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	<title>Syrian Oil and Gaz News &#187; Related Economic News</title>
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	<link>http://www.syria-oil.com/en1</link>
	<description>Syrian oil website</description>
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		<title>Syrians and Turks Investors get a license to establish an investment project for production of diesel and gasoline in Raqqa</title>
		<link>http://www.syria-oil.com/en1/?p=2448</link>
		<comments>http://www.syria-oil.com/en1/?p=2448#comments</comments>
		<pubDate>Tue, 15 May 2012 18:53:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Related Economic News]]></category>

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		<description><![CDATA[some websites quoted a group of investors that Syrians and the Turkish investors have obtained the approval of the Syrian Investment Agency, to establish a project in the province of Raqqa specialized in production of petroleum products from raw materials and the production of flexible and asphalt roads. &#160; &#160; &#160; According to the text [...]]]></description>
			<content:encoded><![CDATA[<p><img align="right" alt="" height="100" src="http://syria-news.com/pic/economic/fuel_0.jpg" width="125" />some websites quoted a group of investors that Syrians and the Turkish investors have obtained the approval of the Syrian Investment Agency, to establish a project in the province of Raqqa specialized in production of petroleum products from raw materials and the production of flexible and asphalt roads.</p>
<p>
	&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><span id="more-2448"></span></p>
<p>	According to the text of the resolution the names of the founders were: Denise Torkan and Mohammad Faeq Hamidi (from Turkish citizenship) and Juha bin Mohammed Radwan, Mohamed Sobhi, and Muhammad Adnan Mirza They are Syrians.</p>
<p>	The resolution obtained by the economic site that the project will produce:</p>
<p>	58,376 tons of diesel</p>
<p>	1459 tons of petrol</p>
<p>	35,318 tons of bitumen</p>
<p>	35,551 tons of mineral oil</p>
<p>	15,236 tons of paraffin<br />
	&nbsp;</p>
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		<title>The establishment of three gas  stations supply in conjunction with the intention to open the door of Import Car working on gas</title>
		<link>http://www.syria-oil.com/en1/?p=1170</link>
		<comments>http://www.syria-oil.com/en1/?p=1170#comments</comments>
		<pubDate>Fri, 07 Jan 2011 13:39:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Related Economic News]]></category>

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		<description><![CDATA[The Ministry of Transport is currently on the establishment of three petrol stations especially provide the gas needed to run the 1000 bus, which the ministry plans to import, which run on gas in addition to opening the door of Import Car working on gas and move as an important part of the policy of [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right;" src="http://www.syria-oil.com/wp-content/uploads/image/6614.jpg" alt="" width="214" height="122" />The Ministry of Transport is currently on the establishment of three petrol stations especially provide the gas needed to run the 1000 bus, which the ministry plans to import, which run on gas in addition to opening the door of Import Car working on gas and move as an important part of the policy of the ministry to the reduction of environmental pollution caused by and transportation.</p>
<p> </p>
<p> </p>
<p><span id="more-1170"></span></p>
<p>In this context, a decree was issued to reduce customs duties on environmentally friendly cars and hybrid electric view of the achieved savings in oil consumption on the one hand and a reduction in greenhouse gas emissions on the other hand.</p>
<p>Where a reduced customs duties on electric vehicles to 20 percent regardless of the capacities and reduction of customs duties on hybrid cars to 30 percent regardless of the capacities and reduce the annual registration fees for electric cars to 3000 Syrian pounds fee and the elimination of environmental protection for hybrid and electric cars</p>
<p>And following up the results of the application of Decree 43 of 2010 on the ground and directing the public authorities when buying new cars to be hybrid and compel companies proxy or importing the establishment of workshops special maintenance in order to address technical issues and repairs expected and treating the waste batteries and the replacement of old cars .</p>
<p>the Ministry of Transport works as well as in cooperation with the ministries concerned to reduce the duties on hybrid cars gradually and confirm the importance of using transport-friendly environment by using solar energy as a companion in the generation of clean electric power because of their availability in nature in large quantities.</p>
<p>The solar electric car one of the modes of transport-friendly environment that is used as a companion of the sun&#8217;s energy to generate clean electricity. ‏</p>
