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Syria and Saudi Arabia sign multibillion-dollar investment deals to...

Syria and Saudi Arabia have signed a series of multibillion-dollar investment deals aimed at revitalizing Syria's economy after years of conflict. The agreements include a major telecommunications project, the launch of a new low-cost airline, and the development of an international airport in Aleppo. The telecommunications initiative, valued at nearly $1 billion, is expected to transform Syria into a key hub for internet connectivity between Asia and Europe. Additional deals cover water and energy projects, as well as the launch of 45 development initiatives between the two countries. These investments follow the lifting of most Western sanctions after a change in Syria's leadership, opening the door for renewed economic cooperation.

Original article source: https://www.dailymail.co.uk/wires/ap/article-15538153/Syria-Saudi-Arabia-sign-multibillion-dollar-investment-deals-boost-economy.html
Source Id: 2026-02-973821044

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