Saudi Arabia announces a major investment plan for Syria.

Saudi Arabia announced on the 7th a major investment plan for Syria, covering the energy, aviation, real estate, and telecommunications sectors. Reuters believes that this move indicates that Saudi Arabia positions itself as a major supporter of the new Syrian regime. Saudi Investment Minister Khalid Al-Faleh said that Saudi Arabia has established the "Elaraf" investment fund in Syria, planning to inject 7.5 billion Saudi riyals in stages to develop two airports in Aleppo, Syria. According to Al-Faleh, the fund aims to provide funding support for large projects in Syria, with the participation of the Saudi private sector. In the civil aviation sector, Saudi Nas Airlines and the Syrian Civil Aviation Authority have signed an agreement to jointly establish a new airline, which is expected to start operations in the fourth quarter of 2026. According to the Saudi News Agency, the largest telecommunications operator in Saudi Arabia, Saudi Telecom Company, will also invest over 3 billion Saudi riyals to "improve Syria's basic telecommunications infrastructure and achieve connectivity with neighboring countries through a fiber optic network spanning over 4,500 kilometers".