Overview

• A Saudi delegation led by Investment Minister Khalid Al-Falih finalized 47 agreements in Damascus valued at more than $6 billion to jump-start Syria’s reconstruction
• The package includes a $2.9 billion commitment to real estate and infrastructure alongside the launch of a $20 million cement factory and a 375 million-riyal retail complex
• Syrian Information Minister Hamza al-Mustafa said the deals are expected to generate about 50,000 direct jobs and 150,000 indirect positions
• President Trump lifted most U.S. sanctions in May at Crown Prince Mohammed bin Salman’s request, clearing the way for Gulf capital to flow into post-war Syria
• Qatar and the UAE also concluded major power, port and debt-settlement agreements with Syria as part of a broader Gulf-led reconstruction effort