Syria signs MoU with Dubai World to develop terminal at Tartous port

The memorandum of understanding signed with Dubai World worth $800 million will help develop, manage and operate a multi-purpose terminal at Syria's port of Tartous.

CAIRO - Syria has signed a memorandum of understanding (MoU) with Dubai World worth $800 million for developing, managing and operating a multi-purpose terminal at Syria's port of Tartous, Syria's Land and Sea Ports General Authority said in a statement on Friday.