Middle East Economic Survey


No 39



Syrian Government Plans To Set Up Investment Holding Company

The Syrian government has approved a draft law to set up a new company, Syrian Investment Holding (SIH), to serve as the governments investment arm, The Syria Report said on 20 September. SIH will be 100% owned by the government and capitalized at S5bn ($106mn). It will be the only entity to invest and hold shares in investment projects on behalf of the government. Syria has...