It has been a productive and exciting year for Syria. The country has in the past faced difficulties due to its weak administrative structure, together with US sanctions, which have had an affect on investment and development opportunities. This is changing. The challenges the country faces include shifting from an oil-exporting economy towards a net oil importer; managing the transition from a socialist planned economy towards a liberalised social market economy; and enhancing human development through targeted interventions which ensure a more equitable distribution of wealth and equal economic opportunities for wealth creation across all segments of Syrian society. Several companies are meeting these challenges head on and it is World Finance's pleasure to recognise those forwarding the agenda. This year World Finance held the Syria Economic Reform Awards. Congratulations to those who made the grade.
Best Telecoms Company
Syriatel Mobile Telecom
Best Financial Brokerage Firm
Bemo Saudi Fransi Finance
Best Tourism Development Company
The Wahoud Group
Best Construction & Property Development Company
Fouad Takla Co.
Best Gas Industry Contracting Company
Lead Contracting & Trading
Best SME Business Promotion Group
Syrian Enterprise & Business Centre
Best Pharmaceuticals Company
National Company for Pharmaceutical Industry (NCPI)
Best Conventional Private Bank
Bank Syria & Overseas
Best Money Exchange Company
Al Fuad Exchange
Best Oilfield Services Company
The Nasco Group
Best Economic Development Company
Khwanda Group
Best Engineering & Utilities Equipment Supplier
Hamscho International Group
Best Plastic Industrial Products Manufacturer
Al-Matin Group
Best Shipping Company
Al-Sham Shipping
Major Foreign Investor
Shell Syria Petroleum Development BV
Best Private Airline
Cham Wings Airline
Best Food Processing Company
National Sugar Company
Best Freight Services Provider
Shamout Group of Companies
Best Importer of Construction & Building Materials
Zein Brothers
Best Container Terminal Manager
Tartous International Container Terminal
Best Luxury Hotel Property
The Four Seasons, Damascus
Best Conventional Private Insurance Company
Syrian-Kuwaiti Insurance Company
Award for Pioneering Key Economic Projects in Support of Syria
MAS Economic Group
Visionary leadership and contribution to the Syrian economy
Mr Haytham Joud, Souria Holding
Lifetime Achievement Award for Promoting Syrian Commerce
Ratab Shallah