D(ominus) n(oster) Imp(erator) Caes(ar)
M(arcus) Iul(ius)
Philippus
Pius Fel(ix)
Aug(ustus)
Sept(imia) colonia Ty[ro]
metrop[ol]i
[... mille pa]ssus
Which means
To our lord, Imperator Caesar Marcus Julius Philippus
the pious one, the fortunate one,
Augustus.
To the Septimian colony of Tyre,
the metropole [dedicated this milestone]
... miles.