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Contract with French CMA CGM to establish dry ports in Syria

The Syrian General Authority for Land and Sea Ports announced the signing of a "strategic" memorandum of understanding with CMA CGM, a global leader in maritime transport and logistics services, to establish and operate dry ports in both the Syrian-Jordanian Joint Free Zone and the Adra Free...

US Treasury allows dealings with Syrian commercial banks

The Financial Crimes Enforcement Network (FinCEN), an affiliate of the US Treasury Department, has issued an exceptional exemption allowing financial institutions to deal with the Commercial Bank of Syria, open accounts, and transfer funds to and from Syria. In a statement published by the...