Latest News : President al-Assad issues decree exempting debtors to Syrian Telecom from fees upon settling debtsLavrov: Russia moves ahead with resolving crisis in Syria and supporting Syrian talks in GenevaArmy thwarts terrorist infiltration attempt in Hama provinceTerrorists target al-Baramkeh area in Damascus with rocket shellsThe sixth batch of militants and some of their families start to leave al-Waer neighborhoodChina’s Special Envoy to Syria: Political settlement is only way for solving crisis in SyriaPresident al-Assad receives congratulation cable from Guterres on occasion of Independence Day President al-Assad: Leaderships of Al-Baath Party must encourage spirit of initiative in Party membersPresidential decree canceling law no.33 on establishing General Women’s UnionPremier Khamis stresses engineers’ key role in the process of rebuilding SyriaTourjman: We seek to reach a productive and credible national mediaArmy restores security and stability to a number of towns and villages in Hama countryside Army expands control in northern countryside of Hama, targets terrorists in other areasPresident al-Assad receives congratulatory cables from presidents of China, Belarus and Cameroon on occasion of Independence Day Israeli warplanes target military position in Khan Arnabeh in Quneitra, causing material damage
The Higher Council for Investment approves establishing joint national real estate company with a capital of SYP 50 billion
2017-02-11 19:37:15

Damascus, The Higher Council for Investment, during a session chaired by Prime Minister Imad Khamis on Saturday, approved establishing a joint national real estate company between the General Establishment for Housing, public banks, and Zubeidi & Qalai Company, with a total capital of SYP 50 billion.

Part of the company’s stocks will be put up for public subscription in order to support urban development in Syria, as the company would contribute effectively to meeting the real estate market’s needs and participate actively in reconstruction in accordance with the modern housing and real estate standards and principles, thereby providing housing and job opportunities and revitalizing the economy.

The Council also approved expanding investments in free zones, as it approved the request of a private company to establish a plant for cooking gas cylinders in one of the free zones.

Premier Khamis instructed the Ministry of Economy and Foreign Trade to expand the list of import licenses in a manner that would contribute to increasing production and preventing monopoly.


 

Home News Business From the Media Videos اللغة العربية