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Large New Transport Company for Palestine and Syria Formed

August 30, 1926
See Original Daily Bulletin From This Date

(Jewish Telegraphic Agency Mail Service)

A new transport company between Mediterranean ports and Bagdad will be established shortly.

It is reported from London that a group of leading banks comprising the Ottoman Bank, the Imperial Bank of Persia, the Bank of Paris and Holland, the Credit Foncier of Algeria, the Messageries Maritime Company, the Anglo-Persian Petroleum Company, and Messrs. Stern Brothers are forming an Anglo-French company to take over the services of the Nairn Transport Company and the Eastern Transport Company between Mediterranean ports and Bagdad. The company, it is said, will receive mail service for the British and French Governments.

New types of cars, of the six-wheel kind and of luxurious interiors, are to be used. A modern hotel will be erected in the desert between Bagdad and Damascus. An electrical lighting plant and a refrigerator are to be installed.

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