Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Ghaith Alsayed

Syria and Saudi Arabia sign multibillion-dollar investment deals to boost economy

Syria Saudi Arabia - (Copyright 2026 The Associated Press. All rights reserved)

Syria and Saudi Arabia signed multibillion-dollar investment agreements on Saturday, including a major telecommunications project, a low-cost joint airline and an international airport in northern Syria.

Syria is trying to improve its economy after a long war that killed nearly half a million people and caused widespread destruction. Most of the crippling Western sanctions on Syria were lifted after a new leadership took power following the ouster of former President Bashar Assad in December 2024, opening the way for investments to flow into the country.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.