Syrian Businessmen Visit Iran to Promote Economic Relations

Tehran-Iranian Minister of Industry, Mines and Trade Reza Rahmani underlined the need to strengthen and expand trade relations between Syria and Iran.

During his reception to a delegation representing Syrian businessmen chaired by Abdel Nasser Fattouh, vice president of the Federation of Syrian Chambers of Commerce, in the presence of Dr. Adnan Mahmoud, the Syrian ambassador to Tehran, Rahmani pointed out that the strengthening of trade and economic relations between the two countries enjoys the support of Iranian officials.

Syrian Air announces return of flights from Abu Dhabi to Lattakia and vice versa

Lattakia- The Syrian Arab Airlines announced the return of flights from Abu Dhabi to Lattakia and vice versa on Tuesday, March 26th.

Head of the Lattakia branch, Eng. Fadi Khair Beik,  told SANA that these trips will continue every Tuesday to cover the huge demand for travel from the UAE to Syria, especially in light of the presence of a large Syrian community in the UAE.

Syrian-Iranian Talks to Enhance Industrial and Commercial Cooperation

Tehran- A delegation of Syrian businessmen discussed on Monday with Iran's Cooperation Chamber and Iranian economists ways to develop and enhance cooperation between the two sides in the industrial and commercial fields.

The two sides also discussed ways of finding mechanisms to remove obstacles to investors from both sides in addition to indetifying the capabilities and potentials of Iranian companies to the Syrian investor.

During a meeting with businessmen from both sides, member of the Presidency of the Iranian Cooperation Chambr, Maashaullah Azimi confirmed the depth of the Syrian-Iranian relations over four decades. Mr. Azimi declared the readiness of the cooperation sector in Iran to contribute to the reconstruction of the infrastructure in Syria.

Exporters Federation, Al Baraka Bank of Syria Sign Cooperation Agreement

Damascus - The Exporters Federation and Al Baraka Bank Syria signed on Monday a cooperation agreement aimed at providing banking services to exporters.

The agreement will contribute to the expansion of the joint business and enable the local product that to be competitive internationally in quality and price to reach the Arab and international markets," said Mohammed Abdullah Halabi, the Executive President of Al Baraka Bank.

For his part, head of the Exporters Federation, Mohamed al -Sawah,  said that the agreement is considered a core for creating an export finance bank because the exporter is in dire need of several capital, including cash liquefaction on the offer to provide liquidity for processes of cooperation.

He called on the rest of the banks to follow the example of Al Baraka Bank to establish an export finance section within each bank, noting that the agreement with Al Baraka Bank will have positive repercussions on the work and activity of exporters.

Sh. Kh.


Hessia Industrial City a Pillar of Industry and a Main Supplier of National Economy

HOMS- Vital facilities in Hessia industrial city constitute the spine of the industrial factor of the country with the number of investors having reached 905 since it was launched in 2004 with a capital estimated at SYP 188 billion, a report by SANA has stressed.

Speaking during a visit paid to a number of facilities in Hessia industrial city, Industry Minister Mohammad Ma’an Zein al-Abiden Jazba called on the national industrialists to return home, particularly after the facilitations provided by the Syrian government to upgrade the industrial sector.

According to SANA, Jazba hailed efforts of the industrial Syrians operating in Hessia , who have been working under hard conditions in order to contribute to promoting the local production.