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Syria’s General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE’s DP World to bolster Syrian ports infrastructure and logistical services, Syrian state news agency SANA reported. The agreement follows on from a memorandum of understanding signed between the two sides in May. The deal with DP World, a subsidiary of United Arab Emirates investment company Dubai World, focuses on developing a multi-purpose terminal at Tartous on Syria’s Mediterranean coast and cooperation in setting up industrial and free trade zones. The signing ceremony was attended by Syrian President Ahmed al-Sharaa. Last month, US President Donald Trump signed an executive order terminating a US sanctions programme on Syria, paving the way for an end to the country’s […]

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