2011/11/20

Nov 19 Economy

المؤسسة العربية لضمان الاستثمار : تراجع الاستثمارات في سوريا بنسبة 65 % حتى نهاية العام الحالي
The Arab Institution for Investment Guarantee: the decrease of investments in Syria by 65% ​​until the end of the year
http://www.aksalser.com/index.php?page=view_news&id=5b227293a68d316ee6ae3d75ab06d051&ar=934868805
Friday - November 18 - 2011 - 14:17:17

A report by the Arab Institution for Investment Guarantee and Export Credit, the decrease of investments in Syria by about 65 percent, ie, to 484 million, after reaching 2.38 billion last year, and reduced foreign investment in Syria from the $ 1.4 billion last year to half a billion this year .

The report pointed to a decline in foreign direct investment flows to Arab countries by 17 percent during the current year, and that the decline will be more acute in the countries of the Arab spring.

The report showed that foreign direct investment in the 21 Arab countries will fall to $ 55 billion at the end of this year, from 66.2 billion in 2010.

He predicted that Egypt recorded a sharp decline in the rate of investment of up to 92 percent, with foreign investment which will be up to half a billion dollars, compared with 6.4 billion in 2010. And down 36 percent in Bahrain and 21 in Tunisia.

And completed the largest Arab country in terms of population, the first half of the year with a negative outcome in this regard, it lost $ 65 million, with investments exceeding extrabudgetary funds involved.

Arrived foreign direct investment in Egypt to about $ 6.3 billion in 2010, but during the first quarter of this year with the outbreak of the Egyptian revolution, the economy experienced the departure of foreign direct investment by about $ 1.9 billion, while the flows of foreign direct investment $ 1.8 billion.

And the report predicted that the seven Arab countries recorded a rise in foreign investment, particularly Saudi Arabia, where these investments will rise to $ 29 billion, compared to 28.1 billion in 2010.

The European Union contributed to 63 percent of foreign direct investment inflows to Egypt in the first quarter of this year, $ 1.8 billion, and accounted for the Arab States 21 percent, and America's 9 percent.

In Tunisia, foreign direct investment fell 26 percent during the first seven months of this year to $ 600 million.

In Libya, the foreign direct investment at $ 3.8 billion in 2010 and is expected to decline to 500 million this year.

The report predicted recovery of foreign direct investment in the leading economies, such as Saudi Arabia, UAE, Kuwait, in addition to Morocco, Iraq and Mauritania.


صناعة الفحم في مصياف.. مهنة تتجه نحو الانقراض والحل في استثمار مخلفات تقليم الغابات
The charcoal industry in Masyaf .. Profession moving toward extinction, and the solution to invest in forest remnants trim
http://www.sana.sy/ara/7/2011/11/19/382615.htm
November 19, 2011
Hama, (SANA) -

No New on charcoal production industry in the area of ​​Masyaf only taking it back down with the declining number of workers in spite of the existence of a huge revolving wooden stock is estimated thousands of tons of wood product only on the work of pruning and breeding projects forests.

The forest has a total area of ​​Masyaf to 14 thousand hectares can annually produce approximately 2000 tonnes of firewood if invested in a scientific and thus convert these Alahtab to the coal industry but in fact are invested less than a quarter of that amount with a huge stockpile renewed.

The Jaber Qasem, head of administration and management of forests and invested the Directorate of Agriculture of Hama to the coal industry wooden traditional old was dependent upon the former to secure sources of domestic energy and confined today in many places on the use of tourism within the restaurants, bars, hotels, noting that the industry still maintains the traditional way in production, despite many attempts to produce the quality of the coal industry and coal, high quality product comparable to the traditional way, but it did not work all of them.

(omitted)


ستون ألفاً منها في دمشق وريفها.. النفط: وحدات تعبئة الغاز المنزلي تعمل على مدار الساعة وتنتج أكثر من 245 ألف اسطوانة يومياً
Sixty thousand of them in Damascus and its countryside .. Oil and gas units to mobilize domestic work around the clock and produces more than 245 cylinders per day
http://www.sana.sy/ara/2/2011/11/19/382661.htm
November 19, 2011
Damascus, (SANA) -

A total of gas produced per unit gas filling in the provinces of Damascus and its countryside to the maximum capacity as the number of discs produced per day in the unit cylinder 60 thousand, to meet the growing demand for this article.

Engineer Sufian Alao, Minister of Petroleum and Mineral Resources during his day on the Management Centre and Gas Operations unit fill in Damascus and its countryside The units fill gas in Syria is working at maximum capacity and produces daily more than 245 thousand gas cylinder cover the need, but the shortage that occurred in these two provinces was the result of lack of supply of gas transported by train to Damascus, and tanks, because the train stopped two weeks ago on the transfer of gas as a result of terrorist acts carried out by armed groups in the province of Homs.

The minister pointed out that the train resumed the transfer of liquid gas to Damascus since yesterday it transferred 550 tons of gas to unit packaging with complete rest for a total daily to nearly 700 tons is enough need for the provinces of Damascus and its countryside and Kenitra, pointing out that the ministry has contracted urgently with the 35 tankers to transport gas and supplying and packing units additional quantities.

The oil minister, was to instruct the packing units to operate round the clock non-stop in addition to increasing the allocation, distribution centers in Damascus and the 8 points to 2000 per day per cylinder center to the allocations authorized distributors deployed in all areas of Damascus and its countryside.

And about the availability of metal drums empty confirmed Alao said the ministry will provide the distribution centers, additional quantities to be sold to the citizens it was worth the formal and set at 1900 for the lira were contracted to buy a million valve to switch the valves damaged in addition to CDs the new recipient of FOUNDATION coefficient defense and increase the capacity of reform to provide the largest possible number of cylinders the blank to meet the needs of citizens.


Syria halts Total payments for crude output
http://www.dailystar.com.lb/Business/Lebanon/2011/Nov-19/154558-syria-halts--total-payments-for-crude-output.ashx
November 19, 2011 01:39 AM
Reuters

PARIS: Syrian authorities have halted payments to French oil major Total for its oil production activities in the troubled country, a spokesman for the company said Friday. This is a further indication that U.S. and European Union sanctions imposed in response to President Bashar Assad's crackdown on dissent are starting to bite.

Syria's oil exports worth $400 million a month in total are at a standstill.

"We are not paid by the Syrian government any longer," said a spokesman for Total, adding that the group had observed a slight production fall in the country.

Syrian oil represents less than 1 percent of daily global production but accounts for a vital portion of Syrian government earnings, which Western powers say Assad can use for a bloody military crackdown on the opposition.

Authorities have stopped payment to oil companies toward the end of September, one source with knowledge of the situation said.

The sanctions aimed at crude oil exports have warded off normal buyers of Syrian crude, which mainly flowed to Europe, causing storage tanks to brim and forcing cuts.

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