Syria Signs Framework Deal With UAE’s Eagle Hills for Two Property Projects
Syria signed a framework agreement on Monday with the UAE’s Eagle Hills group to develop two major real estate projects.
The planned developments will be located in Damascus and Latakia, bringing the agreement’s scope to both the capital and the coastal city.
The signing comes as Syria’s new authorities step up efforts to attract foreign investment to help finance reconstruction.
The country faces the task of rebuilding after nearly 13 years of war, which left it severely weakened. Securing overseas funding is part of the authorities’ push to support that recovery.
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