Syria has entered into an $800 million memorandum of understanding (MoU) with Dubai World to develop, manage, and operate a multi-purpose terminal at the port of Tartous, marking a significant shift in the nation's maritime infrastructure strategy.
The agreement, announced by Syria's Land and Sea Ports General Authority, signifies a move towards diversifying foreign partnerships and revitalizing the country's port facilities. This development follows the recent cancellation of a 2019 contract with Russian firm STG Stroytransgaz, which was terminated due to the company's failure to fulfill its investment commitments, including necessary infrastructure upgrades.
The new collaboration with Dubai World is expected to enhance Tartous Port's operational capacity, improve logistics services, and boost trade activities, contributing to Syria's broader economic recovery efforts. By engaging with international partners, Syria aims to modernize its port infrastructure and reestablish its position in regional maritime commerce
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U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
The Ebola epidemic in the Democratic Republic of the Congo (DRC) is spreading faster than efforts to contain it, global humanitarian organisation Médecins Sans Frontières (MSF) has warned, calling for an urgent expansion of containment and care measures.
Georgia and the European Union have held their first working-level talks in Brussels following the EU's decision to suspend visa-free travel for holders of Georgian diplomatic, service and official passports.
The European Union (EU) has announced an additional €20 million ($22.8 million) in humanitarian assistance for Venezuela after last month's deadly earthquakes, which killed more than 4,700 people.
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claims it has once again closed the Strait of Hormuz, a vital global shipping route.
The death toll from the fire at a live music pub in Bangkok has climbed to 32 after two more victims died from their injuries, according to Thailand's Police Hospital.
Ukraine and Russia exchanged fresh attacks on Tuesday, with Kyiv targeting shipping and energy infrastructure inside Russia while Moscow launched another large-scale missile and drone assault on Ukrainian cities.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
Ten EU countries, led by Italy and Poland, have urged the European Union to reconsider a new carbon price on fuel as part of a wider overhaul of the bloc's carbon market, according to a joint statement seen by Reuters.
The European Union (EU) has announced an additional €20 million ($22.8 million) in humanitarian assistance for Venezuela after last month's deadly earthquakes, which killed more than 4,700 people.
India's investigation into last year's Air India crash that killed 260 people has entered its final stages, with investigators completing a transcript of the cockpit voice recorder and carrying out a psychological autopsy as they work towards a final report.
The Ebola epidemic in the Democratic Republic of the Congo (DRC) is spreading faster than efforts to contain it, global humanitarian organisation Médecins Sans Frontières (MSF) has warned, calling for an urgent expansion of containment and care measures.
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