Syria and Saudi Arabia Sign Strategic Partnership Agreements in Various Sectors
Syria and Saudi Arabia have entered a strategic partnership with comprehensive agreements in aviation, telecommunications, infrastructure, and real estate. The signing ceremony in Damascus signifies a new phase in their economic relations.
Under the agreements, Aleppo International Airport will be modernized, and a new low-cost airline called 'Nas Syria' will be established. Investment projects include the transfer of seawater purification technology, the creation of water transfer lines, the expansion of fiber-optic networks, and the construction of regional data centers. A framework agreement between the Syrian Development Fund and the Saudi Development Committee includes 45 social and economic initiatives.
