Real Estate & Construction

25-04-2011
The current unrest across Syria is benefiting one key sector of the economy, real estate, as the population is trying to capitalize on the Government’s reluctance to repress or ban construction works in illegal housing areas.
13-04-2011
Akar Development has signed two deals with local banks for the supply of mortgage finance for future home owners in its Cordoba Hills development near Aleppo.
11-04-2011
Syrian President Bashar Al-Assad has issued a new decree easing the process for foreigners to acquire real estate property.
28-03-2011
The Syrian President issued on March 24 a decree easing the rules for acquiring lands and real estate properties in border areas, a major demand of protesters who have taken to the street in Daraa in the last 10 days.
22-03-2011
Syria’s state-owned cement plants produced 5.65 million tons and generated SYP 4.1 billion in net profits last year, according to the Ministry of Industry.
08-03-2011
A recent survey by the Central Bureau of Statistics shows that the vast majority of people leaving in illegal housing areas in Syria benefit from the same services as those living in regulated zones.
07-03-2011
Arabian Cement and Building Materials Company, a state-owned cement manufacturer, is seeking an international consultancy to help improve the company’s operations.
07-03-2011
The Syrian Government has designated a new Real Estate Development Area outside Damascus, one of several similar locations designated by the Government across the country in the last few months.
31-01-2011
Avrasya, a Turkish company specialized in the management of passenger bus terminals, has bought a 50 percent stake in Aleppo Gate, a Souria Holding subsidiary.
24-01-2011
Renaissance Construction, a Russian-Turkish company, has bought a stake of 30 percent in the USD 180 million Taj Halab real estate development in Aleppo.
24-01-2011
Sarhad Haffar, the General Manager of Emaar IGO, the company developing the Eighth Gate project in Yaafour, outside Damascus, has resigned.
17-01-2011
Guris, a Turkish conglomerate, has held a ceremony to mark the beginning of the works on the last phase of its EUR 285 million cement plant under construction in northeast Syria.
17-01-2011
The Peasants Union and the Damascus Trade Union have simultaneously called international and local companies to submit offers for the management of two tourism and commercial centres.
10-01-2011
Sale and rental prices across most of Damascus fell last year with the rental market, both for residential and office space, being the most affected, according to data gathered by The Syria Report.   Updated on January 12, 2011  
20-12-2010
The Syrian Government has approved a draft law that will ease the access to real estate properties to foreigners.

Events

Export Finance Seminar
Damascus Chamber of Commerce
Motex 2011
Damascus International Fairground