LONDON, 2026
AKFA Holding is pleased to announce the signing of a Joint Venture Agreement with Rukaz General Contracting and Real Estate Investment, a Syrian-based construction and real estate firm with a proven track record since 2016.
Rukaz has established itself as one of the region’s most capable real estate developers, delivering projects across commercial, hospitality, and residential segments. Backed by a skilled team of engineers and specialists, the company has consistently met international quality standards while developing an intimate knowledge of the local market.
Through this joint venture, AKFA Holding and Rukaz bring together two complementary strengths: AKFA’s international capital structure, governance standards, and cross-border networks, paired with Rukaz’s licensed contracting expertise and established presence in one of the region’s most dynamic emerging markets.
The partnership is structured to pursue high-value opportunities in real estate development, commercial construction, and infrastructure — creating tangible value for investors and communities alike.
“Rukaz brings the execution depth and local credibility that turns a capital thesis into a physical reality,” said AKFA Holding. “This is a partnership built on proven foundations, and we are committed to it for the long term.”
This agreement extends AKFA’s portfolio into active construction markets while reinforcing its commitment to governance-driven, partnership-led growth across the region.