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Samer Foz

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Samer Foz
سامر فوز
Born (1973-05-20) May 20, 1973 (age 51)
Latakia, Syria
NationalitySyria
Other namesSamir Foz/Fawz; Samer Zuhair Foz; Samer Foz bin Zuhair
CitizenshipSyria
Turkey
Saint Kitts and Nevis
Known forAman Group; Marota City
RelativesAmer Foz (brother)
Husen Foz (brother)

Samer Foz (Arabic: سامر فوز; born May 20, 1973), also known as Samer Zuhair Foz, is a Syrian businessman with close ties to the Syrian government of Bashar al-Assad.

Business activities

He is the Chairman and General Manager of Aman Holding, which was formerly known as the Aman Group,[1] which owns the Four Seasons Hotel Damascus. The company had bought the stake in the hotel of Saudi prince Alwaleed bin Talal in the hotel while he was detained at the Ritz Carlton during the Saudi purge.[2] The Syrian government is the second largest stakeholder in the hotel.[3][4]

His business interests significantly expanded during the Syrian civil war into aviation, the cable industry, steel,[5] sugar, car assembly and distribution, hotel management, real estate development, pharmaceuticals and banking.[6]

Controversies

Sanctions

He is sanctioned by the European Union[7] and US Treasury [8][9] for having "leveraged the atrocities of the Syrian conflict into a profit-generating enterprise [and being] directly supporting the murderous Assad regime and building luxury developments on land stolen from those fleeing his brutality."[10]

Facilitation of trade with ISIS

Samer Foz reportedly transported grain from Syrian government-controlled areas to territory controlled by ISIS.[11] According to other reports, he also moved wheat from ISIS-controlled areas through Turkey into Syrian regime-controlled territory.[2]

References

  1. ^ "SAMER FOZ | ICIJ Offshore Leaks Database". offshoreleaks.icij.org. Retrieved 2022-07-04.
  2. ^ a b "The men making a fortune from Syria's war". Financial Times. 2019-10-03. Retrieved 2022-07-05.
  3. ^ Rosenthal, Victoria. "Saudi Prince Alwaleed sells Four Seasons Hotel Damascus stake". Hotel Management. Retrieved 26 May 2019.
  4. ^ Foroohar, Kambiz. "How Assad's Allies Got $18 Million From the UN". www.bloomberg.com. Bloomberg. Retrieved 26 May 2019.
  5. ^ Journal, Sune Engel Rasmussen and Nazih Osseiran | Photographs by Youssef Badawi/EPA for The Wall Street (2018-08-12). "Out of Syria's Chaos, a Tycoon Builds a Fortune". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-07-05.
  6. ^ Valeria Talbot (2019). Rebuilding Syria: The Middle East's Next Power Game?. Eugenio Dacrema. OAPEN: Ledizioni. ISBN 978-88-5526-058-9. OCLC 1229501937.
  7. ^ Council Implementing Regulation (EU) 2021/848 of 27 May 2021 implementing Regulation (EU) No 36/2012 concerning restrictive measures in view of the situation in Syria, 2021-05-28, retrieved 2022-07-04
  8. ^ "US Treasury freezes assets of Syrian millionaire". Financial Times. 2019-06-11. Retrieved 2022-07-04.
  9. ^ "Luxury Builder for Assad's Regime Is Hit With U.S. Sanctions". Bloomberg.com. 2019-06-11. Retrieved 2022-07-04.
  10. ^ "Treasury Designates Syrian Oligarch Samer Foz and His Luxury Reconstruction Business Empire". U.S. Department of the Treasury. Retrieved 2022-07-04.
  11. ^ Rasmussen, Sune Engel (2019-01-21). "EU Sanctions Leading Syrian Businessman". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-07-05.


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