Syria has secured $28 billion in investments over the past ten months, according to interim President Ahmad al-Sharaa. The announcement was made on Wednesday during his speech at the Future Investment Initiative (FII) conference in Riyadh.
The FII forum, often dubbed the “Davos of the Desert,” has served as a platform for Syria’s transitional leadership to present its vision for reconstruction and economic revival © Mena Today
Syria has secured $28 billion in investments over the past ten months, according to interim President Ahmad al-Sharaa. The announcement was made on Wednesday during his speech at the Future Investment Initiative (FII) conference in Riyadh.
Al-Sharaa, attending as the guest of honor at the forum’s ninth edition, credited the surge in foreign interest to recent political shifts in Syria, notably the fall of former President Bashar al-Assad.
"This is just the beginning of a new economic chapter for Syria," al-Sharaa stated, highlighting infrastructure, energy, and digital technology as key sectors attracting capital.
Since Assad's ouster, Syria has opened its doors to international investors, with Gulf countries, China, and several European firms reportedly leading the influx of funding.
The FII forum, often dubbed the “Davos of the Desert,” has served as a platform for Syria’s transitional leadership to present its vision for reconstruction and economic revival.
France's telecoms landscape is being redrawn. On June 6, Bouygues Telecom, Free and Orange signed an agreement with Altice France to acquire SFR, the operator controlled by Patrick Drahi, in a deal valuing the company at €20.35 billion.
Kuwaiti investors accounted for the lion's share of trading activity on the Kuwait Stock Exchange between January and May 2026, according to a report by Al-Shall Consulting Company based on Kuwait Clearing Company data.
The nerve is breathtaking. Iranian Foreign Minister Abbas Araghchi took to X on Saturday to rebuke Lebanese President Joseph Aoun, suggesting that Israel - not Iran - is Lebanon's "true enemy."
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
