Syria sees major investment

Syria is witnessing an influx of high-profile private and public investment projects totalling $10.36 billion, reports Zawya.

Risk management experts predict an increased adoption of project management practices and solutions in Syria as the country unveils plans for more development projects for the remainder of 2010.

The forecasted increase complements the country's next development phase, which aims to attract more foreign investments, build more infrastructure facilities and package the country as an ideal investment hub in the Middle East.

Managers at less than one-third of UK and Irish companies were able to use risk management techniques to minimise the impact of the recession, states FT.com.

A survey commissioned by Grant Thornton has found only 44% of the 465 senior executives interviewed say their review of strategic, financial and operational risks before the downturn had adequately captured the potential problems.

Executives at large companies, those with more than £1 billion in annual turnover, were more likely to say risk management had a meaningful influence, with 54% saying it affected corporate decisions, compared with 49% overall.

Regulatory compliance solutions provider, Prevalent Networks, has rolled out Prevalent Policy Portal, a policy management and governance software solution, says Dark Reading.

The solution integrates with the Symantec Control Compliance Suite, allowing users greater visibility into corporate policies, easing policy implementation, aggregation, and management.

Norman Menz, Prevalent's managing director, says: "Policies are only effective when there is consistent awareness throughout the organisation. Prevalent Policy Portal delivers on this need by providing users with easy access to policy."