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February 17, 2026

Syria

Saudi Arabia and Syria have signed a series of strategic investment agreements covering aviation, telecommunications, and infrastructure. Minister of Investment Khalid Al-Falih led a high-level delegation to Damascus to meet with President Ahmad Al-Sharaa. The deals include a major redevelopment of Aleppo International Airport and the creation of a new joint airline with Flynas. STC will lead efforts to modernise Syria's digital infrastructure while ACWA Power explores a large-scale desalination project.
UCC Holding has signed five consultancy and design agreements with international firms as part of a multi-phase redevelopment of Damascus International Airport, a project expected to boost passenger capacity to 31 million annually.

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