List of companies of Syria

Syria is a country in Western Asia. It is a unitary republic consisting of 14 governorates and is the only country that politically espouses Ba'athism. Since March 2011, Syria has been embroiled in an armed conflict, with a number of countries in the region and beyond being involved militarily or otherwise. Political instability poses a significant threat to future economic development.[1] Foreign investment is constrained by violence, government restrictions, economic sanctions, and international isolation. Syria's economy also remains hobbled by state bureaucracy, falling oil production, rising budget deficits, and inflation.[1]

Location of Syria

Notable firmsEdit

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark framework. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Bakdash Consumer services Restaurants & bars Damascus 1885 Ice cream parlor
Bank of Syria and Overseas Financials Banks Damascus 2004 Bank
Banque Bemo Saudi Fransi Financials Banks Damascus 2004 Private bank
Bawabet Dimashq Consumer services Restaurants & bars Damascus 2002 Restaurant
Bena Properties Financials Real estate holding & development Damascus 2007 Real estate investment
Central Bank of Syria Financials Banks Damascus 1953 State-owned bank
Cham Bank Financials Banks Damascus 2007 Islamic bank
Cham Palaces and Hotels Consumer services Hotels Damascus 1983 Hotels
Cham Wings Airlines Consumer services Airlines Damascus 2007 Private airline
Château Bargylus Consumer goods Distillers & vintners Latakia 2003 Winery
Commercial Bank of Syria Financials Banks Damascus 1967 State-owned commercial bank
FlyDamas Consumer services Airlines Damascus 2013 Airline
Hmisho Trading Group Industrials Diversified industrials Latakia 1988 Manufacturing and steel processing
MTN Syria Telecommunications Mobile telecommunications Damascus 2001[2] Mobile network, part of MTN Group (South Africa)
Syria International Islamic Bank Financials Banks Damascus 2007 Bank
Syrian Air Consumer services Airlines Damascus 1946 Flag carrier
Syrian Pearl Airlines Consumer services Airlines Damascus 2008 Private airline
Syrian Petroleum Company Oil & gas Exploration & production Damascus 1974 State oil
Syrian-Qatari Holding Company Financials Real estate holding & development Damascus 2008 Holding and investments
Syrian Railways Industrials Railroads Aleppo 1956 Railways
Syrian Telecom Telecommunications Fixed line telecommunications Damascus 1994 State telecom
Syriatel Telecommunications Mobile telecommunications Damascus 2000 Mobile network
United Group (UG) Media Media Damascus 2000 Largest media conglomerate
Venus Centre Consumer services Media Damascus 1985 Dubbing

See alsoEdit


  1. ^ a b "Syria". Index of Economic Freedom.
  2. ^ "MTN Syria JSC: Private Company Information". Bloomberg. Retrieved 2018-03-11.