Saudi delegations do not stop
Towards Damascus

- Now a high-level economic delegation has arrived in the Levant and includes Saudi Minister of Investment Khaled Al-Falih, Minister of Communications Abdullah Al-Sawaha, Chairman of the Civil Aviation Authority Abdulaziz Al-Duailej, and forty Saudi government figures.
- To sign strategic contracts in several sectors
According to the latest news
- Flynas:
Establishing an airline company.
- Bin Dawood Holding:
Development and operation of Aleppo Airport.
-STC:
Developing communications infrastructure in Syria.
- ACWA Power Saudi Arabia:
A project for desalination and water transportation in Syria.
View attachment 177395
We are gaining quite a substantial economic foothold in Syria in almost all spheres.
-------
Saudi Press Agency "SPA":
On the sidelines of the Saudi-Syrian Investment Conference in Damascus, the signing of a package of agreements and investments exceeding
40 billion riyals, within
approximately 80 agreements covering aviation, telecommunications, infrastructure, and water, marking the beginning of a broad implementation partnership phase between the two countries.
#SaudiArabiaSupportsSyria
-Details:
• Package size: Approximately 80 agreements/memoranda with a value exceeding 40 billion riyals
• Aviation: Development and operation of Aleppo Airport (old and new) in investment phases worth 7.5 billion riyals, in addition to the establishment of a new airline in Damascus under the name "NAS Syria" led by a Saudi airline company
• Telecommunications and Digitization: Silklink project to build optical fiber networks, data centers, and advanced-standard internet infrastructure led by stc
• Water and Energy: Water desalination agreement and operational partnership with ACWA Power
• Financing and Transfers: Activation of banking transfer channels between several banks in both countries following the lifting of restrictions
• Real Estate and Development: Signing of 3 agreements for major real estate projects to develop residential and commercial infrastructure under the supervision of the Saudi-Syrian Business Council
| Establishment of the company «
#Nas_Syria_Airlines» in a partnership between Flynas Airlines and the Syrian Civil Aviation Authority.
Joint ownership: 51% for the Syrian Authority and 49% for
#Nas_Airlines
Operations to begin in the fourth quarter of 2026
Operation of domestic, regional, and international flights
A step to enhance air connectivity and support economic recovery
-------
The GCC has a collective
6 trillion usd worth of sovereign wealth funds alone. This is enough to rebuild any Arab or Muslim state damaged by war/civil war/conflict or which is wasting its potential as well as reap the economic benefits in the process, 100 times over.
Same thing is occurring in Yemen, Sudan, Somalia, Iraq, Libya and elsewhere. It is the right strategy.
You indirectly help KSA and the wider GCC greatly by improving the region we inhabit. I expect to see the same thing in Gaza. Everyone wins in the end.