<p>The electric car has become a means approved for transfer in the countries of the world where you will be manufacturers of vehicles abandoned on various roads in the world, which may exceed one million vehicles during the year 2011 and is secured electrical power necessary for the shipment of their savings through the feeding stations similar to gas stations and take the necessary electric power.</p>
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		<title>Vartanian family (and Artanian) &#8211; Family Knamah &#8211; Talal Al-Zain are  of the 12 investors in oil and energy among the top one hundred men of the Syrian Arab Republic for the year 2010 selected by the Syrian Economic Journal</title>
		<link>http://www.syria-oil.com/en1/?p=935</link>
		<comments>http://www.syria-oil.com/en1/?p=935#comments</comments>
		<pubDate>Sat, 07 Aug 2010 18:34:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Related Economic News]]></category>

		<guid isPermaLink="false">http://www.syria-oil.com/en/?p=935</guid>
		<description><![CDATA[Syrian economic journal issued its annual list of the most prominent one hundred men of the Syrian Arab Republic for the year 2010, where the list contained the 12 investors in the oil and energy.     We publish in the context of the following details about each of their projects and their businesses and [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right;" src="http://t2.gstatic.com/images?q=tbn:6iQO_KwxQLgJUM:http://www.syriadays.com/wp-content/uploads/2009/04/2.jpg" alt="" width="123" height="150" />Syrian economic journal issued its annual list of the most prominent one hundred men of the Syrian Arab Republic for the year 2010, where the list contained the 12 investors in the oil and energy.</p>
<p> </p>
<p> </p>
<p><span id="more-935"></span><br />
We publish in the context of the following details about each of their projects and their businesses and commitments in this vital sector. We to publish details of the other investors later on.</p>
<p>Vartanian family (and Artanian(</p>
<p>Vartanian oil services Company, one of the largest companies specializing in this field in Syria, and includes several companies are mainly aimed at securing a full service for the rig and the oil companies from the engineering works (structural and civil) of the lifting, loading and transport (heavy and light) and engineering equipment complete equipment technical and industrial spare parts in addition to protective equipment for personnel, and full catering services for offshore rigs, oil companies and the employment insurance expert at all levels and forms. وهي الوكيل الرسمي لشركة</p>
<p>An official agent of Total Global Oils in the Eastern Region.<br />
Vartanian oil services was Founded in 1984 by brothers Artin, Sorin and people hate Kevork Vartanian house.<br />
Vartanyan company is proud of worked with several international companies for more than one million hours without committing any accident.<br />
Surin Vartanian, CEO of Vartanian and chosen by the Republic of Armenia to be consul emeritus in Deir ez Zor, Hassake and tenderness: said &#8220;working today in the company of hundreds of workers distributors between a worker and an administrative expert, and I consider myself that I was working like the rest of the workers who work with us and we do not have, as I consider personnel company&#8217;s extended family. &#8221;</p>
<p>Knamah: Family</p>
<p>Maamoun ,Mazen and Khaldoun<br />
Of the largest investors in the undertakings of oil in the private sector in Syria and the UAE, Lebanon, and has a family company Knamah Trading &amp; Contracting, Aramaic to provide basic services to the oil and gas sector and Midmac engineering and construction, Memac to create, build and maintenance of the oil industry and Beetmak, which was founded in Lebanon with branches in Syria and the UAE to build and management services for projects, and works for a company Knamah in Syria more than a thousand workers.<br />
Family is also working in the field of agricultural projects, and import and export of metal and plastic pipes.<br />
Knamah family is of the founders of al-Sham Islamic Bank, Inc. Sesame limited liability company<br />
The family own farm Knamah Purebred Arabian horses on behalf of the (farm Knamah).<br />
Mazen was Elected as president of the Chamber of Commerce and Industry Deir ez-Zor, and says: &#8220;Shell is the school in pledges oil, and fear of unfair competition, which does not enable us to take our chance just where, and often lost contracts because of this the fact that some departments take the price of the cheapest in most instances this a problem for us. &#8221;</p>
<p>Talal Al-Zain:</p>
<p>Owns (Nafto Mar), the largest import company, global gas, and operate from Greece and holds the largest fleet of gas tankers in the eastern Mediterranean, where they belong about 40 carriers, and supplies gas to both Syria and Jordan, Iraq, Egypt and Lebanon.<br />
Owned gas east of Lebanon company, a supplier of domestic gas in Lebanon and yield annual profits of over 30 million dollars.</p>
