Steel (188)


The list below includes the names of all the individuals that have been blacklisted by the European Union since the beginning of the Syrian uprising in March 2011.


The list below includes the names of all the Syrian entities that have been blacklisted by the European Union since the beginning of the uprising in March 2011.


A delegation from an Indian company visited Damascus this week with a view to restart construction works on a power plant.


The Syrian minister of transport has given more details on the Tartous deal with Russia, partly to deflect strong criticism coming from loyalists.


The government has decided to stop issuing new licenses for the establishment of iron and steel plants.


Aman Holding has reportedly significantly raised its capital as it seeks to fund its expanding business.


Samer Foz has announced the set-up of a new project in the coastal area.


Smelting and manufacturing of metal products


The Government’s plans to spend on investment projects are falling short because of a continuous shortage of cash, the recent example of a serum production plant shows.


Syria’s steel industry is struggling to increase production as demand remains low and limited construction works take place in the country.


This table highlights key indicators on Syria's steel industry.


Samer Foz, Syria’s most prominent businessman in past years, has expanded his business activities by buying a significant stake in the country’s largest private sector bank.


A Syrian court has reportedly discharged a freezing order on the assets of a prominent Syrian investor.


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.


Trade of building materials, steel products, electric equipment and heavy machinery for cement and steel plants


The Syrian regime is clamping down on Ayman Jaber, one of Syria’s most prominent warlords and a long-time business partner of the Assad family.


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.


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.


In Raqqa, Deir-ez-Zor and other areas under SDF control, local councils continue to announce on a regular basis the rehabilitation of infrastructure and various new development projects.


The Raqqa Civil Council has announced a set of new projects to improve living conditions and economic activity in the northeast.


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


The Raqqa Civil Council has announced the construction of a new bridge over the Euphrates that will reduce significantly transport times.


The demand for steel and cement in Syria is too low to justify any new investment in this sector, government officials have said.


The Raqqa Civil Council has announced several new economic initiatives as it strives to restore normal life in the city.


Recent statements by American officials but also reports from Raqqa suggest that the United States is considering getting involved in some form of reconstruction in Syria’s northeastern region.


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


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.


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.


Around half of Syria’s state-owned manufacturing companies are in such dire straits that they will likely never start operations again, an official report has found.


In this 2,500-word factsheet, we provide an overview of Syria’s economic and financial relations with Russia.


Trade of iron and steel products


Updated on April 20, 2017: The list of investors whose assets were recently frozen by the Syrian government has dozens of prominent names, including family members of prominent security officials.


Metal foundry


In a bid to raise revenues and reduce subsidies, the Syrian government has increased again electricity prices, a year after a similar decision.


Last week saw the death in Lattakia of Soubhi Joud, founder of the Joud Group, one of the country’s largest business conglomerates.


Trade of building materials, including iron sheets and rods


Production of iron sheets and metal pipes


The Ministry of Economy has drawn a list of goods that will be prioritized for imports.


Manufacturing and trade of iron bars


Production of reinforced iron


CMA CGM will reportedly begin a regular route between Lattakia and the Black Sea in a bid to enhance Syrian exports to Russia.


In 2015, the volume of cement produced by Syria’s public sector companies declined by around 20 percent on an annual basis, reflecting both lower demand in the market and production challenges.


On Saturday, Syria more than doubled the price of electricity sold to households and businesses as the Government continues its drive to generate new resources.


During a visit of Syrian Foreign Minister Walid Al-Muallem to New Delhi last week, the Indian Government reportedly promised a resumption of works on two large projects in Syria.


The Syrian Government has rushed in recent weeks to approve various laws and decisions in the economic field.


The European Union has removed a Syrian businessman from its sanctions list, only nine months after listing him.