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UAE and Syria focus on economic stability

UAE and Syria focus on economic stability

The article discusses the evolution of relations between the United Arab Emirates and Syria, as they enter a deeper phase of economic and political rapprochement aimed at enhancing Syria's stability and supporting its institutions. The UAE views investment as part of its support for Syria’s unity and sovereignty, with non-oil trade expected to reach $1.4 billion by 2025. Concrete investments include the development of the Tartous Port valued at $800 million, along with projects amounting to up to $19 billion along the Syrian coast. This cooperation aims to connect Syria with regional and international trade corridors, with expectations of improving the investment climate following the easing of US restrictions and strengthening international confidence in the country’s stability—on the condition that Syria implements reforms to establish a safe and attractive environment for investment.

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