Bena Properties has signed a syndicated loan agreement of USD 77 million to finance works at the Yasmeen Rotana Hotel in Damascus.
Depa has won the contract for the fit-out and loose furnishings of the Yasmeen Rotana Hotel in Damascus, the first contract the UAE-based company earns in Syria.
Porto Village Hotel, a hotel located in the Porto Tartous Development, previously known as Antaradus, will open its doors next month, according to Wahoud Group, the company developing the project.
Two new hotels have begun operations in Aleppo and were inaugurated on November 11 by the Prime Minister, Naji Otri.
Jumeirah, a UAE based group, will manage the 5-star hotel that will be part of Abraj Souria, a development by Souria Holding in the Baramkeh district of Damascus.
Tofarco, a Cypriot developer, has been selected by the Syrian Government to develop a pilot zone in the Snobar project, one of the largest real estate developments in the country.
Saco, a Saudi company specialized in the distribution of building materials, has signed a contract, for the development of a hotel in the Hijaz area of Damascus.
The number of tourists that entered Syria in the first nine months of 2010 stood at 6.6 million, a year-on-year increase of 46 percent, according to the Ministry of Tourism.
Salim Ramia and Ammar Sabbagh have established a joint-venture to run movie theatres in Syria.
Dedeman Hotels and Intourist Sinara have formally signed a management contract for the 4-star Joul Jammal Resort the latter is developing in Lattakia.
Al-Noor, a Charity based in Aleppo, has announced two calls for tenders to build a 3-star hotel and a hospital on a BOT basis in Syria’s northern city.
Mina Mall, one of Tartous’ first commercial malls, will open its doors early October.
Drake & Scull International (DSI) has won a USD 23 million contract to conduct the mechanical, plumbing and engineering works at the Rotana Gardenia Hotel.
Tourism Promotion Services, the hotel management arm of the Aga Khan Network, has issued a request for expression of interest for building works on two hotel projects in Damascus and Aleppo.
Accor, one of the leading hotel operators in Europe, will manage a new property in Syria under the Mercure brand.


EDU 2011 Damascus
Kiwan Land
Damascus Scientific Pharmaceutical Days
Dama Rose Damascus Hotel