Baladna and Gurmen Sign Syrian Textile MoU | AI-Generated Image

Baladna Signs MoU With Turkish Gurmen Group to Assess Syria Textile Factory

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Baladna signed a memorandum of understanding with Gurmen Group to research opportunities for developing, building and running a textile factory in Syria. The agreement was inked in Lusail, Qatar by Ramez Al-Khayyat, president of Baladna, and Ramzi Gur, chairman of Gurmen Group’s board of directors. According to a company statement published on the Qatar Exchange, the MoU creates a framework for bilateral cooperation focused on advancing industrial growth, drawing in global expertise and generating fresh prospects for domestic production and jobs across the Syrian market.

The partnership targets contributions to local textiles sector advancement, knowledge sharing, employment creation and capacity building in manufacturing. Baladna Group CEO Marek Warzywoda said in the announcement that the tie-up with Gurmen Group mirrors the company’s dedication to investment prospects that bolster Syria’s economic rebound and growth of its output industries. Warzywoda highlighted encouraging prospects within textiles particularly when international industrial experience merges with on-the-ground abilities.

Under the memorandum both parties will jointly examine the viability of launching and managing the textile facility via a possible shared venture. The statement emphasised that the effort rests on the respective strengths of each organisation to probe competitive industrial openings in textiles capable of satisfying domestic demand while extending into regional and global markets. Baladna operates as a Qatari public shareholding entity active in food industries with expanding international projects.

This latest step fits within Baladna’s wider push into the Syrian market where construction continues on an integrated dairy, juice and packaging plant inside Adra Industrial City. A report by The National stated that Baladna is preparing a $3.3 billion investment covering 2,400 square kilometres of farmland and processing activities that encompass cotton, wheat, textiles and cheese.[[1]](https://www.thenationalnews.com/business/economy/2026/07/31/syria-qatar-euphrates-baladna/) The development, managed through subsidiary Baladna Syria and chaired by Moutaz Al-Khayyat, occupies territory mainly along the Euphrates River Basin in Raqqa and Deir Ezzor governorates equivalent to 1.3 percent of Syria’s total land mass.

Gurmen Group, established in 1972 and headquartered in Istanbul, maintains activities in ready-to-wear apparel, retail sales, energy, agriculture and technology sectors. Company information lists the firm as an early adopter of sustainability measures and the inaugural Turkish participant in the RE-100 renewable energy programme. Its workforce exceeds 500 people with an emphasis on innovation, gender balance and international quality standards.

Baladna’s Syrian undertakings have also included a recent memorandum with GrowFast to nurture agri-food entrepreneurship together with training programmes and a startup contest scheduled to declare winners in May 2027. Separate disclosures indicate the company’s initiatives across dairy rebuilding, strategic crops and related manufacturing could support up to 50,000 positions once fully realised. The Qatar-based group continues to register solid financial results with gross profit rising 18 percent in the first nine months of 2026 while advancing parallel projects in Algeria.

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Financial Arabia NewsDesk is the desk responsible for Financial Arabia's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.