<p>A partner in the Arabian bank in Lebanon, and has a factory for the production of gas cylinders in Lattakia.<br />
He Is of Syrian businessmen who own a private jet, and his daughter Rana Talal Al-Zain shares in the company Syrian Arab Insurance Company, and his daughter Basma contribution to the Arab Bank &#8211; Syria and member of the board of directors.</p>
<p>Syria Oil</p>
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		<title>Nizar Asaad &#8211; Ayman Asfari , Nawar  Sukkar are  among  of 12  oil investors  in the top one hundred men of the Syrian Arab Republic for the year 2010 selected by the Syrian Economic Journal</title>
		<link>http://www.syria-oil.com/en1/?p=925</link>
		<comments>http://www.syria-oil.com/en1/?p=925#comments</comments>
		<pubDate>Sat, 31 Jul 2010 11:01:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Related Economic News]]></category>

		<guid isPermaLink="false">http://www.syria-oil.com/en/?p=925</guid>
		<description><![CDATA[Syrian economic journal issued its annual list of the most prominent one hundred men of the Syrian Arab Republic for the year 2010, where the list contained the 12 investors in the oil and energy.       Syria-oil Publish in the context of the following details about each of their projects and their businesses [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right;" src="http://t2.gstatic.com/images?q=tbn:6iQO_KwxQLgJUM:http://www.syriadays.com/wp-content/uploads/2009/04/2.jpg" alt="" width="131" height="160" />Syrian economic journal issued its annual list of the most prominent one hundred men of the Syrian Arab Republic for the year 2010, where the list contained the 12 investors in the oil and energy.</p>
<p> </p>
<p> </p>
<p> </p>
<p><span id="more-925"></span><br />
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<p>Syria-oil Publish in the context of the following details about each of their projects and their businesses and commitments in this vital sector. That we publish details of the other investors later.</p>
<p> <br />
<img class="alignright" style="float: right;" src="http://www.syria-oil.com/wp-content/uploads/image/1149.jpg" alt="" width="128" height="157" /><span style="color: #0000ff;"><strong>Nizar Asaad</strong></span></p>
<p><span style="color: #0000ff;"><strong></strong></p>
<p></span></p>
<p>Has a set of massive investment in Syria: Lead Trading &amp; Contracting in partnership with Ghassan Muhanna, which is one of the oldest and largest contracting company in construction in Syrian oil sector , and has commitments in major projects in Algeria and Syria, has received an award for World Finance as the best company pledges and gas industry in Syria in 2009.<br />
He is A partner in Asaad and Petnganp &amp; Co. for the production of oil and oil brand al-Khair and al-Reif ghee<br />
He heads the Syrian side in the Syrian-Algerian businessmen, and board member of the National Committee of the Syrian International Chamber of Commerce</p>
<p>Nizar Assaad and his sons Contributed in the last five years in the establishment of several projects including: Cham, Syria Aldtin and United Insurance Company, Inc. Badia Cement, the founders of Bank Audi Syria.</p>
<p>They also involved in various investments, including the company Syrian Arab Insurance Company, Aqeelah Takaful Insurance Company, Dajajuna , and has a farm of pure Arab horses named al-Jamiel farm.</p>
<p> </p>
<p style="text-align: center;"><img src="http://www.syria-oil.com/wp-content/uploads/image/d986d8b2d8a7d8b1-d8a3d8b3d8b9d8af-copy.jpg" alt="" width="312" height="340" /></p>
<p> </p>
<p><img class="alignright" style="float: right;" src="http://www.syria-oil.com/wp-content/uploads/image/2219.jpg" alt="" width="160" height="256" /><strong><span style="color: #0000ff;">Ayman ِ Asferi</span></strong></p>
<p>one of senior Syrian businessmen overseas, he has one of the biggest companies, oil and gas in the world (Petrofac International) headquartered in Britain, which operates in 40 countries worldwide, including Syrian, working in its branches the World more than 12 thousand employees, the head managers Executives in the company and its founder.<br />
Petrofac won contract to execute Factory Ebla gas production and was inaugurated by President Bashar al-Assad in the current year, the largest factory for the production of gas in Syria, and the value of the contract to Petrofac 477 million dollars, the transaction acquires Petrofac 10% in the draft Ebla, which produces 88 million cubic feet of gas per year and 150 tons of liquefied petroleum gas per day.<br />
This is the second project, won by Petrofac in Syria, after winning a contract and reached a value of 454 million U.S. dollars to build a natural gas processing for the benefit of company Hayan Petroleum, a joint venture between the Syrian Oil Company and INA Corporation<br />
The plant (Jehar) , which built by the company to produce 4 million cubic meters per day.<br />
Asferi won earlier this year the title of the largest contractors in Britain, according to a survey conducted by the Sunday Telegraph with a net worth estimated to be 640 million dollars.<br />
