Gulf States Lead Syria's Reconstruction with Major Investments

Syria's Reconstruction Accelerates with Gulf Funding

After 13 years of civil war, Syria's reconstruction is gaining momentum with Gulf states taking the lead. Saudi Arabia, Qatar, and the United Arab Emirates are making significant investments despite ongoing security challenges under President Ahmed Al-Sharaa.

Key Investment Agreements

Saudi Arabia signed 44 agreements worth $6 billion in telecommunications and finance during this week's Damascus investment forum. Qatar's UCC Holding committed $7 billion for gas plants and solar parks, while the UAE's DP World is investing $800 million in Tartous port infrastructure. Turkey will supply annual gas shipments and expand investments in mining and energy.

Transportation Revival

Emirates resumes Damascus flights next month, with Qatar Airways and Turkish Airlines adding Aleppo routes this summer. The sanctions relaxation enables this revival of air and sea connections, crucial for Syria's economic recovery.

Political Implications

Political analyst Gamal Mansour notes these investments signal Gulf confidence in Sharaa's leadership despite recent violence in Sweida. The Gulf Cooperation Council members aim to increase regional influence while promoting stability that could reduce migration to Europe.