UAE Minister Expects Emaar to Launch Field Operations in Syria Within Months
- Issue 20
By: Yaser Dalal“A developer of Emaar‘s scale moving from political rhetoric and feasibility studies to tangible on-the-ground operations signals strong confidence to regional and international investors.
However, the economic dividend should not be judged merely by the headline value of projects. The real test is whether these investments stimulate local supply chains, generate employment, upgrade basic infrastructure, and deliver housing options aligned with local purchasing power. The concurrent Emirati interest across real estate, free zones, agribusiness, and banking points to a deliberate strategy: establishing an integrated economic footprint rather than pursuing isolated commercial projects.
Ultimately, converting these memoranda into viable assets will hinge on regulatory predictability, enforceable investor protections, accessible project finance, and speed of execution.”