He is classified according to Forbes magazine ranked 211 among the world&#8217;s richest men, as classified by Arabian Business Magazine in the year 100 of the most powerful figure on the Arab world<br />
Asferi said in a press statement: &#8220;I&#8217;m not with the frequency in the openness of the Syrian economy, and take it to the Syrian economy must improve its investment climate to attract and attract more Arab and foreign investments to Syria.&#8221;</p>
<p> </p>
<p style="text-align: center;"><img src="http://www.syria-oil.com/wp-content/uploads/image/d8a3d98ad985d986-d8a7d984d8a3d8b5d981d8b1d98a-copy.jpg" alt="" width="448" height="271" /></p>
<p> </p>
<p><img class="alignright" style="float: right;" src="http://www.syria-oil.com/wp-content/uploads/image/3314.jpg" alt="" width="150" height="180" /><span style="color: #0000ff;"><strong>Nawar Sukkar</strong></span></p>
<p>is Chairman of the Board of Directors of NASCO with its partners and Karim Amer Tayyan foul and Tarif Kuzbari, which includes the company for Oilfield Services Company (Nawar Sukkar &amp; Associates) and Agricultural Services Corporation (Syrian Company for Agricultural Services<br />
It as well as include Allied exhibitions that organized more vulnerable at the level of the Arab region (Sir Oil) and (Sir Otto) in the area of competence, the founder of the Syrian Company for Medical Services Limited Liability.<br />
He is The Honorary Consul of the Republic of Lithuania and the President of the Syrian side of the Syrian Business Council of Lithuania, and member of the Board of Directors of the Arab Union for Exhibitions and conferences.<br />
Sukkar said &#8220;SyrOil 2010, specifically in light of the beginning of the end of the crisis global financial and economic driven many Arab and international companies to explore investment opportunities offered by the energy sector in Syria, the return of those companies to invest in the real economy and not the economy based on speculation.&#8221;</p>
<p>Syria Oil</p>
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		<title>two Syrians Expatriates establish new oil services company</title>
		<link>http://www.syria-oil.com/en1/?p=917</link>
		<comments>http://www.syria-oil.com/en1/?p=917#comments</comments>
		<pubDate>Fri, 23 Jul 2010 13:33:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Related Economic News]]></category>

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		<description><![CDATA[Ministry of Economy and Trade Ratified the Statute of the company Emdad-L.L.S limited liability, in an effort to provide all services to the oil companies, equipment and implementation of construction works related services companies operating in the fields of oil with a initial capital of a million Syrian pounds and is based in Damascus for [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right;" src="http://aljazeera.net/mritems/images/2010/5/13/1_990867_1_34.jpg" alt="" width="190" height="110" />Ministry of Economy and Trade Ratified the Statute of the company Emdad-L.L.S limited liability, in an effort to provide all services to the oil companies, equipment and implementation of construction works related services companies operating in the fields of oil with a initial capital of a million Syrian pounds and is based in Damascus for  25-years.</p>
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<p><span id="more-917"></span></p>
<p>the company was Founded, according to details obtained by the Journal of Economic, by two expatriates brothers: Jamal Kamal Bisher (British citizen) and Kamel Kamal Bisher (Canadian citizenship).</p>
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		<title>Energy use in the context of sustainable development and rationalization of consumption .. Improve the efficiency of production and use renewable energy sources and the dissemination of technology</title>
		<link>http://www.syria-oil.com/en1/?p=913</link>
		<comments>http://www.syria-oil.com/en1/?p=913#comments</comments>
		<pubDate>Wed, 21 Jul 2010 10:39:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Related Economic News]]></category>

		<guid isPermaLink="false">http://www.syria-oil.com/en/?p=913</guid>
		<description><![CDATA[&#8220;alternative and renewable energy &#8221; forum that was organized by the Centre for European Business Training and Development with the participation of Arab and foreign experts focused on several key areas relating to the use of energy within the framework of sustainable development and focus on improving production efficiency and energy use and conservation and [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right;" src="http://www.sana.sy/servers/gallery/20100720-175556_h299364.jpg" alt="" width="204" height="125" />&#8220;alternative and renewable energy &#8221; forum that was organized by the Centre for European Business Training and Development with the participation of Arab and foreign experts focused on several key areas relating to the use of energy within the framework of sustainable development and focus on improving production efficiency and energy use and conservation and the use of renewable energy sources and the dissemination of technology, energy and transport.</p>
