Tarif Al-Akhras (58)

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 Central Bank of Syria has ordered a freeze on the bank accounts of Tarif Al-Akhras, one of the country’s most powerful businessmen and a relative of Asma Al-Assad, as well as on those of several other prominent businessmen, a move that seems to confirm the government’s increasing pressures on the business community.

16-07-2019

The Federation of Syrian Chambers of Commerce has established a new body called the Central Committee for Exports (CCE) to promote exports only weeks after the Syrian Exporters Federation was dissolved.

15-05-2019

The United States has renewed for one more year the sanctions it has been imposing on Syria from before the popular uprising.

22-01-2019

The United Arab Emirates organized on Sunday probably the most prominent event involving Syrian businessmen outside Syria since 2011.

14-11-2017

Iran is planning to finance the construction of a sugar refinery production line, according to the head of the state sugar production body.

15-08-2017

Import of industrial machinery and equipment

08-08-2017

Syrian companies were awarded dozens of millions of dollars from UN organizations last year including millions that went to companies owned by individuals under western sanctions and linked to regime militias.

11-04-2017

Updated on April 20, 2017: The list of investors whose assets were recently frozen by the Syrian government has dozens of prominent names, including family members of prominent security officials.

29-11-2016

Syria’s sugar import bill will run in the hundreds of millions of dollars next year again, according to a government entity.

30-08-2016

A Syrian pro-regime publication has claimed that a handful of traders control as much as 60 percent of all Syria’s import trade, a report that reflects the tensions existing between Syrian businessmen over the control of import trade.

25-07-2016

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

12-04-2016

The Court of Justice of the European Union has rejected the appeal by Tarif Al-Akhras, a leading Syrian businessman, to see his name removed from the European blacklist.

13-04-2015

Manufacturing of various products

13-04-2015

Trading and manufacturing

28-04-2014

Tarif Al-Akhras, one of Syria’s leading investors, was handed earlier in April a 12-month jail sentence by a British court, following a commercial dispute with one of its suppliers.

23-12-2013

Provision of quality control services

26-08-2013

Bank of Jordan Syria has announced the resignation of one of its board members.

03-06-2013

Syria’s imports of white sugar remained strong last year according to government statistics.

20-05-2013

Syria’s sugar beet output is forecast by the Ministry of Agriculture to drop by two thirds.

01-04-2013

Brokerage, IPO Management, Investment management, Advisory

04-02-2013

Demand for sugar fell 40 percent last year according to Tarif Al-Akhras, a major local trader in the commodity.

05-02-2012

Nagib Assaf, a founding shareholder in National Sugar Company, one of two private refiners in the country, has announced the suspension of operations in the company because of the unrest gripping the country, as a local court asked for a freeze of his assets.

26-12-2011

Canada has announced a new round of sanctions on Syria, becoming the first western country to ban all imports, except food, from Damascus.

05-09-2011

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.

05-09-2011

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.

06-06-2011

Syria’s General Organization for Sugar, or GOFS, said its five refineries will produce 280,000 tons of sugar this year.

30-05-2011

Souria Holding, one of the country’s largest holding companies, has elected a new Board of Directors that includes six new members.

24-03-2011

Bank of Jordan Syria is a venture of Bank of Jordan, one of the largest commercial banks in Syria's southern neighbour. The bank has partnered with Tarif Al-Akhras, a businessman active in the agrofood, logistics and retail sectors. Mr Akhras owns 15 percent of the shares of BOJS through his three children,  Nora, Diana and Murhaf.

03-03-2011
02-03-2011
04-10-2010

Middle East Sugar Refinery, a venture by the Akhras Group, has begun production from its plant in the Industrial City of Hessia.

19-07-2010

Loftus, a French company specialized in the construction and management of entertainment infrastructures, has signed an agreement to build an amusement centre in Homs.

29-03-2010

Trans Mall, a new 45,000sqm commercial mall located in Homs will open its doors next June.

15-02-2010

Syria will have a second sugar refinery plant running within weeks, Tarif Al-Akhras, CEO of the Akhras Group said.

23-11-2009
Shadi Karam, the Chief Executive Officer of Souria Holding, one of the largest holding firms in Syria, has resigned.
10-08-2009

Setting up a concrete plant

31-05-2009

General Trading and Investment

05-01-2009

Damasquino Mall, the latest commercial mall of the Syrian capital, has announced its soft opening on December 30, 2008.

26-05-2008

Bank of Jordan Syria has elected its 9-member Board of Directors during its founding general assembly.

19-05-2008

Syria's first private sugar refinery, the National Sugar Company (NSC) was officially inaugurated on May 14.

28-04-2008

Arabia Insurance Syria, National Insurance and Syrian Arab Insurance have published their 2007 audited financial results.

10-03-2008

Bank of Jordan-Syria is organizing an Initial Public Offer (IPO) for 33.68 percent of its shares between March 16 and April 15.

27-01-2008

The Syrian Commission on Financial Markets and Securities has given its approval for the organisation of an Initial Public Offer for the sale of a third of the shares of Bank of Jordan Syria.

14-01-2008
2007 saw the arrival of Islamic banks in the Syrian market for the first time ever, as well as a continued interest from traditional banks in the region.
05-11-2007

Souria Holding has announced that it was setting-up six subsidiary companies to invest in different business sectors.