Real Estate & Construction

14-01-2013
The expansion of the conflict in Syria to the governorate of Suweida in the south has pushed the government to expropriate all the lands located on the border between the Suweida governorate and the Jordanian border at a depth of 30 metres.
17-12-2012
The Damascus Governorate has announced that it was moving ahead with plans to rebuild two large informal areas in the suburbs of Damascus, a symbolic decision that sheds light on a controversial decree.
19-11-2012
Two-thirds of Syria’s population will leave in urban areas by 2030, according to a recent report by a UN body.
05-11-2012
Al-Badia Cement reported a decline in revenues in the third quarter of this year compared to the corresponding period of 2011.
22-10-2012
The General Organization for Building Materials and Cement has increased for the second time this year the price of cement.
15-10-2012
State-owned cement plants produced 3.2 million tons in the first nine months of this year, according to the General Organization for Cement and Building Materials.
08-10-2012
Souria Holding has suspended works on its Abraj Souria project in downtown Damascus, its CFO said.
17-09-2012
Almost half of illegal housing areas across Syria are located in the Damascus countryside, according to a state body.
30-04-2012
Majid Al-Futtaim remains committed to its large scale Syria development in spite of a recent announcement that it was suspending works on it, the CEO of the company’s real estate arm said in press remarks.
29-04-2012
The General Organization for Cement and Building Materials said that its plants had produced and sold 1.1 million tons of cement in the first quarter of this year.
10-04-2012
Syrian President Bashar Al-Assad enacted this week a law enabling the establishment of mortgage finance and refinance companies, which aims to ease the financing of real estate projects but that caps foreigners' share in these companies at 49 percent.
27-03-2012
Majid Al-Futtaim Properties, a UAE developer, said that it was suspending works on its USD 1 billion development in Yaafour on the back of the unrest gripping Syria.
26-03-2012
Syria has increased by 10 to 15 percent the price of cement sold by state-owned plants on the back of an increase in production costs.
26-02-2012
The Real Estate Development and Investment Commission has licensed thirty five real estate development companies since its inception three years ago, according to its Director-General Yasser Al-Sibai.
21-02-2012
Al-Badia Cement has announced that Tarek Ziad Al-Zaim had been selected to sit as Board member in replacement of Nizar Asaad who resigned in October.