Subjects – Syria Report



An affiliate of the Bemo banking group is providing microfinance loans to members of a charity linked to a militia that fought during the war and to various Iranian political figures. The charity is based in the Damascus suburb of Sayyida Zeinab. Another company involved in this project is the local agent of Western Union. The move carries serious risks to the group’s reputation.
Syria’s Katerji brothers have been blacklisted by six members of the Gulf Cooperation Council – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates – in the first such known act against prominent regime-affiliated businessmen by countries of the region.
The government has increased unsubsidised oil prices, attributing the hike to “rising global oil prices” and to its effort “to narrow the wide gap with black market prices.” Damascus has also announced a new Iranian credit line for the purchase of oil supplies from Tehran.


This 3,170-word report provides an overview of the Syrian cement sector, including the challenges faced by the industry, the latest production and trade data, and a list of the main actors.


Import and export; trading construction materials and cars; and contracting.
Import, export, and trading of construction materials, textiles, furniture, foodstuff and cars and providing tourism-related services.
Import and export; providing tourism-related services; trading leather, foodstuff, children games, electrical tools, and furniture.
Import, export and trade of electrical appliances, construction materials, foodstuff, and smartphones; and providing marketing services.
Trading of construction materials, foodstuff, plastic products, heavy and light machinery, and medicine and providing maritime and air transportation services.