• A Saudi delegation, led by Minister Khalid Al-Falih, signs agreements worth $6.4 billion in Syria.
• The investments cover diverse sectors including real estate, telecommunications, and energy.
• 47 agreements are set to create tens of thousands of jobs as Syria rebuilds after civil conflict.

A Saudi delegation, led by Investment Minister Khalid Al-Falih, has arrived in Syria to sign a series of investment agreements worth an estimated $6.4 billion, marking a significant step towards economic recovery post-civil war. The agreements were announced during the Syrian-Saudi Investment Forum held in Damascus, which aims to revitalize various sectors within Syria's war-torn economy, according to aa and trtglobal.

The investment deals encompass a wide range of areas, including real estate, telecommunications, and finance, and are expected to generate about 50,000 job opportunities across Syria’s provinces. Al-Falih stated that 47 agreements worth approximately 24 billion Saudi riyals (around $6.4 billion) would be signed, as the forum reflects Saudi Arabia's commitment to supporting Syria’s interim government led by President Ahmad al-Sharaa, according to reuters and africanews.

This initiative follows the lifting of U.S. sanctions by President Donald Trump, a move influenced by Saudi Arabia's appeal for Syria's reintegration into the global economy. The financial endeavors are supported by major business entities, facilitating critical infrastructure projects amid the ongoing reconstruction needs estimated at $250 billion, according to trtglobal and reuters.

The forum marks a pivotal moment in Saudi-Syrian relations, particularly after Saudi Arabia's historical support for al-Sharaa's government, established following the removal of longtime ruler Bashar al-Assad. Analysts view these agreements as essential to stabilizing and empowering Syria's economy amid existing challenges such as sectarian violence and international skepticism towards reconstruction efforts, according to africanews and reuters.