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عكس السير
Syrian Reconstruction Funds Under Scrutiny
The article focused on the Syrian authorities' efforts in reconstruction and investment after more than 13 years of civil war. It highlighted the launch of a sovereign fund headed by Ahmad al-Shar'a to attract capital from the Gulf, Europe, and Asia for real estate and entertainment projects in Damascus. These projects include the development of strategic areas, such as the abandoned General Staff headquarters, along with residential, hotel, and entertainment ventures, valued at over twenty billion dollars. Since 2025, there have been memoranda of understanding signed with international companies. However, these initiatives face criticism regarding a lack of transparency and unclear management, with concerns about potential repetition of crony capitalism models—particularly in the management of state-owned assets and investments.
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