State bodies

Syrian Sovereign Fund

Created by Decree No. 113 of 2025 and attached to the presidency of the de facto authority.

Also known as

  • Sovereign Wealth Fund

Supported by independent sources

Established by Decree No. 113 of 2025, announced on 9 July 2025, with its own legal personality and attached to the presidency. 1 SANA names Tourism Minister Mazen al-Salhani as its chairman; in August 2026 the fund signed a $7 billion “New Damascus” agreement with the Emirati developer Arada. 2

No decree appointing the fund’s management has been published. Forum organisers named Abraham Succarieh as its director-general in May 2026. 3 4

People and bodies linked to it

Overseen byOfficialPart ofHazem al-SharaaAbraham SuccariehPresidency of the defacto authoritySyrian Sovereign Fund
Legend
  • Supported by independent sources
  • According to testimony
  • Published allegation
  • Person
  • Organisation

Sources

  1. Official record Presidential decree (No. 113 of 2025) establishing a sovereign fund — SANA, July 9, 2025
  2. Official record Syrian Sovereign Fund, UAE Arada Group sign $7 billion New Damascus project — SANA, August 31, 2026
  3. Press Names of the Syrian Sovereign Fund’s leadership and the structure of its assets — Zaman al-Wasl (summarising The Syria Report), May 15, 2026
  4. Press Abu Mariam al-Australi and Syria’s Sovereign Fund: a de facto director without a published appointment — The Syrian Observer, September 7, 2026
  5. Press Syria is secretly reshaping its economy. The president’s brother is in charge. (special report by Timour Azhari and Feras Dalatey; updated 7 August 2025) — Reuters, July 24, 2025