Turkey (948)

The Ministry of Economy and Foreign Trade has announced that it had completed the liberalization of the country’s import trade.

The English transcript of the interview of Syrian President Bashar Al-Assad with the Qatari Al-Watan newspaper on April 27, 2008.


Turkey, Iraq and Syria have agreed to set-up a joint water institute to cooperate on the sharing of their joint water resources, according to Turkish press reports.

The State Planning Commission is organizing a 2-day conference in Deir-ez-Zor to promote investment in the eastern part of Syria.
Shuaa Capital, one of the largest financial firms in the UAE, is entering the Syrian market following its purchase of a majority stake in Orion Brokers.

Syria's production of cement could exceed 30 million tons per annum by the end of 2011, according to statistics from the Syrian Investment Authority and the General Establishment of Cement and Building Materials.


Iran will supply Syria with 3 million cubic metres a day of natural gas starting in the last quarter of 2009, according to a recent deal between the two countries.


Syrian Turkish bilateral trade increased by 50 percent in the first eleven months of last year, following the entry into application of the Free Trade Agreement between the two countries at the beginning of 2007.


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.

Rami Makhlouf, one of Syria’s most prominent businessman is selling Syriatel, the country’s largest GSM operator.

Syriatel, Syria’s largest private corporation, is about to be sold by its main shareholder, Mr Rami Makhlouf.

Syria and Turkey will formally inaugurate the Syrian Turkish Association Council (STAC) during a bilateral meeting in Mersin, Turkey, on November 12.

Syria’s Pistachio production is expected to reach 70 000 tons in 2007, and increase to 80 000 tons in 2008.


Foreign Direct Investment grew last year to record levels in Syria, according to the latest report from the United Nations Conference on Trade and Development.

Foreign Direct Investment in Syria reached USD 600 million in 2006, according to the World Investment Report published by the United Nations Conference on Trade and Development.
Guris Construction and Engineering Co. Inc of Turkey plans to start operations at a fully-owned cement plant in the north eastern city of Raqqa at the beginning of 2009.

The English transcript of the speech of Syrian President Bashar Al-Assad on a visit to Turkey on October 17, 2007.


The English transcript of the interview of Syrian President Bashar Al-Assad with Tunisian newspaper Al-Shirouq on October 11, 2007.


Syria will start purchasing gas from Egypt at the beginning of 2008 at a rate of 2.5 million cubic meters per day, according to Ali Abbas, director general of the Syrian Gas Company (SGC).

Turkey and Syria’s railways companies are setting-up a joint USD 30 million company.

Syria continues to suffer from power shortages around a month after the electricity crisis began.

Syria has cancelled all its export contracts for soft and hard durum wheat, as a result of a poor harvest in the country this year, according to Suleiman al-Naser head of the General Establishment for Cereals Processing and Trade.

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.


Three new brokerage firms, Orion Holding, Elite Financial Services and Orouba Stock Brokers, have been given preliminary licenses from the Syrian Commission on Financial Markets and Securities.

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.

The Ministry of Oil has invited international oil companies to bid for the exploration of four offshore blocks. This is the first time Syria offers offshore areas for exploration


Azarab Energy Industries Development of Iran has put into operation the first of the two units at Banias power plant, nearly a year after the company had announced the completion of works

Syria’s production of cotton is expected to drop by a third in the 2006/2007 crop to 650 000 tons

Syria's market demand for cement is expected to reach 6.5 million tons in 2007, according to Ahmad Ali Saleh, director general of OMRAN.

The local demand on diesel is expected to reach 7.7 million tons in 2007, according to the estimates of Mahrukat, the state-owned firm in charge of distributing oil by-products.

Syria's export of wheat grew 100 percent in 2006, according to the General Establishment for Cereal Processing and Trade.


Works on the first phase of the Syrian section of the Arab Gas Pipeline are moving on schedule according to officials from the Syrian Gas Company


Syria’s human development ranking remained stable for the third year running according to the latest Human Development Report (HDR 2006) published by the United Nations.

Syria is the world fourth largest producer of pistachio thanks to a steady growth in planted trees and production
Foreign direct investment in Syria surged last year, according to the World Investment Report, an annual survey published by the United Nations Conference on Trade and Development.

The Association Agreement establishing a free trade area (FTA) between Syria and Turkey will enter into force on January 1, 2007 after all remaining legal documents required from the Turkish side have been finalized.


Dove Energy has begun drilling operations in the Mare’s field on Block VI


PEEGT signs deal to buy electricity from Turkey.


The English transcript of the interview of Syrian President Bashar Al-Assad with Kuwaiti newspaper Al-Anbaa on October 07, 2006.


The OPEC Fund for International Development (OFID) has granted Syria a loan to part-finance the stretch of the Arab Gas Pipeline that is going through its territory.

Syria’s largest cities should witness next year the most dramatic change in decades in their public transportation system.

The business environment in Syria remains weak according to the latest Doing Business report from the World Bank, although its ranking in this annual index that rates the friendliness of the business environment of countries around the world has slight...


The English transcript of the interview of Syrian President Bashar Al-Assad with Dubai TV on August 24, 2006.

The Islamic Development Bank has accepted to part-finance the building of the third phase of the Arab Gas Pipeline that will run from the Jordanian border to the city of Homs.
Syrian exports of textile products to the European Union fell sharply in 2005.

The Arab Fund for Economic and Social Development (AFESD) has accepted to finance the third phase of the Arab Gas Pipeline that will run from the Syrian-Jordanian border to the city of Homs.

Launch of the MED-ENEC Pilot Projects Competition.

A German company is expected to be the first private sector operator in the Syrian electricity field after four decades of state monopoly.


The Government approved on May 2 the set-up of the "Eastern Region Development council", which will have the task to coordinate development programs in the three eastern provinces of Hassakeh, Raqqa and Deir-ez-Zor.


Syria’s wheat production remained strong at 4.7 million tonnes according to the latest annual Grain and feed report of the Foreign Service of the US Department of Agriculture (FAS-USDA).