Tuesday 13 October 2015
Rami Makhlouf

Assad's tycoon cousin quits business

Syrian tycoon Rami Makhlouf, a cousin of President Bashar al-Assad and focus of anti-corruption protests, is quitting business, state media said. The announcement came as army units circled two restive towns in the north of the country.&nb


Emaar plans $100m Syria venture with Cham Holding

Dubai-based Emaar Properties has agreed to set up a $100 million venture to develop residential and commercial projects in Syria with Cham Holding. Cham Holding is controlled by Rami Makhlouf , a businessman targeted by US sanctions.

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