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The Syria Report

Country: Syria

The leading provider of economic and business news on Syria.

Saturday 07 October 2006 Search : Advanced search Home EconomyFinanceBusinessAgriculture WaterTradeTelecom ITOil, Gas MiningIndustryBusiness LawReal EstateTourismTransportInfrastructureB2BTendersAviationBuilding materialsCementChemicalsConsultancyElectricityEngineeringFood BeveragesHospitalityIndustrial suppliesOil GasPortsRailwaysRoadsSugarTelecommunicationsTextileTobaccoVariousWater managementEventsSocietyHealthEducationSocial issuesFeaturesAbout usAbout usOur subscribersEn FrancaisYour feedbackContact usAdvertisingBookstoreSubscribeRegisterLeading storiesInsurance sector continues to growAtotal of seven insurance companies will be operating in xml:namespace prefix st1 ns urn:schemas-microsoft-com:office:smarttags /st1:country-regionst1:placeSyria/st1:place/st1:country-region before the end of the year, Abdel-Latif Abboud the head of the Insurance Supervision Commission tells The Syria Report.xml:namespace prefix o /o:p/o:po:p/o:pReadSyria banks on development of industrial citiesSyria and st1:country-regionst1:placeIran/st1:place/st1:country-region have signed a memorandum of understanding to build a new industrial city dedicated to Iranian investments in the city of st1:Cityst1:placeHessia/st1:place/st1:City 47 km south of st1:Cityst1:placeHoms/st1:place/st1:City.o:p/o:pReadPresident issues new Basic Finance LawThe Syrian President has issued a decree approving the new Basic Finance Law of the st1:placest1:PlaceNameSyrian/st1:PlaceName st1:PlaceTypeState/st1:PlaceType/st1:place.ReadEconomy, Finance and BusinessFinance: New decree brings down income tax ratesThe Syrian President has passed a number of decrees bringing changes to taxation on income and real estate.o:p/o:pReadFinance brief: Damascus Stock Exchange formally establishedThe Syrian President Bashar al-Assad issued a decree establishing formally the Damascus Stock Exchange.o:p/o:p ReadEconomy: Report provides first figures on housemaidsHousemaids are on the rise in Syria and so are their remittances.ReadEconomy: Syrian President grants new one-time bonus to civil servantsThe Syrian President has issued a decree granting a one-time bonus to civil servants. ReadEconomy: New university departments to respond to market demandThe Higher Education Council has approved the opening of new departments at Syrian state universities and faculties starting from 2006.o:p/o:pReadOil amp; Gas: OFID offers loan for AGPThe OPEC Fund for International Development (OFID) has granted st1:country-regionst1:placeSyria/st1:place/st1:country-region a loan to part-finance the stretch of the Arab Gas Pipeline that is going through its territory.ReadInfrastructure: Iberdrola to build 100 MW wind power plantIberdrola is in discussion with the Ministry of Electricity to build a 100-MW wind power plant.o:p/o:p ReadAgriculture: Citrus production to reach record levelsSyria?s production of citrus fruits is expected to reach a record level of 900000 tonnes this year according to the Ministry of Agricultur

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