business council (51)


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.


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.


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


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.


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.


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


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.


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.


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


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.


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


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


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.


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


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.


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


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.


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.


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


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


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

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

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...

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.
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.
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.

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


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

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.


France’s Total has denied that it was currently holding discussions with the Syrian Government for the building of a new refinery.


Syria is engaged in negotiations with French, Chinese and Russian firms for oil projects worth USD 4.4 billion, Abdallah Dardari, Syria’s deputy PM for economic affairs, said during a conference in Manama.

A subsidiary of giant Russian company Gazprom won a tender to build the third part of the Arab Gas Pipeline that will ship gas from Egypt across Jordan to Syria and Turkey.
Work has started on the UAE-based Majid Al Futtaim (MAF) Group's USD 300 million shopping mall and hotel project in the Syrian capital, Damascus following approval form the government, according to Saadallah Agha al-Qall'a, Syria's Minister of Tourism.
A Syrian Business Council (SBC) has been officially launched in the United Arab Emirates.
Following the meeting of the Syrian-Greek Joint Ministerial Committee (JMC), held in Damascus on February 22 and 23, bilateral economic relations between these two politically close countries are expected to receive a boost.