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Sovereign fund to develop New Damascus
The Sovereign Fund signed an agreement to develop the New Damascus project, aiming to improve infrastructure and expand the city by 2026. The project includes a plan to modernize residential areas and public services, as part of the government's efforts to boost economic growth and restore stability after years of challenges. The initiative focuses on attracting investment and enhancing living standards in the Syrian capital, amid challenges related to funding and implementation in the coming years.
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