Mazen Al-Tarazi Explained

Mazen Al Tarazi
Native Name:مازن سمير الترزي
Native Name Lang:ar
Birth Name:Mazen Samir Tarazi
Birth Place:Saidnaya, Syria
Nationality:Syrian
Citizenship:Syria - Canada

Mazen Samir Al-Tarazi (; born 1962), also known as Mazen Al Tarazi and Mazin Al Tarazi, is a Syrian-Canadian businessman with close ties to the Syrian government of Bashar al-Assad. He has significant activities in the media sector in Kuwait. He is the founder and CEO of Marketing Group for Advertising, Publishing and Distribution and the Dar al-Hadaf Newspaper Company, which he founded with Kuwaiti businessman Ahmed Al-Jarallah. Until December 2022, he was a board member of Dar Al Seyassah Company for Printing, Publishing and Distribution WLL in Kuwait, the publisher of the Arab Times and Al-Seyassah newspapers. He is sanctioned by the United Kingdom and EU for his material support to the Syrian regime of Bashar al-Assad.[1] [2]

Background

Al-Tarazi was born Mazen Samir Tarazi was born in Damascus in 1962, and he started his career in Kuwait as a printing press worker at Al Anba and Al Rai newspapers, then as a manager at Al Waseet classified advertising paper owned by Syrian businessman Bashar Kiwan. He then became a manager at Al-Seyassah. He later partnered with the owner of Al-Seyassah, Kuwaiti businessman Ahmed Al-Jarallah, to launch weekly magazine Al-Hadaf operating under Dar al-Hadaf Newspaper Company.[3] [4] [5] He was named in the Panama Papers as the sole owner of First Kingston Investments Ltd., registered in the British Virgin Islands.[6] He is partner in Al-Waseet classifieds paper in Jordan with Syrian-French businessman Bashar Kiwan[7]

Al-Tarazi developed close ties to the Syrian regime of Bashar al-Assad. He was relatively unknown in Syria until 2014, when he provided a private plane to transport Syrians from Kuwait to Syria to vote for Bashar al-Assad in presidential elections. In 2015, he acquired the Sheraton Ma'aret Sednaya Hotel & Resort. In 2017, his company National Airline Company LLC was granted a license for Syria's second private airline, Alwataniya Air.[8] [9] [10]

Al-Tarazi partnered with Damascus Governorate and Damascus Cham Private Joint Stock Company in reconstructing a new city, Marota City, in the Basateen al-Razi area in the Mezzeh district of Damascus, in two projects. The first is a $250m, 120,000 sqm shopping mall and six other buildings, and the second are give properties worth $70m.[11]

Controversies

Sanctions

In 2019, Al-Tarazi was sanctioned by the European Union.[12] In 2020, he was sanctioned by the United Kingdom "benefitting from and/or supporting the Syrian regime."[13] In 2021, the EU General Court dismissed an application by Mazen Al Tarazi to annul his inclusion in the Syria sanctions list.[1] [14]

Arrest in Kuwait

In March 2019, Kuwaiti authorities arrested Al-Tarazi and four employees of Al-Hadaf Magazine after the magazine's headquarters were raided, reportedly on charges of money laundering and publishing without a license.[15] In March 2019, the Arab Times, owned by Al-Tarazi's business partner, Ahmed Al-Jarallah, published an article describing the allegations of money laundering against of Al-Tarazi as "concocted lies, as several bloggers have raised unfounded allegations in the past against notable personalities in the country, which clearly damaged their reputations and defamed their personalities".[16] In December 2022, Al-Jarallah released a statement in his newspaper, the Arab Times announcing his "severance of any relationship with the so-called Mazen Al Tarazi".[17]

References

  1. Web site: KC . Maya Lester . 2021-04-30 . EU Court upholds listing of a Syrian businessman . 2022-12-22 . EU Sanctions . en-GB.
  2. Web site: Mazen Al Tarzi Kuwait Decypha - Don't miss any updates from Decypha. Get your account today to stay up-to-date with your interest! . 2022-12-22 . www.decypha.com . English.
  3. Simeon Djankov, Caralee McLiesh, Tatiana Nenova, Andrei Shleifer. (October 2003). "Who Owns The Media?" Journal of Law and Economics, XLVI(2). Media data country files.
  4. http://www.arabpressnetwork.org/newspaysv2.php?id=105 Arab Press Network: Kuwait
  5. Seale, Patrick. Abu Nidal: a gun for hire. Random House, 1992. p. 130
  6. Web site: MAZIN AL-TARAZI ICIJ Offshore Leaks Database . 2022-12-22 . offshoreleaks.icij.org.
  7. Web site: Significant Economic Cooperation Between The Syrian Regime and Iran During 2018-19 . 2021-03-25 . omranstudies.org . en-gb.
  8. Al-Lababidi . Mahmoud . April 2019 . Damascus Businessmen: The Phantoms of Marota City . European University Institute, Wartime and Post-Conflict in Syria (WPCS).
  9. Web site: Syrian businessman seeks to establish own airline . 2022-12-22 . ch-aviation . en.
  10. Book: Valeria Talbot . Rebuilding Syria: The Middle East's Next Power Game? . 2019 . Ledizioni . Eugenio Dacrema . 978-88-5526-058-9 . OAPEN . 43 . 1229501937.
  11. Book: Vignal, Leïla . War-torn: the unmaking of Syria, 2011-2021 . 2021 . 978-1-78738-579-5 . London . 1273337356.
  12. News: Syria is ready to court investors, but Europe wants to prevent that . en-US . Washington Post . 2022-12-22 . 0190-8286.
  13. Office of Financial Sanctions Implementation, HM Treasury -- CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1093776/syria.pdf
  14. Web site: CURIA - List of results . 2022-12-22 . curia.europa.eu.
  15. News: 19 March 2019 . Syrian businessman linked to Bashar Al Assad arrested in Kuwait . .
  16. Web site: 2019-03-21 . Mazen Al-Tarazi set free without bail . 2022-12-22 . ARAB TIMES - KUWAIT NEWS . en-US.
  17. Web site: Severance of Relationship with Mazen Al Tarazi . 2022-12-22 . Twitter . en.