Saudi Arabia will strengthen Syria with new $ 5.6 billion investments

Saudi Arabia announced yesterday, Wednesday, that the signing of agreements with Syria, which include investments and corporate partnerships totaling $ 5.6 billion in various sectors. The initiative is part of the efforts to rebuild the Syrian economy, which has been severely hit by the many years of war. Riyadh is one of the main supporters of the new Syrian authorities, who occupied power in December when they overturned former President Bashar al -Assad after 14 conflict. Multiple Saudi mission, consisting of about 150 public and private representatives, led by Saudi Investment Minister Haled al -Falech, arrived in Damascus yesterday, according to the Saudi Ministry of Investment and the State TV network. He will participate in a bilateral investment forum today, a ministry spokesman explained to the French Agency. There will be various agreements and protocols that “will contribute directly to the development of Syria” during the event, according to a press release from the Ministry. Investments announced, value ’21 […]
Source: News Beast

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