Homs (854)

03-06-2005
According to the annual report of the Investment Bureau, the Investment Higher Council licensed a total of 759 investment applications for a total paper value of SYP 203.6 billion (around USD 3.85 billion).
03-06-2005
The EU is providing a EUR 18 million loan to Syria under the MEDA programme to ensure better management of the country’s big cities - including developing city properties, attracting private investment, creating jobs and boosting services such as...
15-04-2005

Brazil’s Kepler Weber has announced that it had earned a USD 1.44m contract to supply soybean storage equipment to Al-Akhras Group, one of Syria’s leading commodities trader.

02-04-2005
An EU-funded project was launched in Syria at the end of March to develop environmental energy programmes, solar energy programmes and to train higher education students about renewable energy.
02-04-2005

A new SYP 957 million dam near Homs that will irrigate over 3,200 hectares of the Bakeea plain was inaugurated by Syrian Prime Minister Mohammed Naji Otri on March 19.

02-04-2005
According to a recently released report, the estimated money transfers from Syrian workers in Lebanon stood at USD 1.5-2 billion a year.
09-02-2005

The state-owned General Company for Engineering and Consulting (GCEC) has awarded Malaysia's SMHB Sdn Bhd the contract to design and review waste water treatment plants in the cities of Damascus, Homs, Lattakia and Aleppo with a total treatment capacity for a population of two million.

09-02-2005
Petro-Canada, Oxy lose major gas deal. State-owned company will run it instead while a new international tender will be issued for the gas treatment plants.
10-01-2005

Syria’s income from tourism is estimated to have reached USD 1.85 billion in 2004, an annual 31% rise from 2003 (USD 1.414 billion), according to the Ministry of Tourism.

10-01-2005
Bank of Syria and Overseas’ (BSO) total deposits stand at SYP 4 billion (USD 76.92 million), according to George Sayegh, general manager of the Bank, who was talking to al-Thawra.
01-12-2004
The Ministry of Tourism is organizing an international conference next April to attract more investments in the Syrian tourism sector.
01-11-2004
The Syrian Ministry of Transport (MOT) has asked developers to submit offers to build road projects on a BOT (Build Operate Transfer) basis for the first time in Syria.
01-10-2004
Syria is to set-up five relays of its Euro Info Correspondence Centre (EICC).
01-08-2004
A Federation of Chambers of Industry is to be created following the passing of a Presidential decree in that sense on 20 July 2004.
01-07-2004
The launch of SHERN is part of the development of the Syrian higher education sector that is now also encompassing state universities.
01-06-2004
Gas production is taking an increasing role in Syria's energy policy. More gas reserves are found while the development of the Syrian part of the Arab Gas Pipeline has been Okayed.
01-04-2004
Long-term commitment of TOTAL in Syria is in doubt after it fails to clinch the last significant development contract in the Syrian oil & gas industry.
01-04-2004
Daaboul has built a major LAB plant in partnership with Saudi Arabia's Al Rajhi and financing from IFC. The project is one of the major private sector industrial ventures in the country.
01-04-2004
The transport sector continues to witness significant investments. Air traffic is set to increase with new airports and growing capacity.
01-01-2004
A new NGO, MAWRED has launched Syria's first business incubator dedicated to Syrian business women.
01-12-2003

Foreign and local investors are going to build and operate the first private-sector sugar refinery in Syria.

01-12-2003
The Prime Minister has named new heads for the General Organisation for Sugar (GOFS) and the General Organisation for Textile Industries (GOTI).
01-11-2003
Syrianair has recently opened its fifth new office of the year in Sayyida Zeinab, in the outskirts of Damascus.
01-10-2003

The priority given to the education sector is reflected by the opening of the first private universities in Syria's history. However, very high tuition fees remain an obstacle.

01-10-2003

Syria's Ministry of Oil is planning to establish a polyethylene plant and soda caustic unit, affiliated to the Homs Refinery Company as a first step in the launch of a local petrochemical industry.

01-08-2003
The long term aim is to reduce import of white sugar through the expansion of production capacity. Private investors have been allowed to enter the sector.
01-08-2003
Four ventures have appeared as the front-runners for the award of a contract to develop the largest gas fields in Syria.
01-08-2003

Syria's General Organization for Sugar (GOFS) has awarded a USD 71.4 million contract to Egypt's Sugar and Integrated Industries Company (SIIC) for the development and expansion of the Al-Ghab Sugar Company (AGSC).

01-07-2003
The oil sector continues to make the headlines again as the award of two oil exploration contracts have been announced in the past month.
01-07-2003
One of the most significant direct consequences of the landmark Law N°10, passed in 1991 to provide a more friendly environment to private sector investment, was the complete overhaul of the national transport sector.
01-05-2003
Besides the discussions on the reform of Investment law N°10 which have been going on for several months now, the Syrian government has also been working on the set-up of new Hi-Tech economic areas.
01-04-2003
Syria is to invest in its first major float glass factory in a joint-venture with an Iranian company.
01-03-2003
After the award by Lebanon, of the contract to build the Lebanon side of the Syrian-Lebanese gas pipeline, Syria is expected to start pumping gas to its neighbour before the end of the year.
01-02-2003
The upgrading and expansion of Homs refinery, the country's largest crude oil refinery, is expected to cost an estimated USD590 million, according to Ahmed Hammoud, Director-General.
01-02-2003
The Syrian President, Bashar al-Assad, issued a decree on February 4, establishing the Syrian Gas Company (SGC).
01-02-2003
Syria's Public Establishment for Electricity Generation and Transmission (PEEGT) has awarded a USD35 million contract for the construction of six new high-voltage power substations to ABB India, the Indian affiliate of Asea Brown Boveri, one of the lar...
01-01-2003
Syria held in mid-December the largest oil and gas seminar it has organised in years.
01-01-2003

The draft law amending Syria's investment framework has been published by Al-Baath, one of the three national state-owned dailies.

01-01-2003
According to press reports from the Gulf, a number of new investors are entering into the capital of the Damascus Four Seasons Hotel.
01-12-2002
Ibrahim Haddad, Syria's minister of oil and mineral resources, was early November in Cyprus to push forward Syria's bid to supply Cyprus with its energy needs.
05-11-2002
The Syrian General Company for Phosphate and Mines has so far this year exported 1.5 million tons of phosphate worth 1.38 billion Syrian pounds (US$208 million), reported Zawya.
12-08-2002
Syria launched on Friday 10 August its first tourism month, Syrian Festival 2002.
29-07-2002

The Arab Fund for Economic and Social Development (AFESD) has extended to Syria two loans worth KWD14.5 million (USD48.3 million).

29-07-2002

The Arab Fund for Economic and Social Development (AFESD) has extended to Syria two loans worth KWD14.5 million (USD48.3 million).

29-07-2002

The Arab Fund for Economic and Social Development (AFESD) has extended to Syria two loans worth KWD14.5 million (USD48.3 million).

19-04-2002
The Homs Chamber of Commerce and Industry has signed a cooperation agreement with the Chamber of Commerce of Kirkouk (Iraq).
29-03-2002
The feasibility study for the building of a new pipeline carrying Iraqi oil through Syria has been completed, said Ibrahim Haddad, Syria's Minister of oil and mineral resources.
25-03-2002
According to Teshreen, the capacity of Banias oil refinery will be raised to 9 million tons a year from the current 6 million within the five coming years.
22-03-2002
The Syrian government is currently negotiating with the European Investment Bank to expand the country's refining capacity.
07-03-2002
The first details on the requirements set by the Syrian Telecommunication Establishment (STE) to license ISP operators and Internet cafes have been revealed.