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Syria's Labby Raises $10mn From Gulf Investors in First Foreign Tech Deal

Summary by Bne IntelliNews
Syrian super app Labby has raised $10mn from UAE and Saudi investors, in what officials call the first direct foreign investment in a Syrian technology startup. The ride-hailing and delivery platform was announced at a signing ceremony in Damascus.

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Syria's Labby raises $10mn from Gulf investors in first foreign tech deal

Syrian super app Labby has raised $10mn from UAE and Saudi investors, in what officials call the first direct foreign investment in a Syrian technology startup. The ride-hailing and delivery platform was announced at a signing ceremony in Damascus.

·Berlin, Germany
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Syria's Investment Authority explores cooperation, strategic partnerships in UAE

Abu Dhabi, July 26 (SANA)    Syrian Investment Authority Chairman Talal al-Hilali met during his visit to the United Arab Emirates with representatives of the

·Syrian Arab Republic (the)
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SANA broke the news in Syrian Arab Republic (the) on Sunday, July 26, 2026.
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