Al-Ahlieh is one of the largest private sector passengers transport firms in Syria. It provides transport by coaches between Syria's main cities. The company was established in 1992 following the enactment of Investment Law N°10, which allowed for the first time in decades the establishment of private transport firms in Syria.
Based in the city of Hama, Al-Ahliah manufactures a range of vegetable oil products. The company has a broad list of shareholders and as of mid-2011 was the only manufacturing company to be listed in the Damascus Securities Exchange.
Al-Aqeelah is a provider of Sharia-compliant, i.e. Islamic, insurance services. Its shareholders include Kuwaiti institutions and local investors. As of mid-2011 it was one of two Islamic firms operating in the Syrian market – the other being the Syrian Islamic Insurance Company - and one of five insurance companies to be listed in the Damascus Securities Exchange.
Arab Bank Syria is the Syrian affiliate of the Amman-based Arab Bank Group, one of the largest banking groups in the Arab World. Arab Bank Syria started its operations in 2005 and offers conventional commercial banking services. At the end of 2010 it had some 21 branches across the country. Minority shareholders include prominent businessmen Mohammagh Kamel Sabbagh Sharabati, Mohammad Haykal and Samer Daniel.
Bank Al-Sharq is one of the latest comers to the Syrian banking market having opened its doors only in 2009. The bank’s strategic shareholder is Banque Libano-Francaise, a Lebanese institution that had a strong and large Syrian clientele when the market was still closed to private institutions. Bank Al-Sharq remains one of the relatively small players in the market. Its stock became listed in the DSE in December 2010.
Bank Audi Syria is one of six Syrian private sector banks with a Lebanese strategic shareholder, Bank Audi Saradar Sal. The bank, which began operations in late 2005, quickly became of the market’s largest institutions by the size of its assets and deposit base. The bank’s branch network is largely focused on Damascus. In March 2009 it was one of six stocks to be listed when the Damascus Securities Exchange opened its doors.
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.
Bank of Syria and Overseas is the Syrian affiliate of BLOM Sal, Lebanon's second largest commercial bank in terms of assets. BSO was the second private sector commercial bank to be established in Syria in January 2004. It had 27 branches across the country at the beginning of 2011, including 9 in Damascus.