Hijaz Railways (30)

02-12-2020

A Chinese state-run company has made an offer to finance, build and develop a railway project that would link the Syrian capital with its suburbs through four rail lines, state media reported this week.

10-06-2020

The government has signed two contracts for large investments in the tourism sector reminiscent of similar projects from the pre-2011 era. However, the significant deterioration of the business environment since that time raises doubts about their feasibility.

10-02-2020

A full breakdown of Syria's 2020 budget with current and investment expenses detailed for each item in the budget.

05-02-2020

A delegation from India’s Tata Group visited Damascus in December, a rare case of a multinational company looking for business opportunities in Syria.

13-11-2019

The Syrian government has announced that it is generating money from property it owns in Lebanon and is seeking to retake possession of land it has owned in Jordan and Saudi Arabia since the time of the Ottoman Empire.

11-09-2019

Updated on September 12, 2009: A French hotel management group has reportedly signed a contract to manage two Syrian hotels, the first such contracts with western companies in the hospitality industry since 2011.

20-03-2019

A full breakdown of Syria's 2019 budget with current and investment expenses detailed for each item in the budget.

15-08-2017

The Syrian government has updated its estimate for the loss incurred by its railway network, one of the largest in the Middle East.

25-07-2017

The following tables provide various data on passenger and goods rail transport in Syria in the past decade.

17-11-2014

Syria has adopted a new car license plates design, whose introduction will generate billions of Syrian pounds to the government.

28-07-2014

The management of the Semiramis Hotel, a prime 4-star property in Central Damascus, has finally been awarded to a local company.

23-06-2014

The owner of the Semiramis Hotel will tender for the third time the contract to manage the property after it failed to attract its target price.

14-04-2014

The Syrian government plans to retender the contract for the management of a prime four-star hotel in central Damascus after a previous tender failed to generate competitive offers.

23-12-2013

The Syrian government has awarded to private investors a 25-year contract for the management of a prime four-star hotel in central Damascus.

23-09-2013

After a long legal battle, the management rights of the Semiramis Hotel will return back to its owner, a state entity.

24-10-2011

The Syrian Railways Organisation is expecting to finish next year works on a rail track between the cities of Deir-ez-Zor and Al-Bou Kamal that will link the Iraqi and Syrian networks.

21-03-2011

Following the unrest that began in Daraa on March 18, local dignitaries met on March 20 with representatives of the Baath Party and made a list of comments and requests.

14-06-2010

Nabil Mazloum, a Saudi investor of Syrian origin, has signed a contract with the Hijaz Railways Organization to develop a 5-star hotel on BOT terms in Central Damascus.

 

31-05-2010

Jordan and Syria are linked again through the Hijaz Railways after the resumption of traffic for both goods and passengers took place on this historic line.

21-12-2009
Nabil Mazloum, a Saudi Investor of Syrian origin will develop a 5-star hotel on BOT terms in Central Damascus.
20-11-2006

Syria, Jordan and Saudi Arabia are in the first stages of reviving the old Hijaz railway line after the signature of an agreement between a Syrian-based company, Balkees Real Estate, Industrial and Commercial Investment Company, and the Hijaz Railways ...

03-08-2006

A Saudi Company, Belkis Investment Company is holding discussions with the Hijaz Railways Organisation (HRO) to manage that company’s railways network.

17-01-2006

Revenues of the Hijaz Railway Organization (HRO) generated revenues of SYP 220 million (USD 4 million) in 2005. This was 10 percent over the planned income figure of SYP 200 million.

02-07-2005
The Hijaz Railways Corporation (HRC), one of the two operators of the Syrian Railways network, has awarded a contract to Lebanon’s Rock Wall Company (RWC) for the building of a dual lane electric rail link between Damascus International Airport a...
01-07-2004
The construction works on the huge central-town commercial complex are set to start within weeks.
01-02-2004
The Hijaz Railways Corporation invited consultants to bid for an estimated USD 1 million contract to carry out a study for a railway line between the station of al-Qadam and Damascus international airport, according to MEED.
01-01-2004
The Hijaz Railways Corporation has joined the International Union of Railways (UIC according to its French acronym).
01-11-2003

With the ambitious development plans of the two national railways operators, Syria is set to capitalize, at last, on its strategic geographic position.

With the ambitious development plans of the two national railways operators, Syria is set to capitalize, at last, on its strategic geographic position. Meanwhile, the country is also joining the International North - South Transport Corridor.

01-07-2003
Besides the on-going negotiations to reform the public industrial sector, other state-owned companies are trying to reform their managerial methods in order to adapt to their increasingly market-oriented business environment.