The first Syrian-Emirati Investment Forum opened in Damascus this week, marking a significant step toward expanding economic cooperation between Syria and the UAE. Organized by the Syrian Investment Authority, the forum focuses on investment opportunities, development partnerships and the exchange of expertise between the two countries.
The event comes amid improving ties between Damascus and Abu Dhabi following Syrian President Ahmad al-Sharaa’s recent visit to the UAE and a series of meetings with Emirati officials aimed at strengthening bilateral cooperation.
Officials from both countries described the forum as part of ongoing efforts to restore confidence in Syria’s economy and encourage long-term investment partnerships during the country’s reconstruction phase.
Reconstruction and Economic Integration
Syrian Minister of Economy and Industry Nidal al-Shaar said relations between Syria and the UAE are based on mutual respect and a shared vision for development. He added that the forum reflects renewed confidence in Syria and its return to regional and international economic activity.
Talal al-Hilali, head of the Syrian Investment Authority, said Syria has entered what he described as a “new economic path” based on genuine partnerships with investors rather than traditional financing alone. According to Hilali, Syria seeks partners who can contribute to rebuilding the country and shaping its economic future.
He noted that Syrian authorities are simplifying investment procedures, expanding the one-stop-shop system and accelerating licensing processes to support faster project implementation. Hilali also said the UAE’s economic experience could play an important role in developing sustainable projects and strengthening Syria’s productive sectors.
Emirati Interest in Key Sectors
UAE Minister of Foreign Trade Thani bin Ahmad al-Zayudi described relations between the two countries as “unique and special,” adding that the next stage requires broader and deeper economic cooperation.
He said the forum aims not only to increase trade exchange but also to establish joint projects that support development and create value for both economies. According to Zayudi, the UAE hopes to become a strategic partner in Syria’s reconstruction efforts, particularly in infrastructure, energy, local industries and logistics.
Speaking to Levant24, Faisal bin Sulaitin, CEO of the Dubai Economic Security Center, thanked Syria for hosting the event and described the forum as the beginning of a new period of economic activity. He said participants learned more about Syria’s updated investment direction and legal framework, while several promising projects were introduced during the meetings.
Dr. Mazen Derawan, chairman of the Federation of Syrian Chambers of Industry, also welcomed the discussions with Emirati representatives. He noted that Syrians have a long history of working in the UAE and said both countries have broad opportunities for economic integration and cooperation.
Despite ongoing economic challenges in Syria, participants presented the forum as an important foundation for a long-term partnership between Damascus and Abu Dhabi based on shared interests, investment and the exchange of expertise.
