Courtesy of The Atlantic, a report on KFC’s decision to give up trying to do business in Syria: Syrians eat at a KFC outlet in Damascus in 2006. It closed its doors this month. In 2006, Kentucky Fried Chicken opened Syria’s first American restaurant in Damascus. The franchise weathered more than two and a half […]
Read more »Via Bloomberg, a report that Syria’s government has offered 74,000 square-kilometers of land, or 40 percent of the country, to international oil and gas companies for exploration. According to the article: “…In addition to new exploration on the land, the ministry is seeking the restoration of old wells where production ceased in the past several […]
Read more »Via Oil and Gas Eurasia, a report detailing Ukraine’s interest in playing a role in the completion of the Arab Gas Pipeline intended for natural gas deliveries from Egypt to Europe via Syria and Turkey. As the article notes: “…We hope to take part in the modernization of Syrian enterprises, including in the construction of […]
Read more »Via The Financial Post, an interesting article on China Petrochemical Corporation’s (Sinopec) offer to pay $1.9 billion for Tanganyika Oil Co. to gain oil and natural gas operations in Syria. As the article notes: “…The bid for Tanganyika came one month after Sinopec Group lost to India’s Oil & Natural Gas Corp. in the tussle […]
Read more »Via Inhabitat, news that Camassive urban masterplan has been approved for Madinat al-Hareer, or City of Silk, in Subiya, Kuwait. With a budget of £66 billion ($132bn USD), the project is an ambitious endeavor that will provide a rail network between major Middle East cities and China. As the article notes: “…Kuwait, Damascus, Baghdad, and […]
Read more »From The National, an interesting analysis of Russia’s recent diplomatic and trade activities in the Middle East and North Africa in a bid to enhance its geopolitical clout and gain access to, and at least partial control over, the region’s oil and gas reserves. As the article notes: “…Among the former global superpower’s tactics: linking […]
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