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Iran's first indigenous nuclear power plant to be built soon
Iran's minister of Energy Parviz Fattah said yesterday that Iran will soon start construction of its first indigenous nuclear power plant.
Regional-Iran, Economics, 3/18/2006
United States Advocates Major Expansion of Nuclear Energy
The world's need for reliable, clean energy requires broadly expanded use of nuclear power, US Energy Secretary Sam Bodman says.
Regional-USA, Economics, 3/17/2006
Russia-Syria trade in 2005 up by $120 million
Trade between Russia and Syria increased by $120 million in 2005, the co-president of a bilateral government commission said Wednesday, according to RIA Novosti
Syria-Russia, Economics, 3/16/2006
Egypt-US FTA adjournment
Egypt-USA, Economics, 3/16/2006
First Conference of Islamic Banks and Financial Institutions Opens in Damascus
The minister expressed confidence that 2006 will see the emergence of Islamic banks and establishments as the State Commission for Supervision on n Insurance has granted permission to two Islamic insurance companies to work in Syria.
Syria, Economics, 3/15/2006
Somalia reconstruction and development priorities survey
A United Nations-backed initiative to consult all sections and regions of Somalia in an effort to rebuild a war-torn country that has been without a functioning government for 15 years began its largest operation to date yesterday
Somalia, Economics, 3/15/2006
ONGC to transfer stake in Syrian oil fields to OVL
Oil and Natural Gas Corporation (ONGC) proposes to transfer its stake in the recently acquired oil fields in Syria to ONGC Videsh Ltd (OVL), the overseas arm of the company.
Syria, Business, 3/15/2006
World Bank allocates annual sum to revive old city of Hama
The World Bank allocated $250,000 annually as aid to revive the ancient city of Hama and rehabilitated it to reveal the cultural image of the city as one of the oldest city in Syria, Head of Hama City Council Mohammed Amin Kandakji said Tuesday.
Syria, Economics, 3/15/2006
Syria moves closer to first stock market
The nomination of the members of the Syrian Securities and Exchange Commission is bringing closer the setup of the Damascus stock exchange.
Syria, Economics, 3/14/2006
Iran to revise oil policy if required
Iran's Oil Minister Kazem Vaziri-Hamaneh said today that Iran will revise oil contracts it has entered into with other states if called for by the exigencies.
Iran-Regional, Economics, 3/14/2006
Dubai's stocks lowest in 11 months
The UNited Arab Emirates Dubai stock market reached on Monday the lowest level in 11 months.
United Arab Emirates, Economics, 3/14/2006
Jazeera Airways to fly to Aleppo
The airline also announced that it has increased its Beirut flights from seven per week to 11 per week. The new evening flights will compliment Jazeera Airways daily morning flights to the city.
Syria-Kuwait, Business, 3/14/2006
Turkish investments in Syria exceed $ 800 millions
Commercial Attach at the Turkish Embassy in Damascus Taifon Celec on Monday said his country's investments in Syria have exceeded $ 800 millions, expecting the industrial investments to grow in the country in the near future.
Syria-Turkey, Economics, 3/14/2006
EIB lends EUR 400 million for urban transport in Istanbul
Marmaray project, one of the worlds most ambitious urban rail commuter projects is set to connect Europe with Asia.
Turkey-European Union, Economics, 3/14/2006
Libya notes removal of last shanty
"Thousands of Libyans during the toppled regime were living in such shanty places in different parts of Libya and they were suffering the worst under that regime that linked the destiny of this country with the colonial imperialist circles that were plundering the wealth of this country."
Libya, Economics, 3/13/2006
Syria switches to euro from dollar for its budget
The Syrian government is to use euros instead of US dollars in its budgets upon the decision of the US treasury that stipulates barring any transactions between American banks and the Commercial Bank of Syria.
Syria-USA, Economics, 3/13/2006
Kuwaiti company plans Islamic bank in Syria
Syria-Kuwait, Business, 3/13/2006
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