Saudi Arabia announces $6.4 billion in Syria investments

DAMASCUS, July 24 (Reuters) – Saudi Arabia announced $6.4 billion of investments in Syria on Thursday, reflecting the kingdom’s deepening ties with interim President Ahmed al-Sharaa’s government as it seeks to rebuild Syria after a 14-year civil war.

The deals, unveiled by Saudi Investment Minister Khalid Al-Falih at a Damascus forum, are a major financial boost for Sharaa as he struggles to establish control over Syria, which was rocked this month by sectarian violence in the southwest.