Syria

December 12, 2000

02:00 GMT

Financial cooperation between the European Union and Syria will gain new life this coming week, with the European Investment Bank (EIB) loaning Syria money - an estimated $66 million - for the first t

December 11, 2000

02:00 GMT

Syria will soon launch a set of measures to reform its uncompetitive industrial sector.

02:00 GMT

Franco-Lebanese bank Societe Generale Libano-Europeenne de Banque (SGLEB) announced that its new branch in the Damascus free zone in Syria had opened for business.   The bank is the first of the four

02:00 GMT

During the meeting of the ruling Baath Party’s Regional Command headed by Syrian President Bashar Assad, decrees were approved on the establishment of private banks, a stock market, and the introducti

02:00 GMT

A senior source at the European Commission Office in Damascus revealed that the European Investment Bank will launch its first investment project in Syria next year. According to <I>Al-Watan</I> newsp

December 10, 2000

02:00 GMT

A joint Lebanese-Syrian technical team will start rehabilitating the Lebanese and Syrian sections of the Iraqi oil pipeline in January, the Daily Star

02:00 GMT

Financial cooperation between the European Union and Syria will gain new life this coming week, with the European Investment Bank (EIB) loaning Syria

02:00 GMT

The Saudi Syrian National Company will begin to produce and market various dairy products, yogurt and fruit juices in the beginning of next year.

02:00 GMT

The Syrian Customs General Authority has recently imposed new taxes on the import of new cars. As a result, a new car purchase remains a dream for millions of Syrians.

December 7, 2000

02:00 GMT

Syrians will soon be able to watch movies of choice and without having to pay a fortune.

02:00 GMT

Graced with high oil prices, Syria has traded in its policy of financial austerity for heavy spending, aiming to rekindle growth in a country long known for its stagnating economy.

December 6, 2000

02:00 GMT

Syria ordered three civilian radar systems last month, valuing a total of $29 million from the Anglo-Italian company AleniaMarconi Systems.

02:00 GMT

The Syrian Aviation Public Authority reported that 2,800 airplanes had landed and taken off at the Syrian airports in June 2000, translating into a 13 percent increase since June 1999.

02:00 GMT

Aram Saleeba, the director general of Syria’s giant Al-Hasaka irrigation and land reclamation undertaking has provided additional details about the project.

02:00 GMT

The Syrian parliament has approved a government budget of 322 billion Syrian pounds (seven billion dollars) for 2001, an increase of 16.9 percent on this year, the official press reported Tuesday.