https://arab.news/8tkst
- Group said visit reflects its ongoing strategy to explore new cooperation with Syrian government
- Khalaf Al-Habtoor to visit Syria in coming days
RIYADH: The head of Dubai conglomerate Al-Habtoor Group is set to visit Syria with a delegation of senior executives to discuss potential investments and partnerships with the new government.
According to a statement, the visit reflects the group鈥檚 ongoing strategy to explore new avenues of cooperation with the Syrian government and to assess potential investment opportunities across multiple sectors.
It added that the trip stems from 鈥渁 firm belief鈥� in Syria鈥檚 ability to recover its strength and regional standing and the importance of public-private partnerships in the country鈥檚 rebuilding phase.
The move comes as Syria鈥檚 transitional government, led by President Ahmed Al-Sharaa, pushes economic reforms to attract foreign investment, including privatizations, relaxed trade policies, and major infrastructure deals.
Speaking ahead of the trip, the group鈥檚 Chairman Khalaf Ahmad Al-Habtoor said: 鈥淪yria is a country rich in culture, history, and capable people. We believe in its future potential and are eager to play a role in its revival through meaningful projects that generate employment.鈥�
He added: 鈥淲e look to Syria with great confidence. Its people possess the energy and resilience needed to shape a strong and prosperous future. As an Arab group with deep regional roots, we consider it both a moral and economic responsibility to stand as a partner in rebuilding stable and thriving societies.鈥�
Al-Habtoor Group, a UAE-based multinational with a strong presence in the hospitality, real estate, and automotive industries, has a history of large-scale investments in the Middle East. The move follows the organization鈥檚 recent withdrawal from Lebanon, where it cited instability as a barrier to business.