Syria signs $14B in investment deals to rebuild economy

Syria signed 12 investment agreements worth $14 billion, marking a significant step in its efforts to rebuild its war-torn economy. The deals were signed at a ceremony attended by interim President Ahmed al-Sharaa and involve large-scale projects across infrastructure, transportation, and real estate sectors.

1news.media reports that among the most notable agreements is a $4 billion deal with Qatar’s UCC Holding to construct a new airport in Damascus. Additionally, the UAE's National Investment Corporation signed a $2 billion agreement to build a subway system in the Syrian capital.

These transportation projects aim to modernize urban mobility and attract international commerce.

Another major deal includes the $2 billion Damascus Towers real estate project, signed with Italy-based UBAKO, signaling renewed foreign interest in Syria’s urban development. These investments follow a $6.4 billion agreement with Saudi Arabia in July, suggesting growing regional and international willingness to support Syria’s post-war reconstruction after a devastating 14-year civil war.