Last Updated: June 9, 2024

Rawafid Damascus Private Joint Stock Company


Rawafid Tributary Damascus Private Joint Stock Company; Rawafed Tributary Damascus Private Joint Stock Company; Rawafed Damascus Private Joint Stock Company


Damascus, Syrian Arab Republic

Linked to

Official reason

A USD 48,3 million joint venture between Damascus Cham Holding, Ramak Development and Humanitarian Projects, Al-Ammar LLC, Timeet Trading LLC (a.k.a. Ultimate Trading Co. Ltd.) and Wings Private JSC. Rawafed supports and/or benefits from the Syrian regime, including through its participation in the regime-backed luxury development Marota City.

Other Information

(Designation details: date of listing: 21.01.2019)

Date of listing


Program information




Restrictive measures against Syria


EU country specific

Target State



Asset freeze and prohibition to make funds available, Restrictions on admission

Sanctions Portfolio

- All assets of the listed persons and entities should be frozen. It is also prohibited to make any funds or assets directly or indirectly available to them. - Member States shall enforce travel restrictions on persons listed in the Annex I of Council Decision 2013/255/CFSP.

Official Information

On 27 May 2013, the Council of the EU adopted conclusions in which it condemned the violence and the continued widespread and systematic gross violations of human rights in Syria, the massacres committed by the Syrian armed forces and its militias, all instances of hostage taking of peacekeepers, and the atrocities committed by the Syrian regime. I...

Program URL