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Arada joins Gulf push into Syria with $7bn project

By CityCalc Newsroom · Tue Sep 01 2026 · Source: AGBI

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…

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…

Curated by CityCalc from AGBI. Read the full article at the source.

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