A presidential decree appoints engineer Omar Samer al-Halabi as economic adviser to the presidency and chairman of the Syrian Sovereign Fund. Read the full text of the decree and the new chairman’s biography.
Bangkok — The Board of the Saudi Fund for Development has approved financing six projects in Syria with concessional loans worth $406 million, according to a Syrian Finance Ministry statement published on Friday, October 16, following a meeting between Finance Minister Mohammad Yusr Barnieh and the Fund’s CEO, Sultan Abdulrahman Al-Murshed, on the sidelines of […]
Bangkok — During the Syrian financial delegation’s participation in the 2026 Annual Meetings of the IMF and the World Bank Group in Bangkok (October 12–18), Finance Minister Mohammad Yusr Barnieh and Central Bank Governor Mohammad Safwat Raslan discussed development cooperation with Hammam bin Nasser bin Jurayd, CEO of the Arab Gulf Programme for Development (AGFUND), […]
A new international report puts Syria’s reconstruction cost at $216 billion: $81.7 billion for infrastructure, $74.5 billion for housing and $59.3 billion for commercial and industrial buildings — and separates announced deals from projects actually under implementation.
Damascus — On the sidelines of the Syria Cement & Ready-Mix Concrete Conference & Exhibition 2026, held at the Damascus Fairgrounds from 15 to 17 October, Bashir Al-Abdullah, general manager of Al-Inmaa & Construction for Trade & Contracting, sketched in remarks to Sawa News agency a sector he sees as the cornerstone of reconstruction: raw […]
Raqqa — The foundation stone was laid on Tuesday (13 October 2026) for a new cement plant project in the city of Ain Issa, in the northern countryside of Raqqa Governorate, in cooperation between the Ministry of Economy and Industry and Raqqa Governorate, and in the presence of Governor Abdul Rahman Salama. The project is […]
Syria’s General Housing Corporation re-offers Plot No. 4 on Damascus’s Mazzeh Autostrad for investment: 7,000 metres, USD 200,000 preliminary and USD 1 million final guarantees, 1,095 days to execute.
The first Syrian–German Medical Engineering Forum concluded at Damascus University with calls for a unified medical engineering code, one-month training in Germany for top students, and DAAD cooperation.
Quneitra Halves Building License Fees in 14 Border Villages Quneitra – 12 October 2026 – CIP Quneitra Governorate, in cooperation with the Syrian Engineers Syndicate, has cut building license fees by 50% for areas of up to 100 square metres in 14 villages and farms adjacent to the ceasefire line with the Golan. The decision […]
One Authority, One Gate: The Legal Roadmap for Property Developers in Syria Damascus – 10 October 2026 – CIP Update 12 October 2026 — New regulatory framework for real estate and construction investment On 10 October 2026, the Syrian Investment Authority announced a new regulatory framework for real estate and construction investment: • Customs and […]
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