Saudi Arabia and France Boost Syria Investments

Reports indicate that Saudi Arabia and France intend to expand their investment presence in Syria by establishing a trilateral Business Council aimed at strengthening economic relations and encouraging investments, particularly in the sectors of infrastructure, energy, and transportation. The focus is on leveraging Syria's geographical position to connect trade routes between Europe, the Gulf, and Asia. This move comes as part of Damascus's efforts to attract capital and reconstruct, with reconstruction costs estimated at around $216 billion. The founding of the council is seen as a step to enhance cooperation among the three countries, turning agreements into practical projects, while also improving the business environment in Syria, developing its infrastructure, and boosting its trade potential.

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