Olive Oil (84)


The English transcript of statements made by Syrian President Bashar Al-Assad and Venezuelan President Hugo Chavez in a joint press conference in Damascus on October 21, 2010.

The Government is providing the newly-established Export Development and Promotion Agency (EDPA) with SYP 8 billion to finance exports in the remaining months of 2010.
Syria’s President, Bashar Al-Assad, has concluded a ten-day tour to Latin America, the first ever by a Syrian head of state to that continent.

Bottling and Trading Olive Oil


Olive oil squeezing and selling


Olive oil squeezing and selling


Olive oil squeezing and selling

A delegation of Italian firms from the furniture, construction and machinery sectors will be in Damascus to meet some 70 Syrian counterparts on April 28.

Syria and Saudi Arabia signed an agreement to prevent double taxation, during the two-day visit to Damascus by Saudi King Abdullah bin Abdul Aziz.


Production of organic olive oil

Syria International Islamic Bank (SIIB) inaugurated officially on June 5 its headquarters located in Rawda Square in Damascus.
The Ministry of Economy is pursuing its liberalisation of foreign trade and authorizing the import of a growing list of products.
The grand opening of the Palm Village resort, located in the outskirts of Damascus, will take place at the beginning of June, after a one-year experimental period

Starwood Hotels and Resorts has signed a contract with Danial Industries, a Syrian firm, to manage a hotel under its "Four Points by Sheraton" brand name in Tartous, Syria's second largest coastal city.



The Saudi Construction Products Holding Company (SCPHC), an affiliate of the Bin Laden Group, announced on January 14 the launch its Syrian subsidiary under the name of the Construction Products Holding Company-Syria (CPC) with a capital of USD 170 mil...


Syria is the world fourth largest producer of pistachio thanks to a steady growth in planted trees and production


The Syrian Enterprise Business Centre has replaced the 10-year old Syrian European Business Centre


Syria’s production of citrus fruits is expected to reach a record level this year according to the Ministry of Agriculture.


The Government approved on May 2 the set-up of the "Eastern Region Development council", which will have the task to coordinate development programs in the three eastern provinces of Hassakeh, Raqqa and Deir-ez-Zor.


Afia, one of Syria’s largest food firms, owned by the sons of former vice-President Abdel Halim Khaddam has been seized by the authorities for “corruption reasons” according to the state-owned daily al-Thawra.


The project is an investment from the Saudi Binladin group and symbolizes the rising interest of Gulf investors in the Syrian tourism industry.
The Ministry of oil awards five new oil exploration rights licenses to Royal Dutch/Shell (Block 2), Ocean Energy from the US (Block 22), Stratic Energy from Canada (Block 17), a joint-venture of IPR from the US and India's state-owned company ONGC (Blo...
Abdallah Dardari has been named at the head of the State Planning Commission.

On October 23, Syria will witness the opening of its most important business event in years.

The Saudi Binladin Group and Spain's Aceites del Sur have begun operating the largest olive oil processing plant in Syria.
The Saudi Binladin Group and Spain's Aceites del Sur have begun operating the largest olive oil processing plant in Syria.
A seminar on agricultural cooperation opportunities between Syrian and Italian companies was held in Damascus on November 5.
Syria and the United Arab Emirates have signed a bilateral agreement scrapping customs duties and taxes on all national commodities produced in the two countries with effect from 1 January 2003.
The Investment Higher Council (IHC), which overviews and processes investment applications that are eligible for Investment Law N°10 facilities, is set for some changes.
Syria's exports of olives and olive oil reached SYP18 billion (USD360 million) in 2000, according to al-Thawra.
Park Holding, one of the largest Turkish conglomerates, is planning to set up several manufacturing joint ventures in Syria.
According to Moufid Khaizaran, head of the olive bureau, Syria's production of olive is set to reach 514,000T in 2001, said Al Baath. This production is to lead to the extraction of around 100,000T of olive oil.