Real Estate & Construction

26-12-2006
The Dubai-based real estate company "Emaar" will start developing its USD 500 million Eighth Gate project by the end of the first quarter of 2007, according to Moafaq Al Gaddah, Chairman of the Investment Group Overseas (IGO), an offshore inv...
26-12-2006
Majid Al Futtaim Group (MAF), one of the region's leading property developers, plans to build an integrated tourism city in Sabboura, in the outskirts of Damascus, at a total investment cost exceeding USD 1 billion.
18-12-2006
Amlak Development Company has signed a contract with Aleppo’s City Council (ACC) to develop the Tarek Bin Ziad Barracks project.
11-12-2006
Middle East Shopping Center Consultants (MESCA) of Saudi Arabia has been awarded a contract to develop a major real estate compound in central Damascus.
04-12-2006
Al-Aqeelah, a Kuwaiti Investment Fund, is finalizing an agreement with the committee in charge of supervising the holy shrine of Sayyeda Zaynab in Damascus, for the commercial development of the shrine.
27-11-2006
A number of Syrian investors have won together the contracts to develop several key real estate and transport projects including the Hijaz Station estate in central Damascus.
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.