Asia Muslim World Trending Now World

US imposes sanction on Syrian businessman having close ties with Bashar al-Assad

The United States has imposed sanctions on Syrian businessman Samer Foz and his family for close ties with Syrian President Bashar al-Assad.

Washington accuses Samer Fron of making millions by developing properties on land seized from those who have fled the Syrian war.

US State Department said that the sanctions were slapped on Foz, his siblings Amer and Husen, and the family-owned Aman Holding, a company run by the Foz family from the coastal city of Latakia.

Foz-owned ASM International General Trading and its affiliates throughout the Middle East were also included in the sanctions.

The ASM is is involved in grain and sugar trade, and oil field operations.

“Samer Foz, his relatives, and his business empire have leveraged the atrocities of the Syrian conflict into a profit-generating enterprise,” Sigal Mandelker, undersecretary for terrorism and financial intelligence, said in a statement.

The U.S. Treasury said it was also sanctioning Synergy SAL and BS Company, which have imported tens of thousands of metric tons of Iranian oil into Syria.

Dear TNT Reader,

At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.

Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.

But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.

Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.

Monthly Subscription Annual Subscription

Visa Card MasterCard American Express Card

We want to hear your Travel Stories.

Do you have a memorable, unbelievable, or favorite travel experience? Share your story with us.