Middle East
$2 billion invested in Syria, Saudi Arabia fully supports Syria's economic recovery
Seetao 2026-02-28 11:52
  • Saudi telecom operator will invest approximately $800 million to upgrade Syria's communication infrastructure
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On February 27, 2026 local time, Saudi Arabia officially announced a package of major investment plans for Syria, focusing on four core areas: energy, aviation, real estate, and telecommunications, to consolidate its position as the main supporter of the new Syrian regime through practical actions, which has attracted high attention from the international community.

According to the arrangement, Saudi Arabia has set up a special investment fund for Elaf, with a planned total investment of about 2 billion US dollars, to promote the development and construction of two airports in Aleppo in stages, and actively guide the private sector to participate in major projects in Syria. Substantial progress has been made in cooperation in the civil aviation field. Saudi Arabian Nas Airlines has reached a cooperation agreement with the Syrian civil aviation department to jointly establish a new airline, which is planned to be put into operation in the fourth quarter of 2026.

The telecommunications sector has received a large investment, with Saudi telecom operators investing approximately $800 million to upgrade Syria's communication infrastructure, build a fiber optic network with a total length of over 4500 kilometers, and promote signal and digital connectivity within and outside Syria.

This investment is the largest scale investment plan announced by Saudi Arabia to the outside world after the full lifting of US sanctions on Syria in December 2025. It not only injects strong momentum into Syria's post-war reconstruction and economic recovery, but also reflects Saudi Arabia's strategic layout of actively playing a constructive role in the Middle East and promoting regional stability and development.Editor/Bian Wenjun


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