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Syrian-Saudi Investment Forum kicks off in Damascus
Syrian-Saudi Investment Forum kicks off in Damascus

Al Arabiya

time6 days ago

  • Business
  • Al Arabiya

Syrian-Saudi Investment Forum kicks off in Damascus

The Syrian-Saudi Investment Forum in Damascus kicked off in Damascus on Thursday where billions-worth of agreements are expected to be signed. A senior Saudi delegation led by Saudi Investment Minister Khalid al-Falih arrived in Damascus on Wednesday to take part in the forum, which was launched under the direction of Crown Prince Mohammed bin Salman as part of efforts to help Syria rebuild. The delegation's visit to Damascus reflects Saudi Arabia's support for Syria, Saudi Investment Minister Khalid al-Falih said at the opening of the forum in the attendance of Syrian President Ahmed al-Sharaa. Read more:

Saudi-Syrian Pacts Will Amount to $6 Billion, Minister Says
Saudi-Syrian Pacts Will Amount to $6 Billion, Minister Says

Bloomberg

time6 days ago

  • Business
  • Bloomberg

Saudi-Syrian Pacts Will Amount to $6 Billion, Minister Says

A Saudi-Syrian investment forum in Damascus will include the signing of 44 pacts worth about $6 billion, said Syria's Information Minister Hamza al-Mustafa, as the war-ravaged country tries to revitalize its devastated economy through cooperation with the Gulf kingdom. A 150-person Saudi delegation consisting of businessmen and government officials arrived in Syria on Wednesday to complete the agreements, most of which are expected to be memorandums of understanding and joint projects, according to Saudi media.

Saudi-Syrian Agreements Will Amount to $6 Billion, Minister Says
Saudi-Syrian Agreements Will Amount to $6 Billion, Minister Says

Bloomberg

time6 days ago

  • Business
  • Bloomberg

Saudi-Syrian Agreements Will Amount to $6 Billion, Minister Says

A Saudi-Syrian investment forum in Damascus will include the signing of 44 pacts worth about $6 billion, said Syria's Information Minister Hamza al-Mustafa, as the war-ravaged country tries to revitalize its devastated economy through cooperation with the Gulf kingdom. A 150-person Saudi delegation consisting of businessmen and government officials arrived in Syria on Wednesday to complete the agreements, most of which are expected to be memorandums of understanding and joint projects, according to Saudi media.

Saudi Arabia Poised to Sign $4 Billion Pacts in War-Torn Syria
Saudi Arabia Poised to Sign $4 Billion Pacts in War-Torn Syria

Bloomberg

time22-07-2025

  • Business
  • Bloomberg

Saudi Arabia Poised to Sign $4 Billion Pacts in War-Torn Syria

A Saudi delegation that includes government officials and businessmen will arrive in Damascus on Wednesday on a visit that will include the signing of multiple pacts worth about $4 billion — despite the latest round of violence in Syria and ensuing Israeli airstrikes. Tens of agreements worth more than 15 billion riyals will be signed, Al Ekhbariya reported. The kingdom's delegation will include more than 120 investors from across the business sectors as well as Investment Minister Khalid Al-Falih, according to the Saudi news organization.

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