Syria Reform Programme Attracts Investors

LONDON, January 7, 2011 - With the collapse of Dubai's housing market other Middle Eastern spots,
such as Syria, have been able to strengthen their agendas. Ownership
restrictions in Syria have eased, and a host of other incentives has been
introduced to encourage would-be property buyers. The main portion of the
developments served up in the country caters exclusively to the property
shopper with deep pockets.

The World Finance Syrian Economic Reform Awards 2010 celebrate the
companies and individuals that provide the driving force behind Syria's
success. Their presence and business manner have acted as symbols of the
positive change within the country.

While world politics has been unkind in creating an unfavourable image of
modern Syria, these award winners have shown themselves to be as a forward
thinking and prosperous as the nation itself. World Finance is pleased to
recognise their success and looks forward to observing their increasing
global significance in the coming years.

    Syrian Economic Reform Awards 2010

    Best Business Finance Provider
    Bemo Saudi Fransi Bank

    Best Home Finance Provider
    Syria International Islamic Bank

    Best Personal Finance Provider
    Bank of Syria and Overseas

    Best Performing Investment Company
    Souria Holding

    Best Money Exchange
    Al Adham Exchange

    Best Energy Project
    Sana Investment Co. & Marafeq
    (Cham Holding)

    Best Construction Contracto
    Mohammad Hisham Ismail and Partners

    Best Concrete Products Company
    Beton Alwattania Group

    Best Engineering Contractor
    Mazen Hammour International Group

    Best Engineering & Utilities Equipment Supplier
    Hamsho International Group

    Best Industrial Development Project
    Khwanda Group

    Best Real Estate Developer
    Bena Properties (Cham Holding)

    Best Hotel & Leisure Development
    Al Khair Hotel & Resort

    Best Pharmaceuticals Company
    National Company for Pharmaceutical Industry (NCPI)

    Best Steel Manufacturer
    Hmisho Economic Group

    Best Car Assembly Company
    Hmisho Economic Group

    Best Shipping Company
    Abdul Kader Sabra Group

    Best Private Airline
    Cham Wings Airlines

    Best Food Processing Company
    Tarif Akhras Group

    Best Textile Manufacturer
    Oulabitex

    Best Watches & Jewellery Retailer
    Abou Watfa Est.

    Best Home Appliances Manufacturer
    Joud Industries

    Best Furniture Manufacturer
    Rajha Mika

    Best FMCG Distributor
    Samir Hassan (Amir Group)

    Award for Pioneering Key Economic Projects in Support of Syria
    MAS Economic Group

    Pioneer of Modern Management Methods
    Syriatel

    Visionary Leadership and Contribution to the Syrian Economy
    Rami Makhlouf

Notes for editors:

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Michael McCaw, +44(0)20-7014-0370, michael at worldfinance.com