Syria, Qatar Launch Investment Partnership Near Damascus

An investment partnership launch ceremony between Syria and Qatar was held at the Ebla Sham Hotel in Rif Dimashq, under the sponsorship of the Syrian Investment Authority, with official attendance and participation from businessmen and investors from both countries. The event introduced future projects between the two countries aimed at strengthening cooperation and investment opportunities and developing economic relations.

Official Statements

Syrian Investment Authority Director General Ahmad Rawad Ramadan said the launch of the partnership represents a new addition to Syrian-Qatari relations, noting that Syria is entering a broad phase of building and work that opens investment opportunities across various sectors. He added that the success of the coming phase will be measured by the number of projects that actually begin on the ground, stating that the Authority is working to provide investors with an integrated path from concept to implementation.

Glory Holding Group Chairwoman Majd Sharabji said the partnership marks a new beginning in the rebuilding phase, stating that investment in Syria today is an investment in the Syrian people and the country's future. Tamim Holding Group Chairman Sheikh Naif bin Eid Al Thani noted that Syria possesses promising investment fundamentals in real estate, industry, agriculture, energy and technology, adding that the partnership's goals include supporting the Syrian economy and creating direct and indirect job opportunities.

Targeted Sectors

• Tourism, hospitality and related services
• Energy and infrastructure supporting investment
• Real estate development and urban projects
• Sustainable development and projects with economic and social impact
• Initiatives and projects supporting youth and entrepreneurs

Prior Cooperation Steps

Economic cooperation between Syria and Qatar has seen concrete steps in recent months. On May 12, the Syrian Petroleum Company signed a memorandum of understanding with Qatar Energy and two international companies to explore oil and gas in Syrian territorial waters. On May 26, the Syrian Investment Authority held discussions in Doha with the Qatari Businessmen Association on opening new pathways for investment partnerships across various sectors.