Saudi Arabia and Syria Sign US$403 Million Development Financing Agreements

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← All business news Saudi Arabia and Syria Sign US$403 Million Development Financing Agreements

On 5 November 2026, the Saudi Fund for Development signed six concessional development loan agreements worth more than US$403 million with Syria. The financing covers energy, water, healthcare, housing, infrastructure and digital transformation, with the...

On 5 November 2026, the Saudi Fund for Development signed six concessional development loan agreements worth more than US$403 million with Syria. The financing covers energy, water, healthcare, housing, infrastructure and digital transformation, with the objective of restoring essential services and supporting reconstruction. HPC can assist contractors, development consultants and suppliers in identifying relevant opportunities connected to Saudi-backed development programmes and international reconstruction projects.

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