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

UAE says stands in solidarity with Saudi after airport attack

Middle East News

07:17

UAE says stands in solidarity with Saudi after airport attack

Yemen's Houthis renew warning to airlines, travelers against using Saudi airports

Middle East News

05:53

Yemen's Houthis renew warning to airlines, travelers against using Saudi airports

Iraq denounces Saudi airport attack, urges end to military operations

Middle East News

05:16

Iraq denounces Saudi airport attack, urges end to military operations

Western diplomat to AFP: Several embassies advising staff against using Riyadh airport for a week

Middle East News

13:04

Western diplomat to AFP: Several embassies advising staff against using Riyadh airport for a week

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Magnitude 4.5 earthquake off Sidon felt across Lebanon and Syria

2026-04-06

Magnitude 4.5 earthquake off Sidon felt across Lebanon and Syria

Pope Leo announces scholarships for Christian students in Lebanon, Syria and Iraq

05:24

Pope Leo announces scholarships for Christian students in Lebanon, Syria and Iraq

Son of Iran's late shah issues 'urgent' call for Trump to intervene

2026-01-09

Son of Iran's late shah issues 'urgent' call for Trump to intervene

Army chief Haykal tours southern Lebanon, meets residents and soldiers

2026-07-31

Army chief Haykal tours southern Lebanon, meets residents and soldiers

Videos

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

News Bulletin Reports

2026-10-09

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

News Bulletin Reports

2026-10-08

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

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

Most read

24 hours

7 days

Month

People being evacuated from Riyadh airport: Three witnesses to AFP

1

People being evacuated from Riyadh airport: Three witnesses to AFP

After Trump’s decision, when will direct flights between Lebanon and the US resume?

2

After Trump’s decision, when will direct flights between Lebanon and the US resume?

Inside Lebanon’s human smuggling routes along the Syrian border

3

Inside Lebanon’s human smuggling routes along the Syrian border

Doctors being called to hospitals across Riyadh for 'serious emergency situation:' AFP

4

Doctors being called to hospitals across Riyadh for 'serious emergency situation:' AFP

Eritrea urges UN to condemn Ethiopia's 'declaration of war'

5

Eritrea urges UN to condemn Ethiopia's 'declaration of war'

Western diplomat to AFP: Several embassies advising staff against using Riyadh airport for a week

6

Western diplomat to AFP: Several embassies advising staff against using Riyadh airport for a week

Five people in intensive care after being wounded at Riyadh airport: AFP

7

Five people in intensive care after being wounded at Riyadh airport: AFP

Operations at Riyadh airport suspended after attack: Saudi civil aviation authority

8

Operations at Riyadh airport suspended after attack: Saudi civil aviation authority

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