Real Estate & Construction

The rehabilitation and development of the Qassioun Hill could cost up to USD 500 million according to estimates of the Municipal Administration Modernization Programme, an EU-funded project.
Akar Development, a fully owned subsidiary of Al-Zaim holding, has announced the completion of infrastructure works in its USD 680 million Cordoba Hills project near Aleppo.
Egypt’s Porto Marina has been awarded the contract to manage the Antaradus sea resort in Tartous, according to Hassan Taher, general manager of Wahoud Group (WG), the firm developing the project.
Emaar-Syria will launch a tender for the construction of four furnished apartment buildings and three office buildings in the Eighth Gate project before the end of this year, according to Sarhad Haffar, general manager.
Majid Al Futtaim, a property and shopping malls developer based in the UAE, has announced that it planned to invest USD 1 billion in building Syria's largest mixed-use development.
The Syrian president has issued a new decree that aims to curb the development of illegal housing.
GS Real Estate has completed the sale of the first phase of residential units in Murooj Valley, the latest real estate development by IGO.
The Kuwait Syrian Holding Company (KSHC) has announced that one of its subsidiaries, Al-Nasser Gardens Holding Company, had signed a conditional purchase contract, through its Syrian affiliate, Al-Nasser Gardens Syrian Joint Stock Company (an affilia...
Kuwait Financial Center is building a USD 30 million office tower south of Damascus in joint-venture with the Kahale and Marouf Groups, two Syrian firms.
Aref Investment Group, a Kuwaiti holding, will begin construction works on a USD 320 million real estate development in Syria early 2009.
A new law regulating property ownership for non-Syrians has been enacted by the Syrian President.
Qatari Diar Syria is seeing strong interest for its real estate development in Lattakia, the Ibn Hani Resort.
Al Badia Cement has signed a Memorandum of Understanding with China’s CBMI to build a cement plant in the area of Abu Al Shamat near Damascus.
Akar Development Company, a fully-owned subsidiary of Al-Zaim Holding, has announced the completion of 80 percent of the infrastructure work in its Cordoba Hills real estate development near Aleppo.
The Ouais Group has won the contract to build the Jasmine Hills Real Estate development, located in the area of Yaafour, near Damascus.


Motex 2011
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Damascus 1st Tourism Shopping Festival
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