business council (57)

24-06-2020

Since the end of last year, Syria’s eight car assembly plants have stopped producing because the government has stopped issuing the import licences required for their activities.

10-06-2020

Updated on June 17, 2020: The number of people who tested positive with the Coronavirus in Syria climbed by 23 last week to 146, up from 123 a week ago, while the number of recoveries increased to 62 from 50 and the number of deaths remained unchanged at six.

08-06-2020

This article is an updated and expanded factsheet on the economic and business relations between Syria and Iran as of June 2020.

06-05-2020

Delays in the Marota City project are generating increasing criticism, including from a prominent Iran-linked investor who believes the project may eventually die.

15-04-2020

The Syrian minister of health has acknowledged the minuscule number of daily Covid-19 tests being carried out, while the economic consequences of the crisis appear to be increasingly serious.

06-04-2020
A 2,300-word factsheet on the Syrian activities of Stroytransgaz, the Russian company that has become the symbol of Moscow’s economic influence in the country.

19-02-2020

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.

19-02-2020

The European Union sanctioned on February 17 several Syrian companies and individuals, including business figures from before the uprising or who emerged during the conflict and are active in sectors such as real estate and oil trading.

05-02-2020

A delegation from India’s Tata Group visited Damascus in December, a rare case of a multinational company looking for business opportunities in Syria.

08-01-2020

The two tables below list the Russian companies involved in Syria since the beginning of the Russian military intervention in the country in September 2015.

23-10-2019

The Eurasian Economic Union (EAEU) has agreed to give Syria a preferential treatment for its exports, the Ministry of Economy said, although the impact of the deal on the economy will be limited.

16-10-2019

The interest of Chinese companies in Syria, in particular for its real estate and building materials sectors, seems to be growing.

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.

07-05-2019

Syria and Iran held on May 1st the sixth edition of a joint business forum as Tehran seeks to capitalize on its support to the regime to gain more benefits for its companies.

01-05-2019

A Bulgarian business delegation visited Damascus last week, a rare case of an EU lobby group visiting the Syrian capital.

11-09-2018

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

21-08-2018

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

12-07-2018

In this 2,600-word factsheet we look at China’s economic interests in Syria.

03-07-2018

The Syrian government is trying to lure back Syrian investors based in Egypt, a year after a similar attempt largely failed.

24-04-2018

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

13-02-2018

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.

09-01-2018

Syrian and Russian investors will meet in the next few weeks to discuss joint investment opportunities.

20-12-2017

Russia is increasingly clear about its intentions to acquire economic assets in Syria and capitalize on its military and political support to the regime to generate financial returns.

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.

02-10-2017

The Ministry of Economy is preparing to relaunch bilateral business councils with several countries it considers “friendly,” including the Czech Republic, a member of the European Union.

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.

26-04-2016

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

03-03-2014

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.

10-06-2013

The Syrian government has dissolved the bilateral business councils established between Syrian and foreign businessmen.

14-02-2013

The Syrian government is raising the price of medicines and facilitating import procedures in order to ease the shortages of pharmaceutical products.

27-11-2010

The English transcript of statements made by Syrian President Bashar Al-Assad following talks with his Indian counterpart on November 27, 2010.

04-11-2010

The English transcript of statements made by Syrian President Bashar Al-Assad following talks with the Cypriot President in Nicosia on November 04, 2010.

11-10-2010
The Syrian Enterprise and Business Centre and the Syrian Hungarian Business Council are organising a one-day forum in Budapest on October 20.
23-08-2010

The National Bank of Egypt (NBE) has decided to open a representative office in Syria, instead of a fully-fledged subsidiary, because of the high capital required for local banks, according to Khaldoun Al-Muwakaa, the chairman of the Syrian-Egyptian Bu...

19-07-2010
The Syrian Business Council, which regroups most of Syria’s new business elite, has issued a rare statement criticising the little relevance of official statistics and its impact on investment and growth.
22-02-2010
Turkey’s state-owned Ziraat Bank plans to set up an affiliate in Syria in joint venture with local businessmen, according to Abdelqader Sabra, chairman of the Syrian-Turkish Business Council.
28-12-2009
The Syrian-Turkish High-Level Strategic Cooperation Council (STHLSCC) wrapped up its first meeting in Damascus on December 23, with the signing of 50 memoranda of understanding and protocols of cooperation.
10-11-2008

An economic and business delegation, headed by Abdallah Dardari, will visit the Czech Republic between the 19th and 22nd of November.

 

14-05-2007
Syria’s leading businessmen announced on May 8 the launch of the Syrian Business Council.
16-04-2007
The Syrian Canadian Businessmen Association (SCBA), a non-profit entity, will be officially launched on April 18
03-06-2006

BMG Financial Advisors, a Saudi finance advisory firm, is launching a private equity fund named Barada Capital One and capitalized at EUR 100 million for investments in various sectors in Syria.