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  3. Arada joins Gulf push into Syria with $7bn project

AGBI

Arada joins Gulf push into Syria with $7bn project

Arada has launched a joint venture with Syria’s sovereign wealth fund to build a new city outside Damascus, becoming one of the first UAE developers to enter the country since the fall of the Assad government. The AED25.7 billion ($7 billion) project is a significant wager on Syria’s chronic housing shortage and reconstruction, as foreign […]

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By AGBI

1 September 2026|1 min read
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Arada joins Gulf push into Syria with $7bn project
Arada joins Gulf push into Syria with $7bn project
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