Tourism

10-12-2007
Bab Al-Faraj Company is completing its capital increase through a public subscription offer that started on December 2 and will last until December 26.
19-11-2007
Beit Al Mamlouka, Damascus’ first boutique hotel, has been sold by its owner, May Mamarbachi.
19-11-2007
The Ministry of Economy has granted a license for the establishment of a new company including a number of prominent Syrian businessmen.
29-10-2007
Kempinski Hotels will manage three hotels in the city of Damascus between 2008 and 2010, following an agreement with the NESCO Group of Saudi Arabia.
22-10-2007
The Syrian Commission on Financial Markets and Securities has given its nod to Bab Al-Faraj Company to raise SYP 500 million through a capital increase.
08-10-2007
Three of Syria’s top 5-star hotels will be offered for investment to international hotel management firms within a few weeks.
17-09-2007
The Syrian President laid on September 10 in Tartous the foundation stone of a new USD 72 million tourist complex, the Chahin Resort.
17-09-2007
The impact of the tourism sector on the Syrian economy will represent 13.4 percent of GDP in 2007 according to a report from the World Travel and Tourism Council.
10-09-2007
A group of leading Syrian businessmen have founded a tourism investment and management firm under a Presidential decree.
23-07-2007
Income generated by the Ministry of Tourism from the six 5-star hotels it owns fell significantly last year according to statistics from the Ministry.
16-07-2007
Bab Al-Faraj (BAF) is raising USD 10 million through an IPO to fund several investments in Aleppo.
09-07-2007
Cham Holding’s first venture, a restaurant and café compound, opened in Lattakia on July 7.
19-06-2007
The Saudi Prince has announced that he met Syrian President, Bashar Al-Assad, in a private meeting in Lattakia on June 13.
28-05-2007
Kempinski Hotels has signed contracts to manage two hotels under its brand in Syria, according to Duncan O'Rourke, Regional Director
21-05-2007
The number of tourists visiting Syria posted an annual growth of 19.2 percent in 2006, according to the latest figures of the Central Bureau of Statistics.