Doha, July 03 (QNA) - Baladna Company announced that its Board of Directors has approved a USD 250 million investment in an integrated industrial project to produce milk, dairy products, and juices in the Syrian Arab Republic.

In a statement published on the Qatar Stock Exchange (QSE) website on Thursday, the company indicated that the Board of Directors, in its meeting held on Wednesday, approved the minutes of the previous Board meeting and the decisions taken. The company's business and activities for the second quarter of 2025 were also reviewed and discussed. The meeting also reviewed the latest developments in the progress of existing and future projects, and unanimously approved moving forward with an integrated industrial project to produce milk, dairy products, and juices in the Syrian Arab Republic, with an investment estimated at USD 250 million.

The statement added that the company's board of directors unanimously approved the establishment of a subsidiary in the Arab Republic of Egypt, which will provide back-office support services. (QNA)