Syria and Saudi Arabia signed major deals on infrastructure, telecoms, and aviation, with Saudi Arabia investing $6.4 billion in post-Assad reconstruction.

Syria and Saudi Arabia have signed multiple strategic agreements in Damascus, including a joint airline, a $1 billion telecoms project, and investments in infrastructure, water, and real estate. The deals, announced under interim leader Ahmed al-Sharaa, involve Saudi carrier Flynas, the Elaaf Investment Fund, and major projects like the Silk Link digital initiative and water infrastructure with ACWA Power. Saudi Arabia also reactivated banking channels and launched a $6.4 billion investment push, part of broader regional efforts to support Syria’s reconstruction after the fall of the Assad regime.