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Syria is a country inWestern Asia. It is aunitaryrepublic consisting of14 governorates.[needs update] Since March 2011, Syria has been embroiled in anarmed conflict, with a number ofcountries 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.[needs update] Syria's economy also remains hobbled by state bureaucracy, falling oil production, rising budget deficits, and inflation.[1][needs update]
This list includes notablecompanies with primaryheadquarters located in the country. The industry and sector follow theIndustry Classification Benchmark framework. Organizations which have ceased operations are included and noted as defunct.
| Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
|---|---|---|---|---|---|---|---|
| Bakdash | Consumer services | Restaurants & bars | Damascus | 1885 | Ice cream parlor | P | A |
| Bank of Syria and Overseas | Financials | Banks | Damascus | 2004 | Bank | P | A |
| Banque Bemo Saudi Fransi | Financials | Banks | Damascus | 2004 | Private bank | P | A |
| Bawabet Dimashq | Consumer services | Restaurants & bars | Damascus | 2002 | Restaurant | P | A |
| Bena Properties | Financials | Real estate holding & development | Damascus | 2007 | Real estate investment | P | A |
| Central Bank of Syria | Financials | Banks | Damascus | 1953 | State-owned bank | S | A |
| Cham Bank | Financials | Banks | Damascus | 2007 | Islamic bank | P | A |
| Cham Palaces and Hotels | Consumer services | Hotels | Damascus | 1983 | Hotels | P | A |
| Cham Wings Airlines | Consumer services | Airlines | Damascus | 2007 | Private airline | P | A |
| Château Bargylus | Consumer goods | Distillers & vintners | Latakia | 2003 | Winery | P | A |
| Commercial Bank of Syria | Financials | Banks | Damascus | 1967 | State-owned commercial bank | S | A |
| FlyDamas | Consumer services | Airlines | Damascus | 2013 | Airline | P | A |
| Hmisho Trading Group | Industrials | Diversified industrials | Latakia | 1988 | Manufacturing and steel processing | P | A |
| MTN Syria | Telecommunications | Mobile telecommunications | Damascus | 2001[2] | Mobile network, part ofMTN Group (South Africa) | P | A |
| Syria International Islamic Bank | Financials | Banks | Damascus | 2007 | Bank | P | A |
| Syrian Air | Consumer services | Airlines | Damascus | 1946 | Flag carrier | S | A |
| Syrian Pearl Airlines | Consumer services | Airlines | Damascus | 2008 | Private airline | P | A |
| Syrian Petroleum Company | Oil & gas | Exploration & production | Damascus | 1974 | State oil | S | A |
| Syrian-Qatari Holding Company | Financials | Real estate holding & development | Damascus | 2008 | Holding and investments | S | A |
| Syrian Railways | Industrials | Railroads | Aleppo | 1956 | Railways | S | A |
| Syrian Telecom | Telecommunications | Fixed line telecommunications | Damascus | 1994 | State telecom | S | A |
| Syriatel | Telecommunications | Mobile telecommunications | Damascus | 2000 | Mobile network | P | A |
| United Group (UG) | Media | Media | Damascus | 2000 | Largest media conglomerate | P | A |
| Venus Centre | Consumer services | Media | Damascus | 1985 | Dubbing | P | A |
| Automata4 Group | Software | Software | Aleppo | 2005 | Web Based | S | A |