China (356)


Interview with Nichola Antakli, CEO of Intraco Corporation, on the challenges for a US firm doing business in Syria.

General Motors Middle East announced on March 13 that it had appointed Intraco as the GMC distributor in Syria.


Syria will start importing light crude oil in 2009, according to Omar Al-Hamad, Director-General of the Syrian Petroleum Company (SPC).


China’s Haifei Automobiles expects its total exports to Syria in 2007 to reach 20,000 cars. At the end of November it had sold 18,000 cars.


The Syrian government has signed an agreement with Iran, Venezuela and a Malaysian consortium to build a 140,000-barrel per day refinery in central Syria.


Tanganyika Oil Company has confirmed the technical difficulties faced by its Syrian subsidiary, Dublin International Petroleum Syria Limited.

The Ministry of Economy is pursuing its liberalisation of foreign trade and authorizing the import of a growing list of products.

Production at fields redeveloped by Dublin International Petroleum Syria Ltd (DIPL) stood at 9 266 barrels of oil a day in the second quarter of this year according to a statement from the company.

Syria is still far from its target of a social market economy, says Taysir Raddawi, the head of the State Planning Commission.

Shell will devise a master plan for the development of the gas sector in Syria, following an agreement signed between the Anglo-Dutch firm and the Ministry of Petroleum.

Syria’s total foreign trade volume rose to SYP 1 trillion (USD 20 billion) in 2006, an annual increase of 12 percent, according to preliminary estimates from the Central Bureau of Statistics.
Syria’s production of cotton is expected to drop by a third in the 2006/2007 crop to 650 000 tons

Syria is moving closer to build its first privately-held oil refinery, according to Abdallah Dardari, Deputy Prime Minister.


Joud Group is planning to set up a steel billet manufacturing plant in the industrial city of Adra, some 35 km north east of Damascus, in joint-venture with unnamed Syrian and Lebanese investors. The plant will have an annual production capacity of 512...


Ten new blocks will be offered for concession in the coming two months according to the Syrian Minister of Petroleum


Sysacco, Syria’s first caustic soda and hydrochloric acid manufacturing company will start production next May, according to its general manager, Ourwa Sabbagh.

IPR Energy, has started drilling works on Block 24, in the eastern region of Syria.

Syria, Jordan and Saudi Arabia are in the first stages of reviving the old Hijaz railway line after the signature of an agreement between a Syrian-based company, Balkees Real Estate, Industrial and Commercial Investment Company, and the Hijaz Railways ...


Shell’s new investment in Syria is part of a long-term strategy says Campbell Keir, General Manager of Shell Syria, following the signing of two production sharing contracts with the Ministry of Oil


Syriatel has purchased a stake in Yemen’s third GSM operator, UNITEL.


The Higher Education Council has approved the opening of new departments at Syrian state universities and faculties starting from 2006.


The English transcript of the interview of Syrian President Bashar Al-Assad with Al-Hayat on June 26, 2006.

Syrian exports of textile products to the European Union fell sharply in 2005.

Petro-Canada is taking over Marathon Oil’s share over its contract to develop gas fields in the region of Palmyra according to diplomatic sources in Damascus.


Himalaya Energy (Syria) B.V. is the new Amsterdam-registered 50:50 Joint Venture Company that acquired the entire shares of Petro-Canada in Al Furat Petroleum Company.


The United States has voiced strong opposition to India’s Oil and Natural Gas Corp (ONGC) purchase of the stake of Petro-Canada in Al Furat Petroleum Company (AFPC).


The Ministry of Oil and Mineral Resources has received 23 bids from thirteen different companies for exploration works on the nine blocks offered for tender in the round held last December in Damascus.


Syria is planning to double its oil refining capacity in the coming five years and switch its exports towards refined products, according to Ibrahim Haddad, Minister of Oil and Mineral Resources.


The leading oil companies of China and India have finally agreed to jointly acquire a Canadian firm's petroleum interests in Syria in their first collaborative venture.

Syria's Transport Ministry signed a contract with the Chinese Zijan Timis Company whereby 600 buses will be imported to the country.

The English transcript of the interview of Syrian President Bashar Al-Assad with Turkish TV on December 28, 2005.


The English transcript of the interview of Syrian President Bashar Al-Assad with Russian TV on December 12, 2005.


Petro-Canada is expected to finalize the sale of its stake in Al-Furat Petroleum Company (AFPC), after reports have emerged that a number of companies are finalizing their bids.


Saudi and Syrian investors announced plans to build a USD 32.7 millions petrochemical plant in Syria to manufacture Caustic Soda and chloride. The new plant will be named the Saudi-Syrian Petrochemical Company and will be located in Aleppo (North West ...

A State-owned Chinese company agreed with Farzat, a Syrian construction company to build a black cement factory in Adra near Damascus.

Arrangement for the establishment of a Chinese business city in the free zone in Adra, north Damascus were finalised during the visit of a delegation of Chinese businessmen and women to Syria, Sheikh Hashel Bin Zayed al-Mubarak, who is supervising the ...

The first Syrian Tourism Investment Market set out a range of incentives for foreign investors to spend money developing tourism in the country. The Syria Report highlights the key issues at stake.

Exports have stagnated in the last few years, although, according to most analysts the Syrian production is competitive both in terms of quality and price. Marketing remains weak and product diversification limited.
The Syria Report is publishing, with support from the Syrian European Business Centre, a special report on Syria's textile industry, Textile in Syria 2005.

The English transcript of the speech of Syrian President Bashar Al-Assad at the Parliament on March 05, 2005.

Fields redevelopment works are yielding positive results. Long-term prospects for the Syrian oil industry, however, are a source of debate.
The historic visit of the Syrian President aims at bolstering ties between the two countries following the US sanctions.

The English transcript of the interview of Syrian President Bashar Al-Assad with China People’s Daily on June 21, 2004.


More than ten years following the beginning of the works, Syrian Prime Minister, Naji al-Otri inaugurated on April 22, the Teshreen Dam built on the Euphrates River close to the city of Manbej (Aleppo Governorate).

The Ministry of Petroleum has announced a new round of bidding for the development of oil and gas fields. Meanwhile, two contracts with foreign oil companies were finalised this month.
Syria was elected Chairman of the Middle East Committee of the World Tourism Organisation (WTO) for the coming two years, during the WTO's 15th General Assembly meeting held in October in China.

The English transcript of the interview of Syrian President Bashar Al-Assad with Kuwaiti newspaper Al-Anbaa on May 26, 2003.


The English transcript of the interview of Syrian President Bashar Al-Assad with Kuwaiti newspaper Al-Anbaa on May 26, 2003.

The Tanganyika Oil Company (TOC), which was recently awarded, through its affiliate Dublin Oil, the redevelopment contract of the Oud block, in the northeastern part of the country, is finalising its agreement with the Syrian Petroleum Company.
The Syrian Petroleum Company (SPC) has finalised a production-sharing deal with the China National Petroleum Corporation (CNPC) for the development of the Kebibe field in the north-eastern part of the country.
On January 11, Haddad announced the award of five new oil exploration rights licenses.