Deir-ez-Zor (453)

15-03-2010

The lack of funding is the main obstacle to implementing the USD 43.6 million Syria Drought Response Plan established last year by the United Nations to help alleviate the impact of the drought affecting Syria’s northeast.

08-03-2010
The Central Bank of Syria has licensed 4 new money exchange bureaus.
08-03-2010
The state institution in charge of reclaiming lands in the Euphrates basin will add some 23,000 hectares of cultivable land in 2010 at a cost of SYP 9 billion.
08-02-2010

Venezuela might increase its stake in the Furoqlos Oil Refinery project to provide it with the financing needed for its launch, Sufian Al-Allaw, Syria’s Minister of Petroleum, said.

01-02-2010
Syria's average production of crude oil stood at 376,920 barrels per day (bpd) in 2009, according to the Ministry of Petroleum.
28-12-2009
The number of branches and offices run by the private banking sector increased to 166 as at the middle of December.
28-12-2009
Syria and the World Food Programme signed an agreement to provide USD 22 million in emergency aid to Syria’s drought-affected population.
27-12-2009

Set up of bakery

07-12-2009

Syria’s Ministry of Electricity has awarded two new EPC projects that will add 1,050 MW in power capacity.

16-11-2009

Tatneft, a Russian oil company, is planning to start production of some 5,000 barrels of oil per day from its fields located in eastern Syria.

 

09-11-2009

The Central Bank of Syria has licensed six new foreign exchange bureaus.

02-11-2009
Syria's average production of crude oil stood at 375,936 barrels per day (bpd) in the first nine months of 2009, according to the Ministry of Petroleum.
02-11-2009

The Syrian-Qatari Holding Company (SQHC) plans to invest around USD 100 million in the construction of two sewage treatment stations, according to Hassan Mukayed, its CEO.

02-11-2009
Jazeera Airways has announced that it was expanding its services to Syria by adding a new destination, Lattakia.
02-11-2009

TERNA Group of Greece will compete with Cham Holding for the country's first Independent Power Plant project in Nassirieh, according to Qussay Kayyali, Minister of Electricity.

05-10-2009
In spite of strong interest from local investors, Syria’s industrial cities have yet to attract significant numbers of foreign companies.
14-09-2009
The Syrian President has enacted a decree, exempting investment projects located in the Eastern Region from tax and fees for a period of ten years.
07-09-2009
The number of pupils who are enrolled in Syrian schools and kindergartens this year stands at 5.3 million, or one fourth of the country’s total population.
24-08-2009
Syria has been facing severe power cuts since mid-July as output is failing to cope with growing demand, raising an outcry from the public.
24-08-2009

Sinochem, a state-owned Chinese enterprise, is purchasing Emerald Energy, a company that holds 50 percent of the rights over Block 26, northeast of Syria, for an estimated value of USD 878 million.

24-08-2009
The Syrian Cabinet approved on August 18 a draft law to exempt investment projects located in the Eastern Region from tax and fees for a period of ten years.
03-08-2009
IFA Financial Services will manage the initial public offering of Engineers Holding Company (EHC), a holding firm, the brokerage firm has announced.
03-08-2009
Syria's average production of gas stood at 21.2 million cubic meters a day in the first half of 2009, according to the Ministry of Petroleum.
03-08-2009
Syria's average production of crude oil declined to 376,852 barrels per day (bpd) in the first half of 2009, according to the Ministry of Petroleum.
03-08-2009
IPRMEL, operator of Block 24, has confirmed that it had made an oil find in the Rashid-1 well located 40 km north-northwest of Deir-ez-Zor.
20-07-2009

Syria’s 15th private university, the Arab Private University for Science and Technology (AUST), opened its doors on July 16.

12-07-2009

Total E&P Syrie has formalized the contract with the General Organization of Oil (GOO) to develop production from the Qahar, Attalah and Tabiyeh fields.

22-06-2009

The Kuwait Fund for Arab Economic Development (KFAED) will part finance a project to rehabilitate the Damascus water supply system, according to Nawaf Al-Mhammel, legal counselor at KFAED.

01-06-2009

The drought affecting Syria’s north-eastern region is leading to dramatic economic, human and social consequences, according to a joint FAO/WFP assessment mission conducted in May.

25-05-2009

Turkey has agreed to increase the water flow from the Euphrates River to Syria and Iraq, according to Turkey’s Foreign Minister, Ahmad Davutoglu, as poor water levels continue to have a severe impact on Syrian farmers.

10-05-2009

IPR Mediterranean Exploration Ltd has announced that it made an oil discovery in a well spud in Block 24.

10-05-2009

Syria's average production of crude oil stood at 379,049 barrels per day (bpd) in the first quarter of 2009, according to the Ministry of Petroleum.

03-05-2009

The OPEC Fund for International Development (OFID) has provided Syria a loan of USD 30 million to part-finance the construction of the Raqqa-Deir-ez-Zor-Hassakeh motorway.

19-04-2009

Syrian Pearl Airways will launch its operations early next month, after it receives two BAE 146-300 aircrafts leased from Orion Air, a Spanish charter carrier, according to AbdulRahman Al-Attar, chairman of the company.

05-04-2009

CNPC is eyeing Petro-Canada’s Syrian assets, according to Chinese press reports.

19-01-2009

The European Investment Bank is providing a loan of EUR 275 million to finance the extension of a power station at Deir Ali, south of Damascus.

18-01-2009
Jazeera Airways has announced that it was launching a new route to Deir-ez-Zor.
12-01-2009

Dedeman Hotels expects to increase the occupancy rates of the three new hotels it is managing in Syria, according to its country manager, Birol Kaymas.

12-01-2009
The Ministry of Tourism is giving new incentives to encourage investment in more remote areas of the country as well as in the largest projects it is offering to investors, according to Ghiath Al-Farrah, head of Touristic projects at the Ministry.
15-12-2008

Syria's average production of crude oil stood at 379,494 barrels per day (bpd) in the first three quarters of this year, according to the Ministry of Oil.

14-12-2008
The Deir-ez-Zor Chamber of Commerce and Industry held the elections of its Board of Directors earlier this month.
24-11-2008
Noor Petroleum Company plans to take over the site where it will build its USD 3.5 billion Syrian refinery in the 2nd half of 2009, according to Mohammad Ibrahim, chairman of the company.
24-11-2008
The Syrian President has issued a new law allowing the private sector to invest in salt extraction and mining.
17-11-2008
China Petroleum Technology and Development Corporation (CPTDC) will supply USD 50 million worth of drilling equipment and materials to the Syrian Petroleum Company (SPC).
10-11-2008

The Social Security Organization (SSO) has invested actively in the last few years in private sector firms.

02-11-2008
Syria is moving ahead with plans to build a gas pipeline linking its gas network with the Akkaz field in Iraq.
29-09-2008

The Syrian-Kuwaiti Al-Jaz Group will build five plants in Deir-ez-Zor Industrial City (DZIC) at a total cost of SYP 490 million.

22-09-2008
The visit of French President Nicolas Sarkozy to Damascus on September 3rd and 4th was concluded with the signing of a number of commercial agreements and memoranda of understanding between French and Syrian companies and institutions.
08-09-2008
Syria's average production of crude oil stood at 380,237 barrels per day (bpd) in the first half of this year, according to the Ministry of Oil.
08-09-2008

Total E&P has signed three long-term agreements with the Syrian Petroleum Company and the Syrian Gas Company that will further the presence of the French company in the Syrian oil and gas industry.