Real Estate & Construction

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.
16-02-2012
Al-Badia Cement generated revenues of SYP 4.0 billion and posted a loss of SYP 669 million in 2011, its first year of operations.
12-02-2012
Adra Cement, a state-owned cement manufacturing company, said that it had begun output from its third production line.
23-01-2012
The Syrian Government has announced the formal launch of a scheme to build 50,000 low cost housing units across the country in a bid to supply affordable housing for the population.
21-01-2012
The head of Syria’s cement manufacturing body said total output by Government-owned plants fell 10 percent last year, attributing the decline to competition from the private sector.
09-01-2012
A law issued on the last day of 2011 has enabled Syrian landlords to recover their properties leased to state administrations although a last minute change to the text has postponed its application some 3 years.
12-12-2011
The Syrian Government has approved the establishment of a new authority and fund to oversee the development and reorganization of random housing areas surrounding the country’s main cities.
13-11-2011
Syria’s state-owned cement plants produced a total of 3.87 million tons in the first nine months of this year, according to the entity in charge of the sector.
16-10-2011
The recent price increase in fuel oil is creating significant difficulties for the country’s state-owned cement plants for which the item represents a major cost component.
03-10-2011
The Damascus Governorate has re-issued for the third time a tender for the design and regulatory study for the development of informal areas in and outside Damascus.
08-08-2011
MAF properties has said that it has begun infrastructure and foundation works on its USD 1 billion real estate development in the area of Yaafour, west of Damascus.
11-07-2011
Al-Badia Cement, one of two private sector manufacturers of cement in Syria, announced a capital reduction while works on a second production line have been postponed.
26-06-2011
Emaar IGO issued a press release saying it had already delivered 315 office units in the first phase of its Eighth Gate compound outside Damascus and that it was continuing works on the project.