Real Estate & Construction
Bena Properties has announced that excavation works at Taj Halab had begun.
United Contracting & Engineering Company has issued a tender for the finishing works at the Garden City Resort, a mixed-use development the company is building outside Damascus.
Emaar-Syria has begun the sale of units in the Fashion House, an industry-dedicated building under construction in the Eighth Gate project in Yaafour, outside Damascus.
Aref Investment Group, a Kuwaiti holding, is planning to divest from Syria because of its financial difficulties, according to a local media.
The Ministry of Religious Endowments has issued a tender for the development of one of the largest pieces of real estate properties in Central Damascus.
Akar Development has appointed Engineering Consultants Group (ECG), an Egyptian firm, to supervise works at the Cordoba Hills development.
Ramboll, a Danish engineering and design firm, will design the two hotels and the convention centre of the Taj Halab project.
Ground works at Majid Al-Futtaim’s project in Yaafour, west of Damascus, have begun according to a statement from the company.
The Government has issued a decision regulating the management of real estate brokerage companies.
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.
Fawaz Al-Khateeb Group, a UAE-based company, is developing a residential compound in Kasab, a small town overlooking Syria’s coastal area.
Emaar-Syria has begun the sale of apartments in its Eighth Gate Compound in Yaafour, outside Damascus.
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.
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.
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.
First Forum on Eco-friendly products
EDU 2011 Damascus