Syria and Saudi Arabia signed multibillion-dollar investment deals on February 7, 2026—Riyadh's first major move since President Ahmed al-Sharaa's government took power after Assad's fall. Agreements span aviation, energy, telecom, signed during Saudi Foreign Minister Faisal bin Farhan's Damascus visit.
Saudi firms will modernize Syrian airports, expand power plants, roll out 5G—totaling undisclosed billions after US sanctions lifted. The pacts follow al-Sharaa's Arab League return and signal Gulf reconstruction competition. Damascus hailed "economic revival"; Riyadh eyes regional stability. First projects target Q2 2026 startup. Normalization accelerates after 13 frozen years.
