Syria partners with UAE firm on $7B real estate

The Emirati company "Arad" signed an agreement with the Syrian Sovereign Fund to implement a real estate project worth $7 billion in Syria, marking the company's first venture in the country. The project includes the development of residential complexes, as well as hospitality, entertainment, education, and healthcare sectors over an area of four million square meters, reflecting a growing Gulf interest in real estate investment in Syria.

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