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New Rules to Regulate Real Estate Brokerage Practices
The Government has issued a decision regulating the management of real estate brokerage companies.
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Al-Jaz Group Goes Bankrupt
The Syrian-Kuwaiti Al-Jaz Group, a company founded in 2007 with investment projects in the eastern and northern regions of the country, has gone bankrupt only a few months after it began operating.
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Emaar to Begin Works on Residential Component of Eighth Gate
Emaar-Syria has begun the sale of apartments in its Eighth Gate Compound in Yaafour, outside Damascus.
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Fawaz Al-Khateeb Group Develops Residential Compound in Kasab
Fawaz Al-Khateeb Group, a UAE-based company, is developing a residential compound in Kasab, a small town overlooking Syria’s coastal area.
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AKDN to Begin Works on 180,000sqm Park in Central Aleppo
The Aga Khan Development Network is financing a SYP 1 billion project to turn the Bab Qinesrin area of Aleppo into the largest park in the Middle East.
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Government to Allocate SYP 10 Billion for Informal Areas
Syria will set up a fund of SYP 10 billion to fund development projects in informal housing areas across the country, Tamer Al-Hijjah, Minister of Local Administration, said.
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New Decree Organises Land Use Planning
The Syrian President has enacted a law that is meant to organise land-use planning, protect environment-sensitive and cultural areas and put a limit on informal settlements around Syria’s largest cities.
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Palmyra Real Estate Opens Capital to Egyptian Developer to Finance New Projects
Sixth of October Development & Investment Company (SODIC), an Egyptian developer, has acquired a stake of 50 percent in Palmyra Real Estate Development Company, a subsidiary of the MAS Group.
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Works Begin on New Real Estate Development in Aleppo
A new major real estate development, with a total land area of 350,000 square metres, is under construction north of Aleppo.
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Yaafour to Host New Multi-Purpose Real Estate Development
A new large real estate development is to be built in Yaafour over an area of 31,000 hectares.
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