Aleppo (1350)


The General Court of the European Union has rejected an appeal made by Fares Shehabi, the President of the Aleppo Chamber of Industry, to lift sanctions imposed on him.


More than 100 thousand building violations on real estate properties were recorded in the last four years in Damascus and its countryside, according to a Government official.


The Damascus Securities Exchange has announced that it was auctioning off the shares of two prominent Aleppo businessmen.


Idlib, the capital of one of Syria’s fourteen provinces, fell on Saturday outside the control of the regime and in the hands of a coalition grouping opposition forces and the Nusra Front.


Hundreds of historical sites in Syria have been damaged during the conflict, according to a Government official, a fifth of which are in Aleppo.


Four individuals of Syrian origin are listed in the world’s billionaires list published by Forbes magazine, although none of them built his wealth in the country.


The number of companies registered in Syria by the end of last year was slightly above 500,000 according to data from the Ministry of Economy.


Cham Palaces and Hotels, a large chain of upscale hotels across Syria, reported an increase in revenues in 2014 after years of falling occupancy rates.


The Syrian government licensed several new pharmaceutical plants last year, a government official said.


The English transcript of the interview of Syrian President Bashar Al-Assad with BBC News on February 10, 2015.


A Syrian official has announced that the contract of a Qatari company to develop an upscale hospitality project on the Syrian coast is being terminated.


Syria expects its production and export of olives and olive oil, a major crop in the country, to increase again this year.


The English transcript of the interview of Syrian President Bashar Al-Assad with Foreign Affairs magazine on January 26, 2015.


Syria’s air transport regulator confirmed that its revenues declined significantly last year as most international airlines rerouted away from Syrian airspace.


A Russian company is starting works on a 600-ton flourmill near the town of TalKalakh.


Updated January 16, 2015: The elections to the board of directors of the Damascus and Aleppo Chambers of Commerce at the end of last year witnessed a significant renewal of membership.


The land area on which wheat and other cereals are grown this year in Syria is well below the target of the government, threatening a new disappointing crop.


The Syrian government has established a university in Tartous, the seventh such institution to be established in the country.


The text of U.N. Security Council resolution 2191 (2014) adopted on December 17, 2014, renewing for twelve months the authorization granted in July to the United Nations and its partners to deliver aid across borders not controlled by the Syrian Government.


Trading of food products; contracting


Sales of the General Organization of Tobacco, a state monopoly that usually generates significant revenues for the Treasury, reached SYP 25 billion in the first nine months of the year, as the company seeks to produce cigarettes under license from a Russian group.


After holding steady for several weeks the Syrian Pound lost again last week some ground relative to the U.S. dollar.


A third of Syria’s pharmaceutical plants have stopped production, while the output of the remaining ones is only at a third of the pre-uprising level, according to an industry executive.


The few large private sector investments still being established in Syria remain concentrated in the coastal area and around Damascus, data from a licensing body shows.


The Syrian President has issued a decree nominating five new Governors in Lattakia, Tartous, Aleppo, Idlib and Quneitra.


Syrian businessman George Obegi passed away last week following a plane accident off the Cypriot coast.


The election held last week at Syria’s chambers of industry saw the arrival of various new faces.


Wael Halqi, the Syrian Prime Minister, inaugurated last week several upscale retail and tourism projects in Tartous worth a combined USD 100 million amid an outcry from regime supporters.


Saccal Holding, a Lebanese manufacturer and distributor of generating sets, recently opened a warehouse in Syria to distribute its products as power cuts continue to impact businesses and households alike.


Occupancy rates in hotels in the coastal area were high during the summer season and in September according to the Chairman of Syria’s Federation of Chambers of Tourism.


United Insurance Company, a private insurance company, said that it replaced one of its directors because of repeated absences from board meetings.


The launch of air strikes by U.S forces has led to the destruction of Syrian oil and food storage assets.


UPDATED on September 23: Reports have emerged that ISIS has taken over a cement plant that represents the largest foreign investment in the country outside the oil sector.


Syria’s olive oil production is expected to drop by almost half this year because of the poor climatic and security conditions.


Syria’s seed cotton crop is expected to be at only a quarter of its planned output.


Syria’s chambers of industry have provided an update on the destruction of the manufacturing sector in the country.


The Syrian Investment Agency licensed 40 projects in the first eight months of the year, most of them located around Damascus and in the coastal area.


The head of the Damascus Chamber of Industry has refuted claims made by a senior industrialist that most members on its board had relocated abroad in a dispute that highlights tensions among the Syrian business community.


Reports that salaries of civil servants in various parts of Syria are not being paid on time, or not at all, are increasing.


The shares owned by Firas Tlas in the Syrian subsidiary of Lafarge Cement, the global cement manufacturer, have been seized by the Syrian Government.


The text of U.N. Security Council resolution 2170 (2014) adopted on August 15, 2014, calling on all States to act to suppress the flow of foreign fighters, financing and other support to Islamist extremist groups in Iraq and Syria, and putting six persons affiliated to those groups on its terrorist sanctions list.


One of Syria’s state-owned press groups is reportedly planning to issue a daily newspaper to cover Tartous local news.


The English transcript of the speech of Syrian President Bashar Al-Assad during his Inauguration ceremony on July 16, 2014.


The text of U.N. Security Council resolution 2165 (2014) adopted on July 14, 2014, on delivering humanitarian “across conflict lines.”


The number of investment projects licensed by the Syrian Investment Agency in the first half of this year was equivalent to its level of 2012, confirming the relative increase in private sector investments in some parts of the country.


Syria’s olive production, a major bread earner in various parts of the country, will be declining this year, according to the Ministry of Agriculture.


The executive arm of the Syrian opposition is continuing to take various steps to strengthen its credentials in opposition areas and among refugee communities.


Syrianair has announced that its safety accreditation has been renewed by IATA.


Since the beginning of the year, the Syrian Investment Agency has licensed an average of five new projects every months, almost exclusively in the so-called “safe areas” of the country.