🔶 Eagle Hills to invest up to $17 billion in Syria

Mohammed Alabbar, founder and chairman of Eagle Hills real estate company, said on Wednesday, October 14 (22 Mehr), that the company is considering investing between $16 and $17 billion in Syria.

According to Alabbar, Eagle Hills intends to develop two major projects in Syria. One of these projects will be carried out in Damascus, the Syrian capital, and the other in Latakia, the country’s coastal city. Further details about the timing of the projects, their type of use, or the government and private parties participating in this investment have not been announced.

In addition to serving as chairman of Eagle Hills, Mohammed Alabbar is the executive chairman of Emaar Properties, based in Dubai. Emaar is the company that developed Burj Khalifa, the tallest building in the world.

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