Real Estate & Construction
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.
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.
A new major real estate development, with a total land area of 350,000 square metres, is under construction north of Aleppo.
A new large real estate development is to be built in Yaafour over an area of 31,000 hectares.
Emirates Private Development & Investment-Syria has begun the sale of apartment units in Cordoba, a new residential project in Sabboura, outside Damascus.
CPC Syria will build a USD 75 million commercial mall in Homs to be developed by a local businessman, Issam Anbouba.
Damascus International Fairground
Tax Revision Committees
Damascus Chamber of Commerce