Saudi Gazette report

DAMASCUS — A high-level Saudi delegation led by Minister of Investment Khalid Al-Falih arrived in Damascus on Wednesday to participate in the Saudi-Syrian Investment Forum, marking a major step in restoring economic ties between the two countries.

The visit, organized under the directive of Crown Prince Mohammed bin Salman, includes more than 130 Saudi businessmen and investors, reflecting strong official and commercial interest in supporting Syria’s economic recovery.

According to Syria’s state news agency, the delegation’s agenda centers on exploring investment opportunities, facilitating bilateral understandings, and removing obstacles facing investors—part of Saudi Arabia’s broader commitment to enhancing historical and fraternal ties with Syria.

The Ministry of Investment, in coordination with the Federation of Saudi Chambers, is leading the effort to enable Saudi private sector involvement in Syria’s reconstruction and development.

The ministry is also identifying interested companies and organizing workshops to support investment readiness.

A key highlight of the visit is the Saudi-Syrian Investment Forum, which will include the announcement of joint projects, investment deals, and memoranda of understanding—signaling serious intent toward building a sustainable economic partnership between Riyadh and Damascus.