Saudi Arabia and Qatar to provide financial support for Syrian state employees

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Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and Syrian Foreign Minister Asaad Hassan al-Shibani attend a press conference in Damascus, Syria May 31, 2025. (Reuters)
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Syria’s interim foreign minister Asaad Shaibani, right, receives Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan at Damascus International Airport on May 31, 2025. (SANA/AFP)
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Prince Faisal also met with interim President Ahmed Al-Sharaa and “the high-level economic delegation” held talks with Syrian officials about ways of cooperating “that contribute to supporting Syria’s economy and strengthen institution building.” (KSAMOFA)
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Prince Faisal also met with interim President Ahmed Al-Sharaa and “the high-level economic delegation” held talks with Syrian officials about ways of cooperating “that contribute to supporting Syria’s economy and strengthen institution building.” (KSAMOFA)
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Prince Faisal also met with interim President Ahmed Al-Sharaa and “the high-level economic delegation” held talks with Syrian officials about ways of cooperating “that contribute to supporting Syria’s economy and strengthen institution building.” (KSAMOFA)
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Updated 31 May 2025
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Saudi Arabia and Qatar to provide financial support for Syrian state employees

  • Kingdom to remain one of main backers to Syria in path for reconstruction and economic recovery, FM said
  • Several visits to follow in coming days by Saudi businessmen to Syria to discuss investments: Prince Faisal

DAMASCUS: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan said on Saturday that the Kingdom will offer with Qatar joint financial support to state employees in Syria.

His statements came during a joint press conference with his Syrian counterpart Asaad Al-Shaibani in Damascus, who welcomed the foreign minister and his delegation on his arrival in the Syrian capital.

“The Kingdom will provide, with Qatar, joint financial support to state employees in Syria,” Prince Faisal said.

Syria and Saudi Arabia had previously discussed ways to strengthen bilateral relations in the financial sectors.

Prince Faisal referred to his country’s role in helping to lift economic sanctions on Syria, saying that Saudi Arabia would continue to be one of the main backers to Syria in its path for reconstruction and economic recovery.

He said he was being accompanied with a high-level economic delegation from the Kingdom to “hold talks (with the Syrian side) to bolster aspects of cooperation in various fields.”

Several visits would then follow in the coming days by Saudi businessmen to Syria to discuss investments in energy, agriculture, infrastructure and other sectors, he said.

The Kingdom and Qatar reaffirmed their commitment to supporting the stability and development of Syria, highlighting their shared historical and fraternal ties with the Syrian people, the Saudi Press Agency reported.

The two countries stressed the importance of improving living conditions and promoting economic and social stability in Syria.

They also expressed a strong desire to work in coordination with the international community and development partners to ensure sustainable, effective support through a comprehensive and unified vision, SPA added.

Later on Saturday, the two foreign ministers toured the Umayyad Mosque in Damascus.

 

Prince Faisal also met with interim President Ahmed Al-Sharaa on Saturday during his visit and “the high-level economic delegation” held talks with Syrian officials about ways of cooperating “that contribute to supporting Syria’s economy and strengthen institution building.”

On a visit to Riyadh earlier this month, US President Donald Trump said he would lift US sanctions on Syria, a move that paves the way for economic recovery in the war-torn country.

The European Union also recently lifted economic sanctions on Syria.

In February, Sharaa visited Saudi Arabia in his first trip abroad as president.

Last month, Saudi Arabia and Qatar, another key backer of the new authorities, announced they would settle Syria’s debt to the World Bank totaling roughly $15 million.

Damascus is hoping that the lifting of sanctions, particularly by the United States, will pave the way for support from the international community.

Years of war and sanctions have battered the country’s economy, infrastructure and industry.

A recent United Nations Development Programme report estimated Syria’s “lost GDP” during the 2011-2024 war to be around $800 billion.

Prince Faisal first visited Syria’s new authorities in January.

* With AFP


Hail reports over 3m visitors in first half of 2025 as heritage tourism surges

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Hail reports over 3m visitors in first half of 2025 as heritage tourism surges

HAIL: Hail welcomed more than 3 million visitors in the first half of this year, the Saudi Press Agency reported on Saturday.

Hail’s mountainous landscape and temperate climate have made it a popular destination for heritage, hiking, and rural tourism.

Tourism to the region was driven by “major events and festivals, alongside ongoing development at UNESCO World Heritage Sites including Jabal Umm Sinman in Jubbah and the Shuwaymis rock carvings,” according to the SPA, which added that Hail’s “strategic location, varied terrain, and favorable climate continue to support economic and social growth, drawing investment across tourism, agriculture, industry and transportation.”

To continue to increase the region’s tourism numbers, the municipality has signed investment agreements worth SR179 million ($48 million), including projects for rural lodges and the Aja Hill development, which will feature a hotel and resort.

The regional development authority has also concluded agreements to operate “distinctive tourist routes” and promote the region internationally.

Beyond tourism, Hail remains a key agricultural center. The region is home to 15,000 farms spread across 240,000 hectares of agricultural land.

Hail also plays a central logistical role, with a road network exceeding 5,900 kilometers. Recent infrastructure upgrades include 13 road projects covering 358 kilometers, valued at SR47 million.

Environmental sustainability remains a priority, with programs focused on protecting vegetation, conserving wildlife, and managing natural resources, the SPA reported.

Together, these efforts “reflect Hail’s growing role in economic diversification under Saudi Vision 2030,” the article concluded.