Saudi Arabia and Qatar announced on Sunday that they will jointly settle Syria’s outstanding debt to the World Bank, amounting to approximately $15 million.
World Bank Group president Ajay Banga © Tolani Alli/WB
Saudi Arabia and Qatar announced on Sunday that they will jointly settle Syria’s outstanding debt to the World Bank, amounting to approximately $15 million.
According to a joint statement published by Saudi Arabia’s official news agency (SPA), the finance ministries of both countries confirmed their commitment to cover Syria’s arrears.
"The Ministries of Finance of the Kingdom of Saudi Arabia and the State of Qatar jointly announce their commitment to settle Syria’s arrears to the World Bank, amounting to approximately $15 million," the statement read.
The move comes as part of broader regional efforts to support Syria’s gradual reintegration into the international community after years of isolation following its civil war.
Relations between Israel and Syria, long frozen by decades of hostility and conflict, may be inching toward a fragile thaw, according to multiple sources familiar with ongoing diplomatic assessments.
On January 29, Ahmed al-Sharaa and more than 12 other commanders from armed factions that joined forces to overthrow Bashar al-Assad gathered in the presidential palace in Damascus in a show of unity among men who had fought each other almost as much as they’d fought Assad.
A Reuters investigation pieced together how the March 7-9 massacres of Syrian Alawites along the country’s Mediterranean coast unfolded, identifying a chain of command leading from the attackers directly to men who serve alongside Syria’s new leaders in Damascus.
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