Samir Hassan (33)


The list below includes the names of all the individuals that have been blacklisted by the European Union since the beginning of the Syrian uprising in March 2011.


European sanctions inflicted last week on several Syrian investors and companies are disrupting more than expected their business activity.


Syria and Russia are considering the establishment of a trade finance company to bypass western sanctions, a Syrian leading investor has said.


A business event grouping dozens of Russian investors is set to be held in Damascus next month.


Last week, Russia and Syria signed several new economic cooperation agreements during an international business forum organized in Crimea, including to develop offshore resources.


Dozens of Russian companies have shown interest in the Syrian market, but many obstacles remain for furthering economic and trade ties, including western sanctions, a prominent investor has admitted.


Byblos Bank has announced that it was writing off its Syria investment and deconsolidating its operations there.


A new private university backed by the Syrian first lady has opened its doors in the coastal city of Lattakia.


The appeal by Samir Hassan, a leading Syrian investor, to lift sanctions imposed on him by the European Union has been rejected.


UPDATED: Russia will supply to Syria a complimentary shipment of 100 thousand tons of wheat, Wael Halqi, the Prime Minister, said.


The Ministry of Economy has re-established bilateral business councils, some eight months after they were dissolved, but only with a handful of countries allied to the Syrian regime.


A fire destroyed large parts of the Nestle factory in Syria at the end of February, one of several large plants to have been damaged around the Syrian capital in recent weeks.


The Syrian Kuwaiti Insurance Company became this week the latest listed company to announce the resignation of a board member.


Mehran Khwanda, the main shareholder and head of the Khwanda Group, has announced his resignation from the board of directors of Bank of Syria and Overseas, following his inclusion in a blacklist issued by the European Union last week.


Al-Badia Cement has announced the resignation of Nizar Asaad from its Board of Directors.


International sanctions are continuing to take their toll on the Boards of Syrian corporations as Samir Hassan, a leading businessman recently included in the list established by the European Union, resigned from the board of Byblos Bank Syria.


The four businessmen and three corporations sanctioned by the European Union last week form part of a growing list of business actors that are feeling the weight of the international pressure on Syria.


The European Union has banned all imports of Syrian oil and sanctioned a new list of businessmen and corporations as it appears increasingly intent on using economic sanctions as its primary tool for reducing the Syrian authorities' grip on power.


Samir Hassan and Nizar Asaad, two businessmen involved in various sectors of activity, were added to the latest names of Syrian individuals put under sanctions by the European Union.


Arwad Tourism Company, a venture by several prominent local businessmen, has seen its contract to develop a 4-star hotel on the island of Arwad cancelled by the Ministry of Tourism, according to a local media.


Yesterday Cham Holding, Syria’s largest corporation, elected an entirely new board of directors. However, the company did not elect a new chairman. The move comes only a few weeks after the company, along with its previous chairman, was put under sanctions by the United States.


Byblos Bank Syria has announced that it would be increasing its capital to SYP 6 billion within 18 months.


A Syrian business delegation will be visiting Austria and Slovakia on April 28 and 30 to seek new business opportunities. 


Emaar, the UAE real estate developer, has established a USD 100 million joint-venture with Cham Holding, Syria’s largest holding firm.

The Syrian Canadian Businessmen Association (SCBA), a non-profit entity, will be officially launched on April 18

A number of prominent Syrian businessmen have announced the launch of a new cement manufacturing plant.


Byblos Bank Syria will celebrate its launch in Syria in an official ceremony to be held on June 19th, six months after it actually began its operations.

The set-up of a joint Syrian-Bahraini Bank (SBB) is moving forward, following a meeting for that purpose held in Manama, Bahrain on November 28 between a Syrian delegation lead by Rateb al-Shallah, head of the Federation of Syrian Chambers of Commerce,...