Syria’s General Authority for Land and Sea Ports has finalized an $800 million agreement with UAE-based global logistics giant DP World to modernize the country’s port infrastructure and enhance logistical services.
The deal, reported by Syria’s state news agency Sana, follows a memorandum of understanding signed between the two parties in May.
Under the agreement, DP World—a subsidiary of Dubai World—will focus on developing a multi-purpose terminal at the Mediterranean port of Tartous and collaborate on establishing industrial and free trade zones.
Syrian President Ahmed al-Sharaa attended the signing ceremony, underscoring the deal’s significance for the war-torn nation’s economic recovery.
The partnership comes just weeks after U.S. President Donald Trump lifted key sanctions on Syria through an executive order, marking a potential shift in the country’s reintegration into global trade networks.
The sanctions relief is expected to facilitate foreign investment, humanitarian aid, and reconstruction efforts following years of civil war. Analysts suggest the DP World deal signals growing international interest in Syria’s rebuilding process as its economy gradually emerges from isolation.
