Real Estate & Construction

20-11-2006
Damascus is to have its own World Trade Centre, according to Abdul Hamid Dashti, the Damascus representative of the WTC Association
13-11-2006
Al-Aqeelah, a Kuwaiti Investment Fund has announced the coming launch of a USD 500 million fund to finance real estate projects in Syria.
03-08-2006
Puzant and Leon Yacoubian Trading and Contracting (PLY) has won the contract to build all structural works for the USD 250 million Cordoba Hills Real Estate Development project, west of Aleppo.
18-06-2006
The foundation stone has been laid on a USD 500 million real estate project on the outskirts of Damascus.
18-05-2006
Saudi-based Al-Oula Company for Real-Estate Development has signed a memorandum of understanding with the state-owned General Establishment for Housing to set up a holding company with a capital of EUR 350 million that will build housing schemes in Syria.
17-01-2006
A new law is bringing down significantly the taxes levied on real estate trade and should help boost investment in the sector.
17-12-2005
The Aref Investment Group, a Kuwaiti holding group, announced that it was working in cooperation with seven other Kuwaiti firms to launch a USD 4 billion real estate project in Damascus, the Development and Investment City.
01-11-2005
The Dubai-based real estate company "Emaar" unveiled in a press conference held in Damascus two real estate projects worth a total of USD 3.9 billion.
15-09-2005
Hundreds of businessmen gathered in Damascus on August 28 to participate in the first major conference on the real estate sector to be held in the Syrian capital.
03-06-2005
The Syrian Government is preparing a new law to attract domestic and foreign capital into the real estate market.
09-02-2005
The rise in price of real estate in Syria, and in Damascus in particular, is expected to pause in the second half of the year, according to analysts in Damascus.
09-02-2005
City planning came under the spotlight this month during a three-day conference in Damascus held between the Syrian Ministry of Local Administration and Environment, representatives from the Marseilles office of the World Bank and the United Cities and...
01-08-2004
The Syrian Government has decided to pour in around SYP 45 billion (865 million) into the real estate market through a program that will provide around 50,000 new flats in the coming five years to the country's youth.
01-07-2004
The construction works on the huge central-town commercial complex are set to start within weeks.
01-05-2004
The fall in interest rates as well as new legislation has led to a sharp increase in housing prices since the beginning of the year.

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