Syria signed 12 investment deals worth $14 billion on Wednesday in a ceremony attended by interim President Ahmed al-Sharaa, including infrastructure, transportation and real estate projects aimed at reviving the war-damaged economy.
A general view shows the main entrance of Damascus International Airport in Damascus, Syria, June 30, 2025. Reuters
Syria signed 12 investment deals worth $14 billion on Wednesday in a ceremony attended by interim President Ahmed al-Sharaa, including infrastructure, transportation and real estate projects aimed at reviving the war-damaged economy.
The agreements included a $4 billion deal for building a new airport in Damascus signed with Qatar's UCC holding, and a $2 billion deal to establish a subway in the Syrian capital with the UAE's national investment corporation.
Other major developments include the $2 billion Damascus Towers project signed with Italy-based UBAKO.
In July, Syria signed $6.4 billion of investments with Saudi Arabia as it seeks to rebuild after a 14-year civil war.
Reporting by Ahmed Elimam and Ahmed Tolba
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Ankara rejected on Wednesday what it called the "prejudiced and unfair" stance of the European Union towards fundamental rights and the judiciary in Turkey, and regarding Cyprus, contained in the bloc's report on EU membership candidates.
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