Minister of Investment: 47 agreements will be signed with Syria worth 24 billion riyals

Engineer Khalid Al-Falih, Minister of Investment, confirmed that the Kingdom will sign 47 agreements with Syria worth 24 billion riyals. This came during his speech at the Saudi-Syrian Investment Forum in Damascus, attended by Syrian President Ahmed Al-Sharaa.

He explained that more than 500 business leaders have requested to participate in investing in Syria, announcing the signing of real estate development agreements worth 11 billion riyals.

He indicated that major Saudi telecommunications companies and Elm Company will sign joint agreements with the Syrian side worth 4 billion riyals.