Real Estate & Construction

During his visit to Syria to attend the official launch of the Arab Orient Insurance Company- Syria (AOICS) in Damascus, Mr.Omar Al-Futtaim, CEO of Al-Futtaim group, announced that his company would study the possibility to build a Damascus Festival Ci...
Tameer Holding, one of the UAE’s largest real estate developers, will invest next year in a residential project in Syria, according to Omar Ayesh, its President.
Emaar-IGO will start construction works at the Eighth Gate project within a month at most, according to Sarhad Haffar, general manager of Emaar Syria.
Emaar Syria has announced that it had begun selling office spaces in its Eighth Gate commercial centre located in Yaafour, starting August 23rd.
Global House of Bahrain has announced its first investment in Syria, after its purchase of a 50 percent stake in a large real estate project near Damascus.
Urban Development Group (UDG), a Syrian-based private firm, will lay the foundation stone of its first mixed-use development project, Yafour Gardens, on July 18.
The Syrian President has passed into law a new text regulating the activities of housing cooperatives.
Construction works at the Hijaz Station estate are now expected to start in June after they were initially scheduled to begin in February
Orascom Construction Industries (OCI) is launching a 2 million ton cement plant in joint-venture with MAS, a local trading and industrial group
The grand opening of the Palm Village resort, located in the outskirts of Damascus, will take place at the beginning of June, after a one-year experimental period
Shahba Mall, Syria’s largest commercial centre, is expected to open its doors in April 2008
Queen Palace Company of the United Arab Emirates will develop the Yalbugha complex, a major real estate compound in central Damascus, after the initial contract with Saudi-based Middle East Shopping Centre Consultants was cancelled.
The Syrian Government has approved the draft Real Estate Development and Investment Law
The Kahale Group has emerged recently as one of the most important local investors in the real estate sector in Syria
The Dubai-based real estate company "Emaar" will start developing its USD 500 million Eighth Gate project by the end of the first quarter of 2007, according to Moafaq Al Gaddah, Chairman of the Investment Group Overseas (IGO), an offshore inv...


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