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Economy

$6.4 Billion Agreements to Be Signed at Saudi-Syrian Investment Forum

Saudi Investment Minister Khalid Al-Falih announced that the Saudi-Syrian Investment Forum, currently taking place in Damascus, will see the signing of 47 agreements and memorandums of understanding worth around $6.4 billion (24 billion SAR).

The deals signal a renewed strengthening of economic ties between the two countries and include a key MoU between the Saudi Tadawul Group and the Damascus Securities Exchange to enhance cooperation in financial technology and market infrastructure.

Al-Falih also noted upcoming investments in vital sectors such as energy, real estate, industry, infrastructure, finance, healthcare, agriculture, ICT, construction, and education.

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