Saudi Minister of Investment Khalid Al-Falih held a virtual meeting with Syrian Minister of Economy and Industry Mohammad Nidal Al-Shaar to explore investment cooperation and examine economic opportunities in Syria’s market. The discussion focused on collaboration between the public and private sectors, reviewing mechanisms aimed at promoting investment in productive and service industries.
Al-Falih emphasised Saudi Arabia’s commitment to supporting the stability and development of Syria’s economy. He stressed the importance of establishing an environment conducive to expanding regional investment partnerships. Dr Al-Shaar highlighted Syria’s readiness to create an attractive investment climate and suggested upcoming opportunities for Saudi and Arab investors in reconstruction and post-war growth.
The meeting follows the recent easing of Western sanctions and a broader regional push to reconnect Syria to the international economy. It also comes ahead of a planned Saudi-Syrian investment forum on June 18-19, which is expected to convene major Saudi firms to assess cross-border investment prospects.
Existing regional moves, such as Saudi Gulf partners covering Syria’s state payroll for three months, suggest that this meeting forms part of a larger strategic push to support Syria’s reconstruction while securing growth for Gulf-based investors.
