Steel (213)

Government backs down on leasing of state industries
03-08-2006

The Government has decided to put an end to its offer to lease to the private sector the management of five cement companies and the Hama steel company.

Industry brief : New steel bars plant in Homs
05-07-2006
A number of Syrian expatriates are investing in a USD 10 million hot-rolled steel bars manufacturing plant in Homs.
Himalaya B.V. takes over Petrocan's share
17-02-2006

Himalaya Energy (Syria) B.V. is the new Amsterdam-registered 50:50 Joint Venture Company that acquired the entire shares of Petro-Canada in Al Furat Petroleum Company.

Cement Sector open to private investment
01-12-2005

The Syrian government has endorsed the plan of the ministry of industry to open state-owned cement factories to private investment in order to develop and boost the production of its plants by 75 percent.

Iraqi Refugees Continue to Flee Into Syria as Baghdad Backs Down from Border Criticism
01-12-2005

Hundreds of refugees have continued to flee across Iraq’s border into Syria as a US-led offensive in Iraq’s western province ended on November 22.

President Accuses Washington of Sabotaging Syrian-Iraqi Relations
15-11-2005
President Bashar al-Assad on November 10 accused Washington of sabotaging Syrian efforts to normalise ties with Baghdad and offered an invitation to President Jalal Talabani and Prime Minister Ibrahim Jaafari to visit Damascus.

Hama steel goes to private sector
03-06-2005
The Syrian Government is licensing for the first time ever a public sector company to the private sector.
GOEI reports 12% rise in turnover
16-03-2005
Good results from the larger steel and cables companies hide the poor performance of a number of smaller plants.
State licenses new companies to private sector
01-07-2004

Ministry of Industry continues to seek the involvement of the private sector while avoiding privatization.

Iran, Syria develop joint industrial projects
01-06-2003
Syria and Iran are set to continue to expand their economic cooperation, in particular in the industrial field.
Private free trade zones to be set up
01-02-2003

The Syrian President issued on January 28 a new decree regulating investment in the country's free trade zones (FTZ).

Syria, Iran in joint industrial projects
24-04-2002
Syria's minister of Industry, Issam al-Zaim, and Iran's Minister of Housing and Urban Development Ali Abdol-Alizadeh have agreed to set up a joint industrial committee.
Iron pipe manufacturer exports USD3 million in 2001
28-01-2002

The General Company for Iron and Steel Products exported USD3 million worth of goods in 2001.