Syria’s investment landscape is being reshaped, driven largely by companies from the Gulf.
Our review of 40 MoUs shows disclosed commitments of USD 25.9 billion. Saudi Arabia now leads in the number of MoUs and ranks second in value, with USD 6.4 billion signed during the Syrian–Saudi Investment Forum.
The UAE follows with four companies, including the controversial USD 2 billion Damascus Metro, while Kuwait’s firms disclosed USD 1.1 billion.
Qatar’s engagement stands apart: a Qatar–Turkish–US consortium led by UCC Holding accounts for a whopping USD 11 billion, or 43% of all announced MoUs this year.
Regional influence in Syria is shifting. Do these announcements reflect real investment or simply a new wave of political signaling?
Full analysis in our latest issue.