Retail & Trade

30-01-2012
The General Organisation of Free Zones, the body in charge of the management of Syria’s free trade zones, said its revenues, generated from rent and other fees paid by companies, stood at SYP 900 million last year, from SYP 1 billion in 2010.
15-11-2011
Turkey’s Ministry of Economy has established a Syria Desk to help Turkish traders and manufacturers cope with the turmoil in their southern neighbour.
26-09-2011
Levant Motors, the Syrian Mercedes Benz dealership, has conducted a five-fold increase of its capital.
08-08-2011
Versace, a high-end Italian fashion brand, recently opened its first store in the Syrian capital in the upscale district of Abu Rummaneh.
25-07-2011
The Syrian government has reduced import tariffs on a wide range of consumer products and manufacturing inputs in a bid to reduce costs, as the month of Ramadan, a period of the year when demand peaks and prices rise, is set to begin.
03-07-2011
The Syrian President has issued a decree scrapping many penalties on companies established in the country’s free zones.
25-05-2011
Syria Duty Free, the company operating duty free shops on Syrian border ports, has been sold to unnamed Kuwaiti investors, the company said in a statement.
12-04-2011
Ayyam Gallery, a Damascus-based art gallery and one of the largest in the Middle East, has announced that it is pulling out of the Egyptian market.
10-04-2011
Zara, the global clothing retailer, opened its first store in central Damascus on March 30.
28-03-2011
Bilateral trade between France and Syria rose to EUR 737 million or around USD 1 billion last year according to French statistics.The figure represents a 13 percent increase compared to 2009 (EUR 651 million).
22-03-2011
Costa Coffee, a global chain of cafés, has closed most of its outlets in Damascus, citing operational losses.
06-12-2010
A new Presidential decree, passed on December 1, has increased customs fees by 70 percent on cars with engine sizes above 3,000 CC, according to Al Watan, a local daily.
01-11-2010
Smart Mart, a joint-venture between Syrian and Iraqi investors, is developing a number of supermarket stores in the region of Homs.
20-10-2010
Homs Fairgrounds has issued a tender for the management of the new exhibition centre the company is developing in Syria’s third largest city.
03-10-2010
Monoprix, a French supermarket chain, opened in first store in Syria on September 23.

Events

Computer & Technology Show
Boulevard Damascus
All Energy
Dama Rose Hotel