Saudi Arabia announced major investments in Syria’s telecommunications, energy, and aviation sectors, signalling deepening ties between the two countries. The deals, unveiled in Damascus, include a joint airline, the rehabilitation of Aleppo’s international airport, and a $1bn upgrade of Syria’s telecoms network. They offer a crucial boost to President Ahmed al-Sharaa’s government as it rebuilds after 14 years of civil war and economic collapse. The investments reflect Syria’s geopolitical shift away from Iran and toward Gulf backers, with Riyadh emerging as a leading supporter. The move follows the lifting of the toughest US sanctions in December, easing Syria’s reintegration into the global economy.
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Saudi Arabia announced major investments in Syria’s telecommunications, energy, and aviation sectors, signalling deepening ties between the two countries. The deals, unveiled in Damascus, include a joint airline, the rehabilitation of Aleppo’s international airport, and a $1bn upgrade of Syria’s telecoms network. They offer a crucial boost to President Ahmed al-Sharaa’s government as it rebuilds after 14 years of civil war and economic collapse. The investments reflect Syria’s geopolitical shift away from Iran and toward Gulf backers, with Riyadh emerging as a leading supporter. The move follows the lifting of the toughest US sanctions in December, easing Syria’s reintegration into the global economy.