Syria Names New Petroleum and Sovereign Fund Leaders

Under the presidency of Syrian President Ahmed al-Sharq, Maher Khalil Al-Hassan was appointed as the CEO of the Syrian Petroleum Company, and Samir Al-Halabi was appointed as an economic advisor and Chairman of the Board of the Sovereign Fund. This followed previous incidents where the company faced serious violations and misconduct in oil production and transportation processes, as well as the discovery of gasoline shipments that did not meet the specifications within the Syrian market. Currently, Al-Hassan is serving as the Deputy Minister of Economy and Industry, while Al-Halabi brings extensive experience in economic policies and sovereign investment. The goal of their appointments is to develop the oil sector, maximize the utilization of natural resources, strengthen public finances, and improve Syria's oil infrastructure.

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