A Saudi delegation visits Damascus for the Saudi-Syrian Investment Forum, signaling strengthened economic ties.

A high-ranking Saudi delegation, steered by Minister of Investment Khalid Al-Falih, touched down in Damascus on Wednesday to participate in the Saudi-Syrian Investment Forum. This notable engagement marks a pivotal step toward mending and enhancing economic connections between the two nations.

Under the auspices of Crown Prince Mohammed bin Salman, this delegation includes over 130 Saudi businessmen and investors, underscoring a robust commitment to aiding Syria’s economic resurgence. Their visit signifies substantial official and commercial interest in advancing Syria's developmental trajectory.

Reports from Syria's state news agency highlight that the delegation will focus on identifying investment opportunities, promoting bilateral agreements, and addressing challenges that investors face. This initiative is aligned with Saudi Arabia’s comprehensive strategy to bolster its historical and brotherly relations with Syria.

The Ministry of Investment, working alongside the Federation of Saudi Chambers, spearheads this mission, aiming to usher in Saudi private sector participation in Syria’s reconstruction efforts. As part of this strategy, interested companies are being identified, and workshops are underway to ensure preparedness for investment opportunities.

A cornerstone of this visit is the Saudi-Syrian Investment Forum, set to announce collaborative projects, investment agreements, and memoranda of understanding. These endeavors signal both nations' serious commitment to forging a sustainable economic partnership. Through these efforts, economic bridges between Riyadh and Damascus are being rebuilt and strengthened.