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Saudi Arabia keen to strengthen economic ties with Syria, Al-Falih tells investment forum
RIYADH: The Syrian-Saudi Investment Forum has commenced in Damascus, with over 120 investors and executives from the Kingdom’s public and private sectors participating in the event. Speaking at the gathering, Saudi Arabia’s Minister of Investment, Khalid Al-Falih, announced that the forum will witness the signing of 47 agreements and memorandums of understanding, totaling SR24 billion ($6.4 billion).
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arabnews.com
Saudi Arabia announces $5bn in Syria investments
RIYADH: A Saudi delegation visiting Damascus on Wednesday announced investment and partnership deals valued at $5 billion to help rebuild war-battered Syria. The delegation of…
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aljazeera.com
Saudi Arabia pledges $2.9bn for Syria infrastructure, part of wider package
Saudi Arabia has been a major backer of the new Syrian government since the fall of Bashar al-Assad last December.
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Saudi Arabia keen to strengthen economic ties with Syria, Al-Falih tells investment forum
RIYADH: The Syrian-Saudi Investment Forum has commenced in Damascus, with over 120 investors and executives from the Kingdom’s public and private sectors participating in the…
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Saudi Arabia launches $100m tower project in Syria
RIYADH: Saudi Arabia has launched a $100 million real estate project in Damascus, signaling renewed economic cooperation with Syria and growing investor interest in the country’s…
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nytimes.com
Saudi Arabia Pledges to Invest More Than $6 Billion in Syria
The deals highlight the countries’ deepening relationship under the new Syrian government, and a wave of investment in a country squeezed by war and sanctions.
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Saudi Arabia signs $6.4bn investment deals with Syria to boost reconstruction
RIYADH: Saudi Arabia has signed investment deals worth $6.4 billion with Syria, marking a significant step in the Kingdom’s efforts to re-engage economically with the war-ravaged…
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Saudi and Syrian business leaders commit to energy sector revival
RIYADH: Saudi and Syrian business leaders affirmed their readiness to support the redevelopment of Syria’s energy infrastructure following a high-level meeting in Riyadh. The…