Syria draws $28B Gulf investments in six months

Post by : Bianca Suleiman

Syria has witnessed a powerful return of foreign capital, securing nearly $28 billion in investments during the first six months of this year, as confirmed by President Ahmed Al-Sharaa during the Future Investment Initiative in Riyadh.

The Syrian leader noted that the inflow marks a turning point for the country’s economic recovery, with significant contributions from companies in the United Arab Emirates, Saudi Arabia, and Qatar.

According to President Al-Sharaa, major Saudi firms have already launched projects worth $7 billion, focusing on infrastructure and energy. Meanwhile, Qatari companies have begun work at Damascus Airport and on power generation projects totaling 5,000 megawatts, underscoring a shared regional interest in Syria’s reconstruction.

Emphasizing Syria’s comeback on the regional stage, Al-Sharaa said the nation now acts as a “pillar of regional stability,” strengthened by renewed ties with the UAE, Saudi Arabia, Qatar, and Türkiye.

He added that Syria has overhauled its investment laws to better serve international investors — reforms that have reportedly placed the country’s framework among the top ten globally.

With a clear message of progress, Al-Sharaa stated, “We want to rebuild Syria through investments — and the world can benefit from it as a trade corridor.”

The announcement marks a new phase in Syria’s economic narrative — one focused on partnership, opportunity, and a cautious but confident return to regional growth.