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The Nexus
BUSINESSJul 16 · 12:42 UTCSEMAFOREd Clowes

UAE developer Alabbar to invest $20B in Syria developments

UAE developer Mohamed Alabbar plans $20 billion in housing, tourism, and education projects in Syria's Damascus and Latakia through his Abu Dhabi-based firm Eagle Hills. The investments align with Gulf efforts to counter Iranian influence in Syria and represent a strategic growth opportunity for UAE developers.

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