Overview
- Speaking at the Future Investment Initiative in Riyadh, President Ahmad Sharaa said Syria has drawn roughly $28 billion in investment since Bashar al‑Assad was toppled last December.
- Sharaa credited major Saudi companies with about $7 billion of that total and said Syria is pursuing rebuilding through investment rather than aid.
- He promoted amended investment laws that allow capital repatriation and pledged protections for investors, including safeguards for initial production.
- The session was attended by Saudi Crown Prince Mohammed bin Salman, and Sharaa held meetings with bankers and prospective investors on the sidelines.
- Recent assessments highlight a large financing gap, with the World Bank putting reconstruction needs near $216 billion and the UNDP citing $923 billion in cumulative losses at the end of last year.