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Canonical ID: NK-hFcRetvLMVwWfKn8j9qdQs · Entity type: Organization (reference)
| Property | Value | Lang | Source dataset | Source ID | First seen | ||
|---|---|---|---|---|---|---|---|
LegalEntity:notes | Business sector: real estate development | ch_seco_sanctions | ch-seco-41370 | ||||
LegalEntity:notes | Damascus Cham Holding Company was established by the former al-Assad regime as the investment arm of the Governorate of Damascus in order to manage the properties of the Governorate of Damascus and implement the Marota City project, a luxurious real estate project based on expropriated land under Decree No 66 and Law No 10 in particular. By managing the implementation of Marota City, Damascus Cham Holding (whose Chairman is the Governor of Damascus) supports and benefits from the former al-Assad regime and provides benefits to businesspeople with close ties to the former al-Assad regime who have struck lucrative deals with this entity through public-private partnerships. | ch_seco_sanctions | ch-seco-41370 | ||||
LegalEntity:notes | Ultimate beneficial owner: Governorate of Damascus | ch_seco_sanctions | ch-seco-41370 | ||||
LegalEntity:notes | Name of Director/Management: Adel Anwar al-Olabi, Chairman of the Board of Directors and Governor of Damascus (designated by the Council) | ch_seco_sanctions | ch-seco-41370 | ||||
LegalEntity:notes | Relatives/business associates/entities or partners/links: Rami Makhlouf (designated by the Council); Samer Foz (designated by the Council); Mazen Tarazi (designated by the Council); Talas Group, owned by businessman Anas Talas (designated by the Council); Khaled al-Zubaidi (designated by the Council). | ch_seco_sanctions | ch-seco-41370 | ||||