EU Court upholds Syria sanctions listings of Bena Properties & Cham Holding

The EU General Court has dismissed the annulment applications brought by Bena Properties (Syria’s largest real estate investment company) and Cham Holding (Syria’s largest holding company), in respect of their 2016 – 2018 EU Syria sanctions listings. See judgments: T-412/16 and T-413/16 (16 January 2019). The entities were listed for being controlled by EU-designated Rami Makhlouf, and for funding/supporting the...