Samer Foz (29)

04-09-2018

The Ministry of Transport has issued the new regulations pertaining to the licensing of airlines, which seem designed to protect existing companies, including Cham Wings.

04-09-2018

A pharmaceutical plant producing medicines for the treatment of cancer and owned by a prominent investor is set to start operating near Damascus in the next few weeks.

12-07-2018

In this 2,600-word factsheet we look at China’s economic interests in Syria.

26-06-2018

According to a local media, a Spanish company is considering supplying a photovoltaic power station in Syria, a very rare example of western interest in the Syrian economy.

05-06-2018

A decree granting citizenship to dozens of foreigners, including prominent Syrian investors, has created an uproar in Lebanon.

01-06-2018

In this 2,200-word factsheet we provide a profile of Marota City, the most controversial investment project in Syria.

22-05-2018

A Syrian investor, despite being a close associate of Samer Foz, has seen his assets frozen by the Syrian government for the second time in the space of five years.

15-05-2018

As battles recede in most of western Syria, the country’s warlords appear to be integrating increasingly into the formal economy.

15-05-2018

Rami Makhlouf has reportedly obtained a license to open a microfinance bank in Syria.

01-05-2018

The Ministry of Transport has issued new procedures for the licensing of airlines, which could already remove a player from the market.

19-04-2018

In this 2,300-word factsheet we provide a profile of Samer Foz, who in the space of the past two years has risen to become Syria’s most powerful investor.

17-04-2018

Since it was established in 2016 to develop the Marota City development, Damascus Cham has established various joint ventures with private investors. Here is their list.

10-04-2018

Samer Foz is continuing to expand the scope of his activities as he sets-up a private airline and becomes the agent of a global commercial vehicles manufacturer.

27-03-2018

The imposition of new duty fees has disrupted Syria’s car assembly sector, which despite being very small had even started assembling Toyota cars.

20-03-2018

Damascus’ landmark Four Seasons Hotel is now the property of one of the country’s most powerful business cronies.

16-01-2018

Updated on February 02, 2018 (see bottom for details on updates): A new Syrian investor has signed an agreement to invest in the Basatin Al-Razi real estate area near Damascus.

09-01-2018

A Syrian businessman, little heard of until recently, has signed two contracts worth hundreds of millions of dollars to participate in the development of the controversial Basatin Al-Razi project.

21-11-2017

Samer Foz has been granted the right to develop real estate properties worth hundreds of millions of dollars in the Basatin Al-Razi project in Damascus.

14-11-2017

Samer Foz, the increasingly powerful and visible Syrian investor, is expanding his investment portfolio with a new venture in the pharmaceuticals sector.

14-11-2017

Iran is planning to finance the construction of a sugar refinery production line, according to the head of the state sugar production body.

24-10-2017

Syria’s car assembly plants produced a combined 1,500 units so far this year, according to a local media.

15-08-2017

Samer Foz is reportedly building a large sugar refinery near Homs, further expanding the scope of his activities.

08-08-2017

One of Syria’s most powerful cronies has taken a key business interest in the most lucrative real estate developments in the Syrian capital.

20-06-2017

The launch of a new car assembly plant in Syria, the second in the space of four months only, has served to highlight the steady rise to prominence of an increasingly powerful businessman.

20-06-2017

A government official has said that 225,000 tons of Russian wheat had been supplied under commercial terms since February.

13-06-2017

Several prominent Syrian businessmen, under pressure by the regime, have sold their assets to members of the new business elite, a reflection of how the war is changing the Syrian business landscape.

13-06-2017

A Russian trading house has said that it will supply 1.2 million tons of wheat to Syria on a commercial basis starting September.

12-06-2017
07-03-2017

The success last week of regime forces in linking areas under their control with those of the Kurdish PYD will likely improve supplies of energy and agricultural products in Damascus and other parts of the country, lower costs and provide a small boost to economic activity.