Public-owned company under private law.Names of Director(s)/Management: Adel Anwar AL-OLABI, Chairman of the board of Directors and governor of Damascus. Ultimate beneficial owner(s): Governorate of Damascus. Relatives/business associates/entities or partners/links Mazen Tarazi (EU-designated); businessman Anas Talas (EU-designated); Khaled Al-Zubaidi and Nader Qalei (both EU-designated) Talas Group, owned by
Names (3)
Last name/Name
Damascus Cham Holding
Full name/Name
Damascus Cham Holding
Type
Primary name
Last name/Name
Damascus Cham Private Joint Stock Company
Full name/Name
Damascus Cham Private Joint Stock Company
Type
AKA (also known as)
Last name/Name
Damascus Cham Holding Company
Full name/Name
Damascus Cham Holding Company
Type
AKA (also known as)
Identification documents (1)
Type
Entity Type: Real Estate
Notes (3)
There are reasonable grounds to suspect that they are an involved person under the Syria (Sanctions) (EU Exit) Regulations 2019 because they are or have been involved in activities carried out on behalf of the Assad regime, implementing or connected to the repressive police of that regime and/or involved in supporting or benefitting from the Assad regime.
Damascus Cham Holding Company was established by the 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 confiscated and expropriated land under decree No66 and Law No10 in particular.
Damascus Cham Holding Company was established by the 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 confiscated and expropriated land under decree n°66 and Law n°10 in particular.
Historical data
Names (3)
Status
Historical (last time active at 28.02.2022 05:16)
Last name/Name
Damascus Cham Holding
Full name/Name
Damascus Cham Holding
Type
Prime alias
Status
Historical (last time active at 28.02.2022 05:16)
Last name/Name
Damascus Cham Private Joint Stock Company
Full name/Name
Damascus Cham Private Joint Stock Company
Type
AKA (also known as)
Status
Historical (last time active at 28.02.2022 05:16)
Last name/Name
Damascus Cham Holding Company
Full name/Name
Damascus Cham Holding Company
Type
AKA (also known as)
Identification documents (2)
Status
Historical (last time active at 28.02.2022 05:16)
Type
Org Type: Real Estate Development
Status
Historical (last time active at 28.02.2022 05:16)
Type
Further Identifiying Information: Public-owned company under private law. Names of Director(s)/Management: Adel Anwar AL-OLABI, Chairman of the board of Directors and governor of Damascus. Ultimate beneficial owner(s): Governorate of Damascus. Relatives/business associates/entities or partners/links Mazen Tarazi (EU-designated), businessman Anas Talas (EU-designated), Exceed Development and Investment Company, owned by private investors Hayan Mohammad Nazem Qaddour, and Maen Rizk Allah Haykal (both EU-designated), Khaled Al-Zubaidi and Nader Qalei (both EU-designated) Talas Group, owned by
Updated: 30.04.2025. 10:15
The Sanction catalog includes Latvian, United Nations, European Union, United Kingdom and Office of Foreign Assets Control and Canada subjects included in sanction list.
