LBCI

Syria signs agreement with UAE developer Arada for $7 billion real estate project

Middle East News

31-08-2026 | 09:49

Share

Share

Syria signs agreement with UAE developer Arada for $7 billion real estate project

UAE developer Arada signed an agreement with the Syrian Sovereign Fund on Monday to build a real estate project valued at $7 billion, the Syrian state news agency reported.

The project, which will be Arada's first in Syria, will include residential ⁠complexes and health, education and entertainment facilities, the agency said.

The deal with Arada, which is backed by Gulf royals, comes as Syria seeks warmer ties with the UAE, which has moved more slowly than other Gulf countries in expanding ties with the new Syrian ⁠government, led by President Ahmed al-Sharaa.

Reuters

Middle East News

Syria

Agreement

UAE

Developer

Arada

Real Estate

Project

Next

Trump was sending message to Iran with Kharg Island post: Vance

US denies Iran claim that oil tanker hit mines near Strait of Hormuz

Previous

Recommended For You

Israel looks beyond seven fronts as attention turns to Iran

News Bulletin Reports

13:00

Israel looks beyond seven fronts as attention turns to Iran

Explosion near Iraq's Erbil airport hosting US troops: AFP

Middle East News

11:12

Explosion near Iraq's Erbil airport hosting US troops: AFP

European Commissioner discussed EU-Israel relationship, Gaza with Israeli minister

10:43

European Commissioner discussed EU-Israel relationship, Gaza with Israeli minister

Israel army says arrested suspected West Bank assailant at hospital

Middle East News

08:21

Israel army says arrested suspected West Bank assailant at hospital

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Lebanese Army receives 70 containers of ammunition under US aid program

03:48

Lebanese Army receives 70 containers of ammunition under US aid program

Turkey investigates shooting near Israeli consulate in Istanbul

2026-04-07

Turkey investigates shooting near Israeli consulate in Istanbul

Israel issues evacuation warning for Haret Hreik residents in Beirut's suburbs

2026-03-04

Israel issues evacuation warning for Haret Hreik residents in Beirut's suburbs

UN peacekeeping chief in Lebanon says smooth transition is critical before pull-out

2026-09-19

UN peacekeeping chief in Lebanon says smooth transition is critical before pull-out

Videos

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

2026-09-18

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

Aoun arrives at Élysée Palace for meeting with Macron—Video

2026-09-17

Aoun arrives at Élysée Palace for meeting with Macron—Video

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

Most read

24 hours

7 days

Month

Israel looks beyond seven fronts as attention turns to Iran

1

Israel looks beyond seven fronts as attention turns to Iran

Lebanese Army receives 70 containers of ammunition under US aid program

2

Lebanese Army receives 70 containers of ammunition under US aid program

Patriarch Al-Rahi: South Lebanon is Lebanese land, not a bargaining chip

3

Patriarch Al-Rahi: South Lebanon is Lebanese land, not a bargaining chip

Explosion near Iraq's Erbil airport hosting US troops: AFP

4

Explosion near Iraq's Erbil airport hosting US troops: AFP

Israel army says arrested suspected West Bank assailant at hospital

5

Israel army says arrested suspected West Bank assailant at hospital

Italy to ban veils in schools, limit foreign students per class, Meloni says

6

Italy to ban veils in schools, limit foreign students per class, Meloni says

Russia reports mass cyberattacks targeting elections

7

Russia reports mass cyberattacks targeting elections

State media: Iran received information US intends to resume military operations

8

State media: Iran received information US intends to resume military operations

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More