Syria’s stock market stops trades of Rami Makhlouf’s telecom company
The company, owned by President Bashar al-Assad's embattled cousin, has been suspended from the exchange indefinitely.
Syria’s stock market announced today that it would stop trading shares of Syriatel, the country’s largest telecommunications company, which is owned by Bashar al-Assad’s embattled cousin Rami Makhlouf.
Syria’s Commission of Financial Markets said the suspension would last indefinitely and was designed to protect shareholders, The Associated Press reported.
