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Syria-Lebanon-Iran
UAE group plans $530m Syria projects
2005-08-28
A real estate group based in the UAE will invest some $530m in a series of projects in Syria, including a 50-storey Damascus World Trade Centre.

The Syrian government gave the go-ahead for the trade centre, which will be built at a cost of $120m by Tiger Real Estate, part of the Tiger Group based in the emirate of Sharjah.
Tiger Group deputy general manager Saleh Shereen said the company had received government approval for the first of five projects. "It includes the construction of the Damascus World Trade Centre, a five-star hotel, a shopping mall, residential and office towers, terraces, restaurants, theaters and associated structures," he said.
'cause trade with Syria is so lucrative.
The group, owned by Syrian expatriates, will set up a company in Syria to oversee the project, Shereen said. The Syrian Investment Office licensed the venture, a first such move as Damascus begins to woo foreign direct investment.
If that doesn't severely challenge the gods of irony to kick their ass, I don't know what will.
Posted by:Anonymoose

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