Naguib Sawiris met with the Syrian public works and housing minister in Damascus to discuss cooperation and investment in housing and urban development, positioning himself for a role in Syrian reconstruction.
Egyptian business magnate Naguib Sawiris met in Damascus with Syrian Public Works and Housing Minister Mustafa Abdel Razzaq to discuss investment opportunities in Syria's housing and urban development sector. According to the report, Sawiris presented his companies' experience in real estate projects abroad and expressed interest in bringing that expertise to Syria. The Syrian minister emphasized the importance of leveraging international experience for reconstruction and rebuilding programs, especially in housing and reducing the apartment shortage. The sides agreed to continue coordination and hold professional meetings to examine investment opportunities, focusing on several Syrian provinces, including the eastern region. The meeting reflects growing interest by regional business figures in Syria's post-conflict reconstruction, though no concrete agreements or financial commitments have been announced.
2 developments
- DevelopingEgypt's Sisi hosts Saudi, Pakistani, Turkish FMs for US-Iran mediation talks
- DevelopingSyrian President Ahmad al-Sharaa meets Egyptian businessman Naguib Sawiris in Damascus
- DevelopingEgypt's intelligence chief in Tripoli for Libya unity talks
- DevelopingSecretary of State Rubio to visit Middle East next week, Axios reports
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