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Dubai’s DP World Pushes Ahead with $800 Million Syria Port

Summary by Semafor
DP World is pushing ahead with an $800 million redevelopment of Syria’s Mediterranean port of Tartous, the latest evidence of the country attracting much-needed capital from the Gulf. The Dubai-based port operator has delivered three mobile cranes that will increase Tartous’ cargo handling capacity by 40%.In the past two months, Qatar’s Power International Holding has also begun work on revamping Damascus airport and has pledged $250 million for…

7 Articles

Tartous, August 18, 2026 / DP World has completed a major milestone in its $800 million investment program to modernize the Port of Tartous in Syria with the delivery of three mobile cranes. These cranes are expected to increase the port's cargo handling capacity by 40%, supporting trade and Syria's economic recovery. The delivery of the cranes represents the first phase of the port's development program under a 30-year concession agreement. The…

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AGBI broke the news on Tuesday, August 18, 2026.
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