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المشهد العربي
Real Estate Firm Aims to Partner with Syrian Sovereign Fund for New Damascus
Arad Real Estate Development Company, based in Sharjah, has signed an agreement with the Syrian Sovereign Fund to implement the "New Damascus" project, with an investment of nearly $7 billion over an area of up to 4 million square meters. The project aims to create a modern city that includes approximately 11,000 diverse housing units, as well as educational facilities, a hospital, commercial and hotel sectors, and a central public park, all to enhance infrastructure and provide a range of services for the residents of the new city in Damascus.
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