AGP Executive Report
Last update: 4 hours agoTourism Investment: International hotel groups, including Accor and UAE-based Eagle Hills, are exploring expansion in Syria as visitor numbers more than doubled year-on-year to 3.52 million in the first half of 2026. Syrian expatriates made up most arrivals, though continuing security concerns remain a barrier to growth. Energy & Trade: Iraq is pursuing a Mediterranean route for crude exports through Syria as disruption to Hormuz shipping hits oil revenues. The countries have agreed to rehabilitate the Haditha–Baniyas pipeline, with construction potentially beginning in 2027. Investment Ties: UAE-Syria talks are advancing real-estate and development projects, while Saudi Arabia is preparing routes for its companies to enter the Syrian market. The two countries’ central banks have also agreed to cooperate on payments and fintech. Market Risks: Oil prices climbed above $104 a barrel amid shipping attacks and regional tensions, raising fresh risks for energy costs and trade.
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