AGP Executive Report
Last update: 4 hours agoEnergy Services: Saudi Arabia’s TAQA is establishing operations in Syria as it expands its oilfield services business across the region. Local Startups: Damascus home-maintenance platform Salehli secured $100,000 from EBLA Ventures to add electronic payments, pursue business clients and expand to more Syrian cities. Oil Imports: Syria has reopened a formal banking channel for Saudi petroleum purchases, including its first U.S. bank letter of credit for oil imports in 14 years; 15 fuel tankers are reportedly awaiting entry at Syrian ports. Construction: UAE developer Eagle Hills has launched projects in Damascus and Latakia, while disputes over expropriated land are fueling protests and calls for clear property rules before redevelopment proceeds. Trade: Jordanian exports to Syria rose 33.8% in the first seven months of 2026, even as regional disruption raised transport and insurance costs.
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