Cement (918)


Two-thirds of Syria’s population will leave in urban areas by 2030, according to a recent report by a UN body.


Assad: Erdogan thinks he's Caliph, new sultan of the Ottoman, RT interview on November 09, 2012.


Al-Badia Cement reported a decline in revenues in the third quarter of this year compared to the corresponding period of 2011.


Syria will hold by-elections on December 1 to fill five seats in Parliament to replace, among others, two defecting MPs.


The General Organization for Building Materials and Cement has increased for the second time this year the price of cement.


UNICEF has said that it was scaling up its support for Syrian refugees and displaced persons although a lack of funds is hampering its rescue efforts.


State-owned cement plants produced 3.2 million tons in the first nine months of this year, according to the General Organization for Cement and Building Materials.


The European Union has announced that it was extending a scholarship programme for higher education students to all eligible Syrian students.


The Minister of Agriculture has called on Syrian citizens to raise chickens as formal economic patterns are gradually disappearing in growing parts of the country.


The government has appointed a new director general for the two main power utilities in the country, PEEG and PEDEEE.


Qatar National Bank Syria announced on Tuesday that it been victim of a fraud, the second such report by a local bank in two weeks.


Mahrukat, the state entity in charge of the distribution of energy products, began yesterday selling heating oil to Syrian families under a scheme adopted by the government lately.


Book of conditions to be purchased from company (SYP 500)


Syria’s national currency has lost some ground in recent days with the US dollar currently trading at around 72 pounds in black market dealings.


Hungary’s MOL, which is a strategic shareholder of INA Naftaplin, a Croatian oil company with assets in Syria, said that operations in its Syrian fields were continuing, calling them illegal.


Syria is planning to issue tenders for some 1,500 MW of new generating capacity in the coming months, the Minister of Electricity said.


Etihad Airways has become the latest international carrier to suspend its flights to Damascus.


Three million Syrians are in need of humanitarian support because of the losses and displacements caused by the uprising gripping the country, the FAO said.


The English transcript of the interview of Syrian President Bashar Al-Assad with German TV in July, 2012.


Suncor Energy has announced that it had written off a significant part of its Syrian assets over the unrest in the country.


Syria’s state cement plants sold a total of 2.4 million tons in the first half of this year.


The Minister of Petroleum, Said Huneidi, has appointed a new chairman for Al-Furat Petroleum Company.


The European Union has added six new Syrian entities to its sanctions list including Syria International Islamic Bank, and SCOT, a state-owned oil trading company.


The volume of trading slightly rose last week at the Syrian bourse although stock prices continued their decline.


The Syrian economy will not collapse and GDP growth will be positive this year, Mohammad Jleilati, the Minister of Finance, was quoted as saying in a press interview.


Syrian stocks fell for the fifth week running with the Damascus Securities Exchange’s main index shedding 0.61 percent.


The Syrian President named on Wednesday June 06 a new prime minister, Riyad Hijab, in replacement of Adel Safar, whose government will have lasted little more than a year.


Fares Shehabi, the head of the Aleppo Chamber of Industry, was elected last week President of the Federation of Syrian Chambers of Industry, in replacement of Imad Ghreiwati.


Nazareth Yacoubian has been elected to sit on the Board of Directors of Syria Gulf Bank in replacement of Issam Anbouba.


The appointment of Nabil Hshaimeh as chief executive officer of Banque Bemo Saudi Fransi, Syria’s largest private sector conventional bank, has been confirmed by the Central Bank of Syria.


Updated June 03, 2012: Syria International Islamic Bank, an institution with Qatari strategic shareholders and that saw its assets jump 85 percent in the last quarter alone, was added to a list of companies under sanctions by the US Treasury, leading to the resignation of all its Board members.


Mohammad Jleilati, the Minister of Finance, has said that his government was finalising discussions with Russia to print money there, a move that signals a potentially growing economic dependency of the Syrian government towards Moscow.


Google has announced that it was allowing again the download of several of its prime software after control restrictions by the American administration were lifted.


Majid Al-Futtaim remains committed to its large scale Syria development in spite of a recent announcement that it was suspending works on it, the CEO of the company’s real estate arm said in press remarks.


Syria and Iran have reduced customs tariffs levied on goods exchanged between them to 4 percent starting April 28, 5 years ahead of the target.


Hassan Baalbaki is getting a seat on the board of Arab Bank Syria in replacement of Basma Talal Zein who resigned earlier this year.


The General Organization for Cement and Building Materials said that its plants had produced and sold 1.1 million tons of cement in the first quarter of this year.


The Syrian Pound has remained stable in the last two weeks, trading at around 70 pounds per dollar in the black market, as the Central Bank attempts to bring closer slowly, but gradually, its official rate.


The Syrian Army will stop all military operations tomorrow morning "after having succesfully countered the criminal acts of the armed terrorist groups," an official from the Ministry of Defence told today SANA, the state news agency.


The number of individuals who will run in the next Parliamentary election totaled 7,195 after the door for applications closed at the end of last week, according to the Syrian government.


The following document is the full text of the Conclusions of the Second International Conference of the Group of Friends of the Syrian People held in Istanbul on April 01, 2012.


Turkish Airlines, one of the few remaining international carriers still flying to Syria, announced that it will stop all flights to the country starting April 1.


Syria has increased by 10 to 15 percent the price of cement sold by state-owned plants on the back of an increase in production costs.


Stroytransgaz has announced that it had completed a new stage in its maintenance contract on the South Middle Area Gas Plant.


Updated on March 19: Syria’s Parliamentary elections will take place on May 7, according to a Presidential decree issued on March 13.


The US dollar briefly crossed the 100 pound threshold last week before recovering slightly in the last few days, as nervousness continues to prevail among money market dealers and investors.


Updated on March 5: The United Kingdom, France and Switzerland announced last week that they were closing their embassies in Damascus and withdrawing all their diplomats.


INA has formally stopped its operations in Syria, a decision that was awaited following last week’s announcement by the company that it was reviewing its options in the country after the imposition of sanctions by the Croatian Government.


Accor Hotels, a French hospitality group, said that it still planned to open 3 hotels in Syria by 2015.


Syria’s winter season has been rainy and cold with rainfalls already above annual averages in many parts of the country.