Kuwaiti investors acquire Syrian duty-free from Makhlouf family ...

"Kuwaiti investors acquired duty-free shops operated at airports, ports and border crossings in Syria, according to a statement posted on the website of Syria Duty Free Ltd. The previous owners included the Makhlouf family, whose members were covered by recent U.S. and European Union asset sanctions related to human-rights abuses in Syria. The investors, who were not identified, bought all the shares in the company including those held by Sunset Ltd. and Dawn Ltd. and plan to disclose more information about the transaction, Syria Duty Free said in the statement dated May 20."