Saudi-Syrian Pacts Will Amount to $6 Billion, Minister Says

The Syrian government has announced that a Saudi-Syrian investment forum in Damascus will result in the signing of 44 pacts worth approximately $6 billion. This move is part of Syria's efforts to revitalize its economy, which has been severely affected by the ongoing conflict in the country. The agreement was revealed by Syria's Information Minister, Hamza al-Mustafa, as the two countries seek to deepen their economic cooperation. The investment forum is expected to provide a platform for both countries to explore various opportunities and facilitate the flow of Saudi capital into Syria's devastated markets. The announcement comes at a time when Syria is trying to rebuild its infrastructure and industries, which have been heavily damaged during the years of civil war. The influx of Saudi investment is seen as a significant step towards Syria's economic recovery and a potential boost to its efforts to reintegrate into the regional and global economy.