Saudi Investment Minister Khalid Al-Falih arrived in Damascus on Wednesday, leading a delegation of over 120 investors to explore multi-billion-dollar economic partnerships with Syria, as reported by Saudi state broadcaster Al-Ikhbariya.

The visit aims to finalize agreements exceeding 15 billion Saudi riyals (approximately $4 billion), as Syria seeks to revitalize its economy and attract foreign investment after years of devastating conflict.

According to official sources, the Saudi delegation is engaged in discussions with Syrian officials across key sectors, including energy, infrastructure, telecommunications, and industry—marking a significant step in the warming economic relations between the two nations.