Company Overview
The Syrian Sovereign Wealth Fund was established by presidential decree in June 2025, headquartered in Damascus with direct reporting to the Presidency. The fund was created to attract foreign capital and manage state assets following 13 years of war. The fund manages assets recovered from businessmen within the former regime's economic network and has expanded into telecommunications, industry, property and services.
According to reports, the fund controls assets estimated at around $50 billion and employs more than 270 people directly, with businesses linked to it employing over 40,000 people. The fund owns approximately 2,000 properties and manages over 70 million square meters of land allocated for development across 47 sites. Its portfolio spans telecommunications, industrial facilities, real estate, banking stakes, and major development projects valued at approximately $100 billion.
Recent Leadership News
On October 18, 2026, Syrian President Ahmed Al-Sharaa appointed Omar Al-Halabi as chairman of the sovereign wealth fund's board of directors.
Facts compiled by Executive Moves from publicly available news and press releases on 19 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
To upgrade to a Premium Profile reach out to us at info@executive-moves.com.
Are you on the Syrian Sovereign Wealth Fund team?
This is a Light company page, auto-generated from public news coverage. Claim it to verify the company description, add logo and links, and control how your organisation is represented on Executive Moves.
Claim this company →
