Local News Magazine Projects

From a Zabadani resort to a residential city in Aleppo: FAZ Company outlines its projects in Syria

Damascus — FAZ Investment has outlined a set of real estate projects it plans to develop in Syria, during a scientific forum in Damascus on urban planning and sustainable construction. The forum was organised by the Syrian Engineers Syndicate in cooperation with the company, at the Dama Rose Hotel in Damascus, on Wednesday 28 October […]

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Local News Magazine Projects

Abyat secures its supply line from China ahead of the implementation phase

An early step linking subscription to delivery: quality controlled at the factory, and shipping arranged before the schedule comes under pressure. Abyat Investment and Real Estate Development Company announced on 29 October 2026 the signing of a memorandum of understanding for cooperation with C Plano, a company specialised in design and building materials, following a […]

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صورة توضيحية لمنصة حفر من إعلان شركة غلف ساندز لحملة الحفر في بلوك 26
Local News Magazine Projects

A step toward resuming oil activity: Gulfsands invites drilling contractors for five wells in Block 26 in 2027

In a fresh step toward resuming oil activity in northeast Syria, Gulfsands, in partnership with Dijla Petroleum, has invited drilling contractors to express interest in a five-well drilling campaign in Block 26. The campaign will be executed on a lump-sum turnkey basis, with drilling targeted to start in the second quarter of 2027, subject to approvals, award and readiness.

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A ship carrying six blue gantry cranes arrives at Latakia Port
Local News

Latakia Port Receives Six Modern Gantry Cranes Under the French Development Contract

Latakia – Latakia Port received on Thursday six modern fifth-generation rubber-tyred gantry cranes, in a new step within the project to develop and modernise the Latakia International Container Terminal under the contract signed with French shipping company CMA CGM. Fruits of the French Partnership Mazen Alloush, Director of the International Relations and Cooperation Department at […]

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Syrian Minister of Transport Yarub Badr at the meeting on the road rehabilitation contracts award
Local News

Syrian-Qatari Alliance Wins Contracts to Rehabilitate Three Strategic Road Axes: Damascus-Homs, Homs-Aleppo and Saraqib-Idlib

Damascus – The Ministry of Transport announced on Friday the award of contracts to rehabilitate three strategic road axes to an alliance of Syria’s Lubar Trading and Qatar’s Al Jaber Engineering Contracting, in the first practical outcome of the international tender launched by the General Establishment for Road Transport to rehabilitate Syria’s central road network. […]

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Maliye Bakanı Muhammed Yusr Barnieh'nin Şam'da Alman yatırımcı heyetiyle görüşmesi
Local News Magazine

German Investors in Damascus: Barnieh Discusses Upgrading the Banking Sector and Encouraging German Firms to Enter the Syrian Market

Damascus — 21 October 2026 Finance Minister Mohammad Yusr Barnieh met on Tuesday (20 October) with a delegation of German investors to discuss investment opportunities in Syria and ways to expand financial and economic cooperation between the two countries, in the presence of Germany’s Chargé d’Affaires in Damascus, Markus Hecken — the first publicly announced […]

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Local News

A New Investment Channel: Syrian Investment Authority Opens the Door to the Australian Market

Damascus – 22 October 2026 Syria has opened a new investment channel with the Australian market, after the Director of the Syrian Investment Authority, Ahmad Rawad Ramadan, met a delegation from the Syrian-Australian Business Council and a number of investors at the Authority’s headquarters in Damascus, in the first direct engagement at this level with […]

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