009
Palmyra Real Estate Development Company has launched a new real estate development west of Aleppo, Tilal Al-Shams.
23-11-2009
Bank Audi Sal has confirmed that it led a syndicate of 16 regional banks to provide a 7-year USD 340 million loan to the Syrian affiliate of Lafarge S.A., a French building materials company.
09-11-2009
Lafarge Cement Syria has closed the financing for the construction of its cement plant located north of Aleppo.
26-10-2009
Proparco, a subsidiary of the French Development Agency (AFD according to its French acronym), has disbursed USD 30 million to Lafarge Syria, marking the start of the activities of the agency in Syria.
19-10-2009
The Abou Arab Haider Group, a local company is completing works on an 11-storey office and retail building south of Damascus.
19-10-2009
Syria's cement market stood at around 5.5 million tons in the first nine months of the year, according to data and estimates from state-owned institutions.
12-10-2009
  The implementation instructions for Law 15/2008 governing investment in the real estate sector were approved on October 7, 2009 more than a year after the Law was formally enacted.
12-10-2009
Damascus had the 3rd most expensive retail rents in the Middle East according to a recent survey. 
05-10-2009
Construction works at Majid Al-Futtaim’s Syrian development are now expected to start within 12 to 18 months, according to Peter Walichnowski, CEO of Majid Al Futtaim Development.
05-10-2009
Mace Group of the UK has announced that it had been appointed by Bena Properties, the real estate development arm of Cham Holding to manage the construction of Bena’s Aleppo Crown project.
22-08-2009
Syria’s total output of cement stood at 5.336 million tons in 2008, according to the General Organization of Cement and Building Materials.

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