Rebuilding Syria's Financial Backbone: One Fund's Blueprint from Amman

On September 21–22, the Central Bank of Jordan, the Union of Arab Banks (UAB), the Association of Banks in Jordan and the Jordanian Businessmen Association convened the Arab Regional Conference on Supporting Development & Investment in Syria. Dr. Adel Al-Sharkas, Governor of the Central Bank of Jordan, presided.

More than 309 participants attended, including government officials and representatives from central banks, commercial banks, the World Bank and UNDP. Together, they explored how the region can help Syria reconnect with Arab and international financial networks.

Among the invited guests, New York-based EssentaTor Inc. presented its EssentaTor Arab Capital Strategic Liquidity Fund, or EAC Fund. UAB also gave the company an "Acknowledgment and Appreciation" for its contribution.

Howard Chang, EssentaTor's Chief Strategy Officer and a former United Nations diplomat, delivered the keynote. He aimed to turn reconstruction needs into investable structures.

First, the fund is exploring liquidity mechanisms with central banks, which would bridge long-term development assets and investors' short-term liquidity needs. Second, it seeks to ring-fence construction, market, counterparty and liquidity risks through transparent governance.

Third, the EAC Integrated Investment and Growth Framework would link capital with technology, industrial capacity and operating expertise. Consequently, projects could connect with suppliers, logistics, training and regional value chains.

Ultimately, the EAC Fund wants to unite banks, development institutions, investors and industrial enterprises. By doing so, it hopes to mobilize long-term capital, support employment and foster sustainable growth in Syria.

Sand, Steel, and a New Skyline: Robo.ai Breaks Ground in Umm Al Quwain

Robo.ai Inc. just held a groundbreaking ceremony in Umm Al Quwain, UAE, marking Phase I of the ALIF Holding Group Industrial Park. This first phase spans roughly 8,845 square meters and will refurbish existing factory space.

Consequently, the park will support local manufacturing for ALIF Holding's industrial projects, while registration of the site's owning subsidiary moves through approval channels.

For Robo.ai, this park anchors its advanced manufacturing strategy. It enables commercialization with government and infrastructure customers alike.

Meanwhile, it strengthens the company's intelligent infrastructure ambitions across the UAE.

First up is Alif Maritec, focused on maritime security. Its portfolio covers oil spill response, desert border security, and AI-enabled infrastructure monitoring.

Therefore, Phase I will house manufacturing and integration for these very systems.

H.E. Dr. Ahmed Naser Al-Raisi and Emirati royals attended the ceremony. "This marks a new beginning for ALIF in the industrial sector," said CEO Dr. Jasem Al Mansoori.

Ultimately, three phases will unfold gradually, with at least three companies expected onsite by 2026.

Wings of Opportunity: Falcon Technic and Royal Jordanian Air Academy Team Up to Launch Tomorrow's Aviation Stars

Great things happen when the right people come together, and that's exactly what's unfolding here. Falcon Technic, part of Alex Group Investment, has signed a Memorandum of Understanding (MoU) with the Royal Jordanian Air Academy (RJAA) to support the development of the next generation of aviation professionals.

As a result, students and fresh graduates interested in becoming Aircraft Maintenance Engineers will soon have access to internship opportunities with Falcon Technic, opening doors that once felt out of reach.

So what does this actually look like in practice? The programme will give participants the chance to gain real hands-on experience, work alongside experienced aviation professionals, and better understand the day-to-day requirements of the industry.

Meanwhile, it will also help connect academic learning with practical experience, potentially opening the door to future career opportunities for strong-performing candidates.

Naturally, leadership shares this excitement. Sultan Rashit Shene, Founder and Chairman of Alex Group Investment, explained that young people represent aviation's future, and that giving them real opportunities to learn and grow truly matters. He added that the partnership centers on building confidence and skill in tomorrow's talent.

Ultimately, by combining RJAA's educational strength with Falcon Technic's technical expertise, both organisations are preparing young professionals for lasting careers—while investing in people and the industry's long-term growth.