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Adam Trading and Investment

Known Also As: Adam Trading and Investment LLC;


Country: Syria;


Address: Damascus, Syria;


Organization Type: Real estate activities on a fee or contract basis;


Activities:


Wassim Anwar Al-Qattan is a Syrian businessman who holds several contracts with the Government of Syria to develop government-owned shopping malls and hotel properties in Damascus. Al-Qattan is reportedly tied to powerful regime figures, and the Syrian government has awarded almost all of the recent major real estate projects outside of Marota City in Damascus to him.


Al Qattan also owns 50 percent of Adam Trading and Investment LLC, which acquired a contract from the Damascus governorate in August 2018 to develop and manage the Massa Plaza Mall in Damascus.


Wassim Anwar Al-Qattan and his companies Muruj Cham Investment and Tourism Group, Adam Trading and Investment LLC, and Intersection LLC are being designated pursuant to E.O.13582 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods and services in support of, the Government of Syria.


Muruj Cham Investment and Tourism Group, Adam Trading and Investment LLC, and Intersection LLC are additionally being designated pursuant to E.O. 13582 for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly, Al-Qattan.

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