“The agenda includes a Saudi-Syrian investment forum and the launch of the Fayhaa White Cement Plant in the Adra Industrial City in rural Damascus. The Syrian state-run Al Ekhbariya channel reported that the visit aims to inaugurate a new era of investment between the kingdom and Syria, with Riyadh expected to sign agreements worth $4 billion.”

A Saudi Arabian delegation including government officials and businessmen arrived in Syria on Wednesday to sign pacts worth around $4 billion, most of which are expected to be memorandums of understanding and joint projects,

(Reuters) -Syria will sign 44 agreements with Saudi Arabia estimated to be worth at nearly $6 billion, Syrian Information Minister Hamza al-Moustafa said on Wednesday. He spoke at a press conference as Damascus hosts a Saudi-Syrian investment conference attended by a top Saudi business delegation.