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. This partnership enables AKFA to extend its portfolio into active construction and real estate development markets, backed by Rukaz’s established on-the-ground execution capabilities and technical expertise.
RUKAZ
Rukaz General Contracting and Real Estate Investment was established in 2016, specializing in construction services and real estate development. Committed to delivering comprehensive and innovative real estate solutions in both domestic and regional markets, the company boasts extensive experience and high-caliber expertise. Backed by a skilled team of engineers and specialists, Rukaz ensures the delivery of high-quality projects that meet the industry’s highest standards. Since its inception, the company has set a strategic goal: to create sustainable value for both shareholders and clients alike
A Partnership Built on Proven Foundations
Rukaz has built a diverse portfolio spanning commercial developments, hospitality projects, and residential communities, demonstrating the versatility and execution depth that AKFA looks for in its strategic partners. Through this joint venture, AKFA Holding and Rukaz bring together two complementary strengths: AKFA’s international capital structure, governance standards, and cross-border network, paired with Rukaz’s licensed contracting expertise and established presence in one of the region’s most significant emerging markets.
This is not just a business agreement — it is a long-term commitment to delivering real, tangible development in markets that demand both local knowledge and international credibility. Together, we are positioned to pursue high-value opportunities in real estate, commercial construction, and infrastructure development, creating lasting value for investors, communities, and future generations.
