Latest news with #MohammadAl-Bashir
Leaders
28-07-2025
- Business
- Leaders
Saudi Arabia, Syria Boost Energy Cooperation
Saudi Arabia and Syria have fostered their cooperation in the energy sector by signing a new memorandum of understanding (MoU) in Riyadh, according to the Saudi Press Agency (SPA). On Sunday, the Saudi Energy Minister, Prince Abdulaziz bin Salman, met with his Syrian counterpart, Mohammad Al-Bashir, in Riyadh. During their meeting, the two ministers explored avenues for bilateral cooperation in various energy fields. They also discussed ways to bolster their ties in petroleum supply, electricity, renewable energy, energy efficiency, and investment opportunities. Furthermore, both ministers discussed how to leverage the Kingdom's expertise in developing projects, policies and regulations in the energy sector to support Syria's development efforts. Following the meeting, the Saudi and Syrian Energy Ministers signed an MoU in the energy sector aimed at promoting cooperation in the fields of petroleum oil, gas, petrochemicals, electricity, power interconnection, and renewable energy. The meeting came on the heels of the Saudi-Syrian Investment Forum, which took place in Damascus on July 24, 2025, with the participation of more than 20 government entities and over 100 leading private companies from Saudi Arabia. Saudi-Syrian Investment Forum: A New Era of Economic Cooperation#Syria #سوريا #سوريا_السعودية_أخوة — Leaders MENA (@leadersmena) July 24, 2025 The forum generated deals worth of SAR 24 billion ($6.4bn) to support Syria's economic recovery and reconstruction. The deals covered the fields of energy, infrastructure, real estate, industry, ICT, finance and banking, health, and agriculture. Moreover, it announced the formation of the Saudi-Syrian Business Council to boost economic cooperation and promote Saudi investments in the promising Syrian market. Short link : Post Views: 33
Saudi Gazette
27-07-2025
- Business
- Saudi Gazette
Saudi Arabia and Syria sign energy cooperation agreement in Riyadh
Saudi Gazette report RIYADH — Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman met with Syria's Minister of Energy Eng. Mohammad Al-Bashir in Riyadh on Sunday to explore opportunities for bilateral cooperation across various energy sectors. During the meeting, both sides discussed ways to strengthen ties in petroleum supply, electricity, renewable energy, energy efficiency, and investment opportunities. The talks also covered knowledge exchange in developing projects, policies, and regulations in the energy sector, with a shared aim of supporting Syria's development efforts. Following the meeting, the two ministers signed a memorandum of understanding between the governments of Saudi Arabia and Syria to enhance cooperation in energy. The MoU outlines joint efforts in petroleum, gas, petrochemicals, electricity, power interconnection, and renewable energy.
Ammon
28-05-2025
- Business
- Ammon
Jordan explores energy investment opportunities with Syria
Ammon News - A Jordanian economic delegation visiting Damascus held talks with Syria's Minister of Oil and Mineral Resources, Mohammad Al-Bashir, to explore opportunities for cooperation in energy projects, particularly in renewable energy. The meeting, attended by Jordan's Chargé d'Affaires in Damascus, Basel Al-Kayed, focused on potential investments in electricity, gas, oil derivatives, mining, engineering consultancy, and clean energy. Discussions aligned with Syria's broader efforts to diversify its energy sources and attract international partnerships. The delegation, headed by Jordan Chamber of Commerce President Khalil Al-Haj Tawfiq, was briefed on Syria's current and planned projects in the electricity, water, and domestic gas sectors. Al-Bashir expressed appreciation for Jordan's longstanding support, including its early role in hosting Syrian refugees and facilitating the delivery of gas to Syria. He described the Jordanian contribution as a reflection of deep, brotherly ties. He also emphasized Syria's openness to expanding investment partnerships, especially in renewable energy, where Jordanian companies have developed notable expertise. Al-Bashir noted that the recent easing of U.S. and European sanctions on Syrian oil institutions could help accelerate the sector's recovery and infrastructure development, potentially paving the way for new investment. Syria is currently reviewing proposals for alternative energy projects with a projected capacity of 300 megawatts. In the coming months, the government is expected to sign agreements with several international companies for projects in oil, renewable energy, and electricity, including plans to build a new oil refinery. Speaking on behalf of the delegation, Al-Haj Tawfiq said the visit reflects the private sector's commitment to redefining the economic relationship between the two countries and supporting Syria's post-crisis recovery. He underscored the importance of drawing on Jordan's experience in renewable energy to support investment, reduce production costs, and spur economic growth. The delegation also included senior representatives from Jordan's trade and industrial sectors. Hassan Al-Hiyari, CEO of the Jordan Petroleum Refinery Company, confirmed the company's readiness to supply fuel to southern Syria, emphasizing Jordan's role in delivering gas at competitive prices. Additional members of the delegation, including representatives from the Irbid Chamber of Commerce and sectors such as electronics, furniture, and water infrastructure, shared proposals for joint initiatives and stressed the value of Jordanian technical expertise in power, water, and sanitation projects.
