Sheraton (50)

07-08-2018

The table below lists all the Syrian companies contracted by UN agencies in 2017. The data include the name of the companies, the subject of the contracts and their value.

12-06-2018

The Sheraton Aleppo Hotel is expected to reopen partially in the next few days some six years after it shut down.

09-01-2018

A Syrian businessman, little heard of until recently, has signed two contracts worth hundreds of millions of dollars to participate in the development of the controversial Basatin Al-Razi project.

28-03-2017

The Syrian government is considering establishing a new body to oversee and manage all land and real estate assets it owns across the country in a bid to maximize the revenues it generates from them.

21-02-2017

While a Syrian company announced last week the beginning of production and sale of two new cars assembled locally, the Government still struggles to attract back manufacturers.

06-09-2016

The table below lists all the Syrian companies contracted by UN agencies in 2015. The data include the name of the companies, the subject of the contracts and their value.

03-05-2016

The United Nations agencies based in Damascus have contracted dozens of Syrian companies to supply them with goods and services worth hundreds of millions of dollars in the past years.

03-05-2016

The table below lists all the Syrian companies contracted by UN agencies in 2014. The data include the name of the companies, the subject of the contracts and their value.

03-05-2016

The table below lists all the Syrian companies contracted by UN agencies in 2013. The data include the name of the companies, the subject of the contracts and their value.

12-04-2016

The Court of Justice of the European Union has rejected the appeal by Tarif Al-Akhras, a leading Syrian businessman, to see his name removed from the European blacklist.

29-06-2015
16-01-2015

Soyuzneftegaz, the Russian oil company, has established a representative office in Damascus to begin exploring the country’s offshore waters.

16-01-2015

Oil and gas exploration and production

10-12-2012
27-08-2012

The Kharafi Group has obtained from the Syrian government a 50 percent discount on the annual fee it pays for the management of the Bloudan Grand Hotel, which has been closed for over half a year.

18-01-2012

The Ministry of Tourism has cancelled the management contracts of Dedeman Hotels, a Turkish operator, for two of the country’s leading 5-star properties, including one in Damascus.

27-06-2011
13-04-2011

Bab Al-Faraj Tourism and Hotels, the company that owns the Sheraton Aleppo Hotel, is raising its capital by an additional SYP 52 million after it received the go ahead from the SCFMS.

20-06-2010
The Ministry of Tourism has taken over the management of the Ebla Cham Hotel in Damascus from its operator, Cham Palaces and Hotels Group.
20-07-2009

Works on the Kiwan Hospitality project have still not begun two years after the announcement of the launch of the project.

01-03-2009

Greenline Interiors, a UAE firm, has announced that it was awarded a contract by the Wahoud Group to design and fit-out three hotels in Syria.

12-01-2009

Dedeman Hotels expects to increase the occupancy rates of the three new hotels it is managing in Syria, according to its country manager, Birol Kaymas.

24-11-2008
A German trade delegation is visiting Syria from November 30 to December 2. The delegation will be comprised of thirteen companies active in the construction and building materials sectors.
27-10-2008

Dedeman Hotels and Resorts International will manage three 5-star hotels in Syria, including Le Meridien Hotel in Damascus.

04-02-2008
Income generated by the Ministry of Tourism from three out of the six 5-star hotels it owns grew significantly last year, according to statistics from the Ministry.
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

The Ministry of Economy has granted a license for the establishment of a new company including a number of prominent Syrian businessmen.

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.

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.

12-03-2007
Starwood Hotels and Resorts has signed a contract with Danial Industries, a Syrian firm, to manage a hotel under its "Four Points by Sheraton" brand name in Tartous, Syria's second largest coastal city.
26-02-2007

Mohamed Abdulmohsin Kharafi and Sons of Kuwait (Kharafi) has started operations of Syria’s first radio taxi project in Damascus known as Star Taxi.

12-02-2007

The soft opening of Sheraton Aleppo Hotel and Towers is taking place on February 12. This opening will last three months, before an official launch ceremony is organized

08-01-2007

Mohamed Abdulmohsin Kharafi and Sons Company of Kuwait (Kharafi) has formally signed the contract to develop a major tourism site in Damascus at a cost of USD 217 million

03-06-2006

Starwood Hotels and Resorts has signed a memorandum of understanding with Tarif Al-Akhras a Homs businessman and former head of the local Chamber of Commerce and Industry to build and manage a Sheraton hotel in Homs, central Syria.

15-10-2005
Interview with Markus Iseli, General Manager of the Four Seasons Hotel in Damascus.
03-06-2005
Starwood Hotels will open the third branch of its Sheraton brand in Syria with the inauguration of the Sheraton Aleppo Hotel & Towers in Syria in the fourth quarter of this year, according to a press statement from the regional office of the group ...
16-05-2005
Accor, the French international hotel group, has announced that it was opening its first property in Syria, Sofitel Lattakia in the summer of 2006.
16-05-2005
Rotana Hotels opened its first property in Damascus on May 1st, the Queen Center Rotana Suites.
10-01-2005
Fouad Takla Construction Company (FTCC) has announced that it has completed the building of the Damascus Four Seasons Hotel. FTCC is the main contractor of the project, which was designed by Lebanon’s Dar al-Handasseh.
01-07-2004
The project is an investment from the Saudi Binladin group and symbolizes the rising interest of Gulf investors in the Syrian tourism industry.
01-01-2003
Makram Sader, secretary-general of Lebanon's Banks association, said during the Lebanese-Syrian banking seminar held in Damascus' Sheraton hotel that the size of Syrian assets in Lebanese banks was estimated at between USD2 and USD2.5 billion, out of a...
01-01-2003
According to press reports from the Gulf, a number of new investors are entering into the capital of the Damascus Four Seasons Hotel.
01-11-2002
A major German business delegation, including 19 companies from the state of Lower Saxony, visited Damascus early October to enhance trade and investments relationship with Syrian business operators.
29-07-2002
Rotana has announced the signing of an agreement to manage a hotel in Damascus, according to Daniel Hajjar, VP sales and marketing.
31-12-2001
The state-owned real estate bank is to extend its network of ATMs following the success of its "Syriacard" ATM card.