Syria's General Authority for Land and Sea Ports has signed an $800 million agreement with UAE's DP World to strengthen port infrastructure and logistical services, according to state news agency SANA.
The agreement, finalised on Sunday, builds on a memorandum of understanding signed between the two parties in May. It focuses on developing a multi-purpose terminal at Tartous on Syria’s Mediterranean coast and includes cooperation in establishing industrial and free trade zones.
The signing ceremony was attended by Syrian President Ahmad al-Sharaa, highlighting the importance Damascus places on reviving its maritime gateways as part of broader reconstruction efforts.
The deal comes just weeks after U.S. President Donald Trump signed an executive order ending a U.S. sanctions programme on Syria. The move aims to reintegrate Syria into the international financial system and support the country’s economic rebuilding after years of civil war.
Ending U.S. sanctions is expected to facilitate humanitarian aid, attract foreign investment, and ease trade restrictions, providing a crucial boost for Syria’s fragile economy.
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint r...
Recent operations by the U.S. military have led some to believe that a decapitating strike is a silver bullet capable of fixing any foreign policy ...
Bahrain’s state-owned oil company Bapco has declared force majeure after an attack set the country’s only refinery ablaze. The firm say...
Start your day informed with AnewZ Morning Brief. Here are the top news stori...
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling th...
In the Middle East, wars rarely remain confined to battlefields. Their most profound and enduring consequences are often measured not in military victories but in human displacement.
At least 30,000 displaced people have sought protection in shelters across Lebanon following an escalation in hostilities between Israel and Hezbollah, the United Nations refugee agency said on Tuesday, and added that many more were expected to join them.
Syria’s economy is showing clear signs of recovery, with economic activity accelerating in recent months, the International Monetary Fund (IMF) said on Wednesday.
Four members of Syria’s Internal Security Forces were killed and two others injured on Monday (23 February) in an attack by the ISIS (Daesh) terrorist group targeting a checkpoint west of Raqqa in northeastern Syria, the Interior Ministry said.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
Baku has completed its evacuation of staff from the Azerbaijan Consulate General in Tabriz, while most employees from the Azerbaijan Embassy in Tehran have also returned.
Tehran’s Mehrabad Airport came under attack in heavy airstrikes on early Saturday morning (7 March), Iranian news agencies reported.
U.S. President Donald Trump threatened further attacks on Iran on Saturday (7 March), while the United Arab Emirates and Saudi Arabia continued to shoot down missiles in their airspace. Meanwhile, Iran’s President Masoud Pezeshkian said Tehran would stop attacking its neighbours.
Russian attacks on Ukraine’s second largest city in the early hours of Saturday (7 March) killed 10 people, including two children. Kharkiv mayor, Ihor Terekov, said 10 residents died after a Russian ballistic missile hit a five storey apartment block in the city.
Bahrain’s state-owned oil company Bapco has declared force majeure after an attack set the country’s only refinery ablaze. The firm says domestic supplies remain secure, but operations are disrupted by the ongoing Middle East conflict, underscoring regional energy risks.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
An Israeli air strike and tank shelling killed six Palestinians, including two girls, in Gaza City on Sunday (8 March) in two separate attacks, local health officials say.
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islamic Revolutionary Guard Corps. His rise signals continuity in Tehran's anti-Western policies.
After days of high-altitude competition and fierce rivalries and despite challenging conditions in Shahdag, Europe’s top athletes pushed to the summit in one final test of endurance before the competition finished.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment