Syria signs $14bn in investment deals, including airport and subway projects

Reuters
Syrian President Ahmed Al-Sharaa, Syrian Foreign Minister Asaad Hassan Al-Shibani and US special envoy for Syria Tom Barrack pose for a group photo during a signing ceremony of a memorandum of understanding for investment in Syria, in Damascus, Syria August 6, 2025. Reuters
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CAIRO: 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鈥檚 UCC holding, and a $2 billion deal to establish a subway in the Syrian capital with the UAE鈥檚 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 黑料社区 as it seeks to rebuild after a 14-year civil war.
 

Topics: Syria