Shara' names president for Syrian Sovereign Fund

Syrian President Ahmad al-Sharq announced the appointment of Omar Al-Halabi as Chairman of the Board of the Syrian Sovereign Wealth Fund, which was established in 2025 to manage and invest the country's assets in order to accelerate reconstruction efforts after years of war. Al-Halabi brings over 20 years of experience in economic policies and sovereign investment, having worked with international institutions and investment funds across the Middle East. The fund, which controls assets exceeding the country's GDP and includes assets seized from businessmen close to the regime, plays a key role in the reconstruction efforts, despite criticisms regarding the lack of transparency in its asset management operations.

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