UAE Company is preparing to implement the project "Five Shams" in the countryside of Damascus
UAE Company is preparing to implement the project "Five Shams" in the countryside of Damascus
AL-BASHEK
Majid Al Futtaim Company announced that it has recently obtained approvals for the start of the implementation of some of the necessary infrastructure facilities for the development of the "Five Shams" project in Al Sabboura area, west of Damascus.
The company will then be able, at its own expense and subject to obtaining the required approvals, to complete the infrastructure works related to the planting, coordination and landscaping of the project interface on the two sides of the Damascus-Beirut International Highway, in addition to the road linking of the project with the motorway
Majid Al Futtaim said that with the launch of infrastructure works, the company hopes to contribute to the positive atmosphere prevailing in overcoming the difficulties that continue to impede the import of materials necessary to develop the project in accordance with international standards, and prevent the transfer of funds to establish and manage projects the size of the project "five Shamat "
The project is located in the area of Yaafour / Sabboura on the Damascus-Beirut highway, 17 km west of Damascus and is easily accessible from the city center in just 20 minutes.
The project will occupy an area of 1 million square meters, the largest shopping and entertainment center in Syria, and will include a group of hotels, a public square, parks, restaurants, commercial offices and tourist apartmentsThe cost of the project was estimated at US $ 1 billion
Russia is considering expanding Damascus airport to receive 15 million passengers
Russia is considering expanding Damascus airport to receive 15 million passengers
Rebuild Syria
Russian State Duma deputy Dmitry Belek spoke of a Russian plan to expand Damascus International Airport to receive 15 million passengers Belek said that Russian investors in the field of airport construction announced their readiness to build stations and rehabilitation of infrastructure at Damascus airport, noting that negotiations with the Syrian side started in this area
The airport is scheduled to accommodate more than 15 million passengers, while currently receiving five million passengers, according to Transport Minister Ali Hammoud, during a meeting with a Russian delegation, last Monday
MP Dimitri Pelik said that the flights from Damascus International Airport to the Crimea, which was annexed by Russia to its territory, will be launched soon, and discussed by the Russian delegation with the Minister of Transport Ali Hammoud, noting that all the conditions required for that "available
The Russian delegation, which visited Damascus on Monday, proposed to the Syrian government to repair the Damascus International Airport
A land transport company and a center for Syrian exports in the UAE within weeks
A land transport company and a center for Syrian exports in the UAE within weeks
Rebuild Syria
The head of the Exporters Union Mohammad Al-Sawah said that within a few weeks the center of exports, warehousing warehouses and shipping companies will be in the UAE
He pointed out that the members of the union who are part of the delegation of Syrian businessmen in the UAE started yesterday a series of meetings to implement the plan, which he put, noting that the delegation is still in the UAE to follow up the establishment of the center of exports
He also attended the meeting of the Syrian-UAE Private Sector Forum which was held today in Abu Dhabi. The UAE side welcomed the proposal made by the President of the Syrian Exporters Union, Mohammed Al-Sawah, for the establishment of a transport company and a center for Syrian exports in the UAE.Al-Sawah stressed that the transport company will be of great size and this means that it will operate in a regional way in the import and export to and from and through the two countries, while the Syrian exports in the UAE will strengthen the presence of Syrian products in the UAE markets, which will also allow them to be transferred to the markets of other countries. Starting from Dubai or Abu Dhabi
The President of the Exporters' Union considered that the visit of the economic delegation to Abu Dhabi is part of the movement that Syria is doing to meet the economic relations with other countries in a deliberate manner and in order to achieve added value to the Syrian economy, which started to emerge from the war and on the path to recovery
The establishment of a Syrian export center in Dubai, which includes huge warehouses linked to a high-level maritime transport company between Syrian exporters and UAE businessmen, will help the growth of the Syrian exports through the transport network to the Gulf countries and the migration of goods to East Asia
The UAE is exploring investment opportunities in Syria
The UAE is exploring investment opportunities in Syria
Rebuild Syria
With the participation of a delegation of Syrian businessmen from various economic and commercial sectors, the Syrian-UAE Private Sector Forum was held in Abu Dhabi
The participants discussed a number of topics including industry, trade exchange, exports, exhibitions, agriculture, real estate, urban development, tourism and alternative energy
The Chairman of the Federation of UAE Chambers of Commerce and Industry, Chairman of the Board of Directors of Abu Dhabi Chamber of Commerce and Industry, Mohammad Thani Al-Rumaithi, said that the forum comes within the framework of developing the positive relationship between the private sectors in Syria and the UAE to establish joint investments
For his part, the head of the delegation of Syrian businessmen, Secretary General of the Federation of Syrian Chambers of Commerce, Mohammed Hamsho, stressed the importance of such meetings to re-activate and open new horizons for cooperation in the field of investment and trade and creating partnerships that contribute to economic development, pointing out that Syria after its recovery from terrorism provides a stable investment environment For his part, President of Damascus Chamber of Industry and Rural Samer Aldbs that the forum for the beginning of greater cooperation and the creation of investment opportunities benefiting the two sides, calling on the Emirati businessmen to invest in the industrial sector through joint stock companies to establish large projects "such as cement and rapid construction and iron and petrochemical plants and oil services" The head of Damascus Rural Chamber of Commerce Waseem Al-Qattan referred to the facilities provided for tourism investments and the measures taken to expand the base of incentives, in addition to the diversity of tourist places in Syria and work to stimulate the tourism sector through an integrated strategy on the axis of real estate and urban development, the Executive Director of Al-Sham Holding Company Nasouh Nabulsi spoke about the real estate development areas in addition to reviewing the modern building models that will be adopted to implement these areas
In a press statement, the President of the Federation of UAE Chambers of Commerce and Industry thanked the Syrian delegation for the invitation and hoped that the forum would be a step towards further prosperity for the private sector in both countries.and said:"Our goal is to develop the relationship between the two sectors after we know the investment opportunities and we hope to be soon in Syria"
Mohammed Hilal Al Muhairi, Director General of the Abu Dhabi Chamber of Commerce and Industry considered the meeting as the beginning of meetings to identify investment opportunities in many sectors in Syria, pointing out that these opportunities will be studied and research with the Syrian side to reach projects of interest to businessmen in both countries.
