deepens ties with Syria's new leaders through major investment package

Damascus hosted the signing of a strategic investment package between Syria and Saudi Arabia, led by Saudi Investment Minister Khalid al-Falih. The deals include the "SilkLink" project to develop telecommunications infrastructure with a $1 billion investment to lay 4,500 km of fiber-optic cables. Additionally, the parties announced the establishment of "flynas Syria", a low-cost carrier, and a $2 billion investment fund to develop Aleppo's airports to serve 12 million passengers annually. These steps follow the full removal of U.S. sanctions, paving the way for the return of major investments to rebuild Syria.

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