The Syrian-Qatari Holding Company (SQHC) is a holding company

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 founded in 2008 and based in Damascus that is equally owned by the governments of Syria

Syria

Syria , officially the Syrian Arab Republic , is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest....

 and Qatar

Qatar

Qatar , also known as the State of Qatar or locally Dawlat Qaṭar, is a sovereign Arab state, located in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its...

. With a declared capital of USD 5 billion it is Syria's largest holding company. The company has invested or plans to invest, among others, in power generation, agriculture, dairy and juice manufacturing, phosphate fertilizers, health care, real estate, financial services and fuel distribution. In October 2009 it signed a Memorandum of Understanding with the Syrian Ministry of Housing and Construction to invest in wastewater treatment. Qatar’s shares are held by Qatar Investment Authority

Qatar Investment Authority

The Qatar Investment Authority is Qatar's sovereign wealth fund, specializing in domestic and foreign investment. It was founded in 2005 to manage the oil and natural gas surpluses by the Government of Qatar...

.