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Finance minister says no timetable set for VAT
Prospects for the launch any time soon of Value Added Tax (VAT) in Syria look grim following... Read full article »
Syria's GDP to rise by 5.2% in 2009, says IMF
Syria's economy should continue to grow in the coming years, albeit at a lower pace than the... Read full article »
Sinopec pays $2bn for Syrian Investment
An increase in production and reserves in Syria's heavy oil fields is attracting renewed interest... Read full article »
Metka Wins EUR 650 million Deir Ali Power Plant Extension Contract
New power plant is part of a Government strategy to add 4,500MW within three years. Read full article »
Cham Holding to Operate Syria's First Private Power Plant
A joint-venture involving the Kharafi Group will build and operate a 750 MW power plant in Syria,... Read full article »
Syria, UAE boost air traffic between them
Air traffic between the two countries is booming in line with the development of trade and... Read full article »
No intention of selling Syriatel shares, Mr Makhlouf says
Rami Makhlouf, Syriatel's largest shareholder, denies that he has any intention of selling his... Read full article »
Syria to apply VAT in 2009
Syria will start imposing a Valued Added Tax from 2009 in a bid to increase budget income. Read full article »
Gulfsands sacrifices top executives to continue development of Syrian oil find
Gulfsands Petroleum has decided to do without its American executives in order to counter US... Read full article »
Petrofac awarded contract to build EBLA gas plant
Petrofac wins second gas contract in less than a month in Syria. The UK company will build a $477... Read full article »
Mövenpick to manage first hotel in Damascus
Mövenpick Hotels & Resorts is the latest international hotel management chain to announce its... Read full article »
Syria's Telecom operator to invest EUR1bn in network
Revenues from mobile operators will boost the 2008 revenues of the Syrian Telecommunication... Read full article »
