Real Estate & Construction

In the first nine months of the year, the volume of cement produced by Syria’s state-owned plants declined by a fifth on an annual basis.
The Syrian Government has allowed foreign engineering consultancies to bid for Government contracts.
The PYD, which manages the now semi-autonomous northeastern parts of Syria, has issued a law confiscating the properties of residents who left the region, a measure that will mainly impact Christians.
The municipality of Homs has approved the master plan for the reconstruction of the Baba Amro neighbourhood, a symbolic centre of Syria’s uprising until it was crushed by regime forces in 2012.
An influential Islamic scholar has issued a fatwa banning the sale of Syrian land to Iranian nationals.
Some 1.1 million informal housing units were built across Syria in the last four years, according to an industry analyst.
The Damascus Governorate has formally approved the establishment of the holding company that will manage its assets, transferring potentially billions to private sector companies.
The production of Portland cement by Syria’s state-owned plants declined in the first half of this year, according to official data.
The Syrian government is accelerating the destruction and expropriation of two large districts of Damascus known for their support of the opposition and expelling the inhabitants still living there.
The engineers union in Hama is granting free construction licenses to the families of the soldiers who died fighting with the Syrian army as a means of compensating them for their losses.
Syria’s state cement plants transferred billions of pounds to the treasury last year in the form of taxes.
Sales of Portland cement by state plants in the first quarter of this year continued to decline, according to official data.
The Ministry of Industry has signed an agreement with Pharaon Investment Group to develop the Adra Cement Plant near Damascus.
More than 100 thousand building violations on real estate properties were recorded in the last four years in Damascus and its countryside, according to a Government official.
Cement production by plants owned by the state remained relatively stable last year.


Bank Credit Guarantees
Damascus Chamber of Commerce
City View 2011 - Damascus
Four Seasons Hotel