Cement (1069)

13-11-2019

The dollar has crossed the 700-pound level in the Syrian foreign exchange market for the first time on record.

06-11-2019

The Syrian government is offering five of its food production companies to private investors in a bid to shore up production and raise revenues for the treasury.

06-11-2019

Syrian imports of Iranian crude oil doubled in the six months through the end of September, according to recent data, increasing inventories.

06-11-2019

Despite listing three of the country’s largest companies over the past several months, total trading value in the Damascus bourse barely reached USD 1 million in October.

30-10-2019

The decision by the U.S administration to keep hold of Syrian oil fields postpones any hope by the government to benefit from this resource in the short-term.

30-10-2019

The trial of Nader Qalei in Canada will take place in May next year as the Syrian investor is expanding his investments back home.

30-10-2019

The government is considering imposing a tax on cigarettes, of which Syria is among the highest per-capita consumers in the world, as a means to cover part of its health expenses bill.

23-10-2019

France has announced a new financial commitment to the trust fund supporting development projects in Turkish-controlled northern areas.

23-10-2019
Text of the U.S.-Turkish agreement for a ceasefire following the Turkish intervention in northern Syria in October 2019.

23-10-2019

The Eurasian Economic Union (EAEU) has agreed to give Syria a preferential treatment for its exports, the Ministry of Economy said, although the impact of the deal on the economy will be limited.

23-10-2019

The Syrian government is using future reconstruction activity as a carrot to attract private investment in the cement sector, but low demand and unclear prospects are acting as a deterrent.

16-10-2019

The text of the statement by the High Representative on behalf of the EU following Turkey's entry into Syrian territory in October 2019.

16-10-2019

The interest of Chinese companies in Syria, in particular for its real estate and building materials sectors, seems to be growing.

16-10-2019

The Qaterji brothers are negotiating to expand their investments in Aleppo, confirming that they have become the main business actors in Syria’s second largest city.

14-10-2019
09-10-2019

In these three tables you will find the rates applied on goods and services for the sales tax, known in Syria as the consumer spending fee.

09-10-2019

This table lists the main companies we have identified that are linked to the eight investors whose bank accounts were frozen on October 7, 2019.

09-10-2019

The government is subsidizing loans granted by Syrian banks to manufacturers in a bid to promote local production and reduce imports.

09-10-2019

On October 5, the Ministry of Public Works and Housing announced that it had received the first shipment of construction equipment from Stroyexpert, a Russian architectural and construction firm.

02-10-2019

Statement by the EU following the announcement of the constitutional committee.

02-10-2019

Statement issued on 26 September 2019 by Foreign Ministers of Egypt, France, Germany, Jordan, Saudi Arabia, United Kingdom, and United States at the United Nations General Assembly

02-10-2019

Al-Badia Cement has received the final approval for listing in the Damascus Securities Exchange.

02-10-2019

An attempt by the government to push local investors to sell their dollars in order to support the Syrian pound has only highlighted the unpreparedness of the Central Bank of Syria, has little chance of success and risks alienating these businessmen.

02-10-2019

The Syrian Cabinet established on September 23 a new committee to oversee the reform of the state-owned economic enterprises, the latest of such efforts that have been ongoing for at least the past two decades.

04-09-2019

Geir O. Pedersen
United Nations Special Envoy for Syria
BRIEFING TO THE SECURITY COUNCIL
29 August 2019

03-09-2019

Trading was dull at the Damascus Securities Exchange last month and not much seemed able to bring interest back into the market.

06-08-2019

An Egyptian company owned by Syrian investors has applied for a license to operate a ride-hailing service similar to Uber in Syria, just a day after the government allowed this type of services.

24-07-2019

This table lists all Syrian public joint-stock companies active as of July 2019 with the value of their capital (in million SYP).

24-07-2019

The Ministry of Tourism has announced that after seven years of suspension works have restarted on the Yasmeen Rotana Hotel owned by Rami Makhlouf.

10-07-2019

The Syrian government has amended the investment budget of its ministries, reducing them by around 32 percent.

10-07-2019

The capture in Greece of a huge shipment of Captagon pills from Syria has highlighted the size of the drug trade in the country’s economy.

08-07-2019

This text, enacted at the beginning of 2018, establishes a protected area around the Fijeh Springs, which involves the expropriation of real estate within the immediate surrounding of the water canals that transport water from the springs to Damascus.

08-07-2019

The following decision and its implementation instructions regulate investment in Syria's tourism sector.

19-06-2019

Damascus Cham Holding announced on June 15 that it had granted the first construction permit on the Marota City project.

12-06-2019

Al-Badia Cement has received a preliminary approval to list its shares on the Damascus Securities Exchange.

05-06-2019

Three NGOs have filed criminal complaints against a Belgian and two German chemical manufacturers for shipping banned chemicals to Syria in 2014.

28-05-2019

China is planning to open a permanent trade centre in the Adra Industrial City near Damascus.

15-05-2019

Syria’s only private sector cement company reported a significant increase in its 2018 sales.