The first integrated residential project in Syria - Park Residence
The first integrated residential project in Syria - Park Residence
The Syrian Kuwaiti Holding Company announced the signing of the first phase building contract in Damascus on Thursday 17 January 2019, in the presence of the Chairman of the Board Mr. Mahmoud Al Nouri,The contract was signed for eight buildings consisting of two basement and eight floors. It is worth mentioning that the excavation of the first phase of the project has been completed. The drilling completed 90,000 cubic meters with a record period of only two months. The booking and sale process started on 08/10/2018, Customers have expressed confidence in the Park Residence project, which is being developed by the Syrian-Kuwaiti company
The project is based on the highest standards of quality in the project within a contemporary and unique architectural framework. The natural stone will be used in construction and other architectural elements that reflect the development and modernity such as iron and wood, in addition to the best types of interior and parquet ceramics
The project offers a unique opportunity to invest, as the first integrated residential project of its kind in Syria, with a wide range of apartments and various facilities to pay at a reasonable price in the region of Yafour, one of the most economically viable areas in the near future.
570 Arab and international requests from the largest companies to contribute to the reconstruction of Syria.
570 Arab and international requests from the largest companies to contribute to the reconstruction of Syria
Some 570 Arab, international and Asian companies have taken part in the reconstruction of Syria, one of the largest construction, transport and technology companies, the construction of bridges, the construction of bridges, the reconstruction of cities and villages, electricity plants and the infrastructure of countries in the world.
Syria is coming on the most important phase investment will not have an instance in the world.
Syria is coming on the most important phase investment will not have an instance in the world
Al-Bashek
Syrian Prime Minister Emad Khamis said during a meeting to follow up on the national framework for regional planning that Syria is on the most important stage of investment, which will have no parallel in the world, especially attracting capital, pointing out that our country will be the most important investment destination for the coming years.
"He added that most countries have a direct and indirect interest in entering and investing in Syria. Therefore, we must be prepared to do so at all levels, calling on all ministries and sectors to mobilize and strengthen the ranks. Carr and her intersection is something we will not give up.
Khamis pointed out the importance of identifying the need for each sector of projects, collecting data from the ministries and identifying their needs and geographical distribution. In parallel, a comprehensive long-term plan should be drawn up at the national level and the future need of the country in all projects should be defined according to the population growth in any region of Syria.
The Commission has a map identifying the need, from housing to large projects.Stressing that we are in front of an important stage in building Syria, requires a qualitative leader and quality cadres and work qualitatively to achieve the required for the next stage.
Moscow calls for the start immediate in the reconstruction process Syria.
Moscow calls for the start immediate in the reconstruction process Syria
Russia called yesterday for the immediate start of the reconstruction of Syria, according to Deputy Foreign Minister Sergei Ryabkov.
As for the reconstruction of Syria, Ryabkov said it must be started immediately and that Russia is making efforts in the liberated areas of terrorists.
Syrian and Iraqi talks in Baghdad to develop relations of economic and trade cooperation
Syrian and Iraqi talks in Baghdad to develop relations of economic and trade cooperation
Al-Bashek
Iraqi Trade Minister Mohammed Hashim Al-Ani discussed with Syrian Ambassador in Baghdad Sattam Jadaan Al-Dandh the prospects for enhancing and developing mechanisms of economic and trade cooperation between the two countries
During the meeting, al-Ani described the two countries' relations as "historical, eternal and developed, especially on the social and geographical levels that bind the two brotherly peoples." He pointed out that the volume of trade exchange reached an advanced level estimated at four billion dollars in previous years
He stressed the Iraqi minister to strive to advance relations, trade exchange between the two countries, and return them to normal level
He said that "we need economic integration to compete with other industries in countries began to dominate the markets and became a huge potential, which requires the activation of the law to protect the national product," pointing to the start of his country to take decisions and steps aimed at supporting Iraqi national industries,
The Iraqi-Syrian Joint Cooperation Committee will resume its activities in the light of the agreement on economic cooperation and trade exchange signed between the two countries, which emerged from the joint committee, which held meetings in Baghdad and Damascus, during which the signing of minutes of agreements and the formation of a joint Syrian-Iraqi Business Council and support the development of relations in the commercial field and the opening of an exhibition of ready-made clothes at Baghdad International FairIn turn,
Ambassador Al-Dandah expressed Syria's desire to enhance trade relations between the two countries through opening border ports and increasing the volume of trade exchange and solving all the outstanding issues created by the circumstances surrounding the region due to terrorism as well as the possibility of establishing trade exchanges between the two countries to transport goods and foodstuffs Iraq
