Saudi GO Telecom signs deal to rebuild Syria’s telecom sector

The agreement was signed by Syrian Minister of Telecommunications Abdul Salam Haykal and GO Telecom CEO Yahya bin Saleh Al-Mansour. X/@GOTelecomKSA
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Updated 01 June 2025
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Saudi GO Telecom signs deal to rebuild Syria’s telecom sector

  • Deal aims to revamp Syria’s ageing communications network
  • Kingdom and Qatar pledged joint financial support for Syrian state employees

RIYADH: Saudi Arabia’s GO Telecom has signed an agreement with the Syrian government to help modernize the country’s digital infrastructure, marking one of the first major private sector initiatives following the recent easing of Western sanctions.

The agreement was signed by Syrian Minister of Telecommunications Abdul Salam Haykal and GO Telecom CEO Yahya bin Saleh Al-Mansour. The deal aims to revamp Syria’s ageing communications network, a critical step in the nation’s long path toward recovery. Riyadh-based GO Telecom is expanding its presence in post-conflict markets through strategic infrastructure investments.

The move follows a significant policy shift by Western powers. Just weeks ago, the US and the EU began lifting long-standing sanctions on Syria — a decision widely seen as a turning point in international engagement with the war-torn country.




The agreement was signed by Syrian Minister of Telecommunications Abdul Salam Haykal and GO Telecom CEO Yahya bin Saleh Al-Mansour. X/@GOTelecomKSA

On May 13,  President Donald Trump announced the sanctions relief during a visit to Riyadh, calling it a “historic opportunity” for Syria’s recovery. The EU quickly followed suit, adopting legal measures to ease economic restrictions while maintaining those tied to security.

“This decision is simply the right thing to do,” said EU High Representative Kaja Kallas, underscoring the bloc’s support for Syria’s reconstruction and political transition. The EU’s move removed 24 entities, including the Central Bank of Syria, from its sanctions list.

“Today the EU reaffirms its commitment as a partner for the transition, one that helps the Syrian people to reunite and rebuild a new, inclusive, peaceful Syria,” Kallas added.

Syrian officials have welcomed the easing of sanctions as a pivotal moment. Speaking to the Associated Press on May 30, Syria’s Minister of Social Affairs and Labor, Hind Kabawat, said the changes would aid anti-corruption efforts and help pave the way for the return of millions of refugees.




The agreement was signed by Syrian Minister of Telecommunications Abdul Salam Haykal and GO Telecom CEO Yahya bin Saleh Al-Mansour. X/@GOTelecomKSA

Saudi Arabia and Qatar have also pledged joint financial support for Syrian state employees. A high-level Saudi economic delegation has visited Damascus to explore investments across key sectors, including energy, agriculture, and infrastructure.

“The Kingdom will provide, with Qatar, joint financial support to state employees in Syria,” said Saudi Foreign Minister Prince Faisal bin Farhan during a visit to Damascus on May 31. He reaffirmed Riyadh’s commitment to Syria’s reconstruction and emphasized the Kingdom’s involvement in the sanctions relief process.

Prince Faisal added that Saudi Arabia remains one of Syria’s key backers as it works toward economic recovery and long-term stability.

The GO Telecom agreement is seen as a signal of growing regional cooperation, as international and Gulf partners begin to re-engage in efforts to rebuild Syria’s shattered economy and infrastructure after over a decade of conflict.


Work suspended on Riyadh’s massive Mukaab megaproject: Reuters

Updated 27 January 2026
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Work suspended on Riyadh’s massive Mukaab megaproject: Reuters

RIYADH: Saudi Arabia has suspended planned construction of a colossal cube-shaped skyscraper at the center of a downtown development in Riyadh while it reassesses the project's financing and feasibility, four people familiar with the matter said.

The Mukaab was planned as a 400-meter by 400-meter metal cube containing a dome