<p> </p>
<p> </p>
<p><span id="more-913"></span></p>
<p>Forum also discussed the historical evolution of energy production and use of alternative energy sources and renewable technologies and how to deploy Arab and international experiences in the field of renewable energies, energy and transport.</p>
<p>Shams al-Sayed from the Directorate of Administration and Management at the European Business said that The aim of this conference is to increase awareness and action to find alternative means to reduce the use of oil, which causes great damage to the environment and humans because of the pollution that his successor, noting the importance of starting the actual use of alternative energies, clean and renewable energy.<br />
Finally, Dr. Haitham Shaheen from Tishreen University indicated that the theme of renewable energies is urgent at the moment the face of rising oil prices and pollution resulting from the use of fossil fuels such as oil and coal, all kinds of traditional energies, and the need for new sources of alternative energy and renewable such as solar, wind, and waterfalls are abundantly available in the Arab countries including Syria as one of the countries most blessed with alternative energies.</p>
<p>He pointed out that the use of alternative energies will require secure infrastructure and the development of solar cells as part of a companion to help in the development process, pointing out that despite the financial cost to begin using alternative, renewable energies but they make two economic resource conservation ..</p>
<p>a clean environment, is an important part of the process of sustainable development and the government pays great attention to this issue through cooperation between the Ministry of Electricity and research centers to develop new structures and mechanisms to take advantage of solar energy in first class.</p>
<p>the forum, which lasts three days with participation of about forty participants representing the sectors of oil, transport, electricity, environment, construction, education, business, investment, banking and industry in both the public and private sectors from different governorates.</p>
<p>The importance of Congress in light of developments and events that took place during the past two decades and create a general awareness that the era of cheap energy is over and that economies must adapt to high oil prices and the fact that traditional fuels are limited in nature and this led to highlight the importance of finding sources of new capacity to meet demand Given the increase is caused by the fuel used to harm the environment of increased acid rain and urban air pollution, climate change and undermine development throughout the land.</p>
<p>Syria-oil</p>
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		<title>Economic topped the list of 100 prominent Syrian businessmen 2010 &#8230; ../12 /oil and energy  investors  among the top one hundred men of the Syrian Arab Republic</title>
		<link>http://www.syria-oil.com/en1/?p=893</link>
		<comments>http://www.syria-oil.com/en1/?p=893#comments</comments>
		<pubDate>Tue, 13 Jul 2010 06:02:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Related Economic News]]></category>

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		<description><![CDATA[Syrian economic journal issued its annual list of the most prominent Syrian businessmen in 2010 named them by ‘the100 VIPs of Syrian business sector list “. The list issued in the new issue of the magazine included 12 investor in the oil and energy.       industrialists ranked first in the list of economic [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right;" src="http://t2.gstatic.com/images?q=tbn:6iQO_KwxQLgJUM:http://www.syriadays.com/wp-content/uploads/2009/04/2.jpg" alt="" width="123" height="150" />Syrian economic journal issued its annual list of the most prominent Syrian businessmen in 2010 named them by ‘the100 VIPs of Syrian business sector list “. The list issued in the new issue of the magazine included 12 investor in the oil and energy.</p>
<p> </p>
<p> </p>
<p><span id="more-893"></span> </p>
<p>industrialists ranked first in the list of economic leading a hundred men of the Syrian Arab Republic for this year followed by traders and investors, tourism and investors in the oil and energy, while his car dealerships fifth place after ranked third on the list last year, in a statement to reporters, said the executive editor of the Journal of Economic Mahmoud Hammoud: &#8220;Notes the progress of tourism investment and investment in oil and energy and the rise of real estate investments.&#8221;</p>
<p> </p>
<p>The list included a breakdown of the largest operators of workers in Syria and the largest exporters and owners of the largest number of Syrian companies in addition to data and figures and information published for the first time.</p>
<p> <br />
businessmen residing in Damascus this year&#8217;s are at the top of the list of 46 names followed by Aleppo by 16 businessmen and Homs eight and Tartous and Lattakia, with reference to the list based on place of residence of a businessman and not place of birth as indicated Magazine economic in the introduction to the methodology that goes by.</p>
<p> </p>
<p> </p>
<p>Prominent among new names that appeared in the list this year, Imad Hmicho, which established a second car plant in Syria and family Alsokhni, which owns factories in Syria, Italy, Khaled Samaoi , who is the largest investor in the art at the level of Arab and family Shammout, which owns an airline, in Syria.</p>
<p> </p>
<p>The list included this year on the 12 names of Syrian expatriates living abroad and who have entered their investments to Syria, as well as 88 businessmen residing in Syria, and most important new faces that have entered the list for this year from overseas Walid Zoubi and Abdel-Rahma al-Maarouf , and al-Murtada Aldandashi.</p>
<p> </p>
<p>At the top of the file containing the list verified by the economic team that work on the preparation of this list over a year retracing the digital indicators that can qualify this character or that to be on the list of (economic 100).<br />
<strong><em>We will publish details about the 12-investor in the oil and energy later</em></strong><br />
<strong><em>Syria Oil</em></strong></p>
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		<title>SIA  Signs  Memo with GFH to develop Economic Zone Energy Project and Phosphate Exploration</title>
		<link>http://www.syria-oil.com/en1/?p=712</link>
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		<pubDate>Wed, 17 Mar 2010 09:39:00 +0000</pubDate>
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				<category><![CDATA[Related Economic News]]></category>

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		<description><![CDATA[Syrian Investment Authority (SIA) signed, on behalf of the under construction Syrian Finance House (SFH), a memorandum of understanding with Gulf Finance House (GFH), as to develop an economic region and projects related to energy and phosphate exploration in Syria. Syria&#8217;s SIA&#8217;s Chairman, Dr. Ahmad Abdulaziz stated in a press conference that the memorandum aims [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right;" src="http://www.sana.sy/servers/gallery/20100316-171649_h278321.jpg" alt="" width="190" height="111" />Syrian Investment Authority (SIA) signed, on behalf of the under construction Syrian Finance House (SFH), a memorandum of understanding with Gulf Finance House (GFH), as to develop an economic region and projects related to energy and phosphate exploration in Syria.</p>
<p><span id="more-712"></span></p>
<p>Syria&#8217;s SIA&#8217;s Chairman, Dr. Ahmad Abdulaziz stated in a press conference that the memorandum aims at benefiting from the promising investment opportunities in the interest of the Syrian economy.</p>
<p> </p>
<p>GFH&#8217;s Administration Council Chairman, Issam Janahi, asserted the importance of making use of the &#8221;huge growth witnessed by private banks in Syria during the last five years as far as projects finance, and infrastructure development in Syria&#8217;, highly lauding the &#8216;positive results&#8217; of Syria&#8217;s economic reform program.</p>
<p> </p>
<p>The under-construction Syrian Finance House capital stands at 333 million USD; of which 30 percent is to be for subscriptions, after obtaining final authorization. 10 percent of the capital would be financed by local partners, and the Gulf Finance House is to finance the remaining percent.</p>
<p> </p>
<p><strong><em>Syria-oil</em></strong></p>
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		<title>Cham Wings Airlines is considering expanding its fleet by operating  jet for businessmen</title>
		<link>http://www.syria-oil.com/en1/?p=544</link>
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		<pubDate>Wed, 16 Sep 2009 09:27:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Related Economic News]]></category>

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		<description><![CDATA[Cham Wings Airlines Announced that it is considering expanding its fleet to new passenger aircraft and private jet capacity of 12 passengers custom business equipped with the latest equipment required by the nature of the business.   Eng. Essam Shammout Chairman of the Board said during the meeting of tourism and airlines offices in Syria [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right;" src="http://www.syria-oil.com/wp-content/uploads/image/ajnha-sham.jpg" alt="" width="242" height="107" />Cham Wings Airlines Announced that it is considering expanding its fleet to new passenger aircraft and private jet capacity of 12 passengers custom business equipped with the latest equipment required by the nature of the business.</p>
<p> </p>
<p><span id="more-544"></span><br />
Eng. Essam Shammout Chairman of the Board said during the meeting of tourism and airlines offices in Syria that the company to expand its lines comes in the context of strengthening its presence as a carrier and a special national support to attend Syrian Arab Airlines with its increased competition in air transport market and the existence of more than 40 Arab and international operate in Syria in addition to meeting the desire of businessmen to provide a special service commensurate with their work and their movements.</p>
<p> <br />
Chamout pointed out that the company process of setting up aircraft maintenance center at Damascus International Airport in addition to its recently opened a training course for 30 and adding a host of national cadre.</p>
<p> <br />
He indicated to the Ministry of Transport towards the liberalization of airspace, which allows competition for companies to provide better services for their special and that Syria is entering a partnership with the European Union and this carries with it a commitment to the Convention on air transport liberalization and thus gain access to airspace and editing step as soon as the instructions for this editorial can be accessed The optimal operating, both internally and externally.</p>
<p> <br />
It is noteworthy that Cham Wings Airlines began its first national airline Syria, especially since nearly a year and conducted trips to Baghdad and Sharm el-Sheikh, Istanbul and Antalya and Jeddah.</p>
<p> <br />
<strong><em>Syria Oil</em></strong></p>
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		<title>Calidris 28 S.A. Luxemburg and Magellan Century Group Establish joint venture in Syria to launch Lifestyle products in the Arab region</title>
		<link>http://www.syria-oil.com/en1/?p=312</link>
		<comments>http://www.syria-oil.com/en1/?p=312#comments</comments>
		<pubDate>Sun, 01 Mar 2009 17:56:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Related Economic News]]></category>

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		<description><![CDATA[On the occasion of a press conference in Damascus today, Calidris 28 S.A. Holding of Luxemburg and Magellan Century Group announced the establishment of Calidris 28 Arabia headquartered in Damascus.   Syria offers the best conditions for foreign companies and investors in terms of location and is the ideal starting point for Calidris 28 Arabia [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right;" src="http://www.worldbizbank.com/modules/News/images/magellan.bmp" alt="" width="151" height="114" />On the occasion of a press conference in Damascus today, Calidris 28 S.A. Holding of Luxemburg and Magellan Century Group announced the establishment of Calidris 28 Arabia headquartered in Damascus.</p>
<p> </p>
<p><span id="more-312"></span>Syria offers the best conditions for foreign companies and investors in terms of location and is the ideal starting point for Calidris 28 Arabia to supply the Arab market with innovative and trendy lifestyle products.</p>
<p> </p>
<p>The launch of this product is marked by Black Can 28 and White Can 28, two high-quality energy drink products „made in Germany“achieving their stimulatory effect on a natural basis. Açaí berries harvested in the Amazon region and caffeine are considered the main energy sources for Black Can 28 and the sugar-free variation White Can 28. No taurine, artificial flavours, colorants and no preservatives were used for the production. The elegant, extremely puristic product design perfectly complements the high-quality content, making Black and White Can 28 the premium brand in the „pure energy segment“of caffeine-containing soft drinks.</p>
<p> </p>
<p> </p>
<p>By the middle of the year, Black and White Can 28 will be launched in 19 other Arab countries aside from Syria. The launch on the market is accompanied by a powerful marketing campaign as well as a major series of events in all the countries.</p>
<p> </p>
<p> </p>
<p>Dr. Asaad Farag, Executive Director of Magellan Century Group and Managing Director of Calidris Arabia 28 is enthusiastic about the collaboration: „the products of Calidris 28 AG are innovative, convey a high degree of lifestyle and superior quality. In this respect, they are perfectly suited for the booming Arab countries. To be as successful as possible on the markets of the Middle East, we will provide our partners with the highest degree of support in the fields of continuing sales education and training, event organising and media planning.“</p>
<p> </p>
<p>For Karsten Böhrs, CEO of Calidris 28 S.A., “the joint venture represents the perfect symbiosis between lifestyle products, „made in Germany“and superior consulting expertise in the Arab League. The Magellan Century Group with its extensive experience is the perfect partner for us to be successful on the local market. “</p>
<p> </p>
<p> </p>
<p>All marketing activities are managed, coordinated and conducted from the corporate headquarters in Damascus. Calidris 28 Arabia joins a multitude of European companies who have already pitched their tent in Syria due to the new laws governing the promotion of the establishment of foreign companies.</p>
<p><em>worldbizbank</em></p>
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