Damascus, May 11 (SANA) The first Syrian-Emirati Investment Forum opened on Monday in Damascus, bringing together government officials and business leaders from Syria and the United Arab Emirates to discuss expanding economic cooperation and investment opportunities.
The forum, organized by the Syrian Investment Authority at the Ebla Cham Hotel in the Damascus countryside, aims to strengthen economic partnership and broaden cooperation in development and production sectors between the two countries.
Speaking during the forum, Syrian Economy and Industry Minister Nidal al-Shaar said the UAE had developed a successful economic model built on efficiency, innovation and the creation of an environment conducive to investment and growth.
Al-Shaar said relations between Syria and the UAE were based on mutual respect and longstanding ties.
“We share a common belief that real development begins with a shared vision between the two countries,” he said.
He described the forum as a sign of renewed regional economic engagement and Syria’s return to broader regional and international economic activity.
Syrian Investment Authority Director General Talal al-Hilali said Syria welcomed Emirati investors and encouraged them to participate in the country’s economic development efforts.
Al-Hilali said the UAE had become a leading regional investment model through rapid implementation, expertise and the development of a competitive business environment.
He added that Syria was entering a new phase requiring stronger economic cooperation to support development and reconstruction efforts.
Al-Hilali said the Syrian Investment Authority had introduced measures in recent months aimed at improving the investment climate, including simplifying procedures, facilitating licensing processes and expanding investor services through a “one-stop-shop” system across Syrian provinces.
He added that authorities were working to accelerate approvals and facilitate project implementation.
R.A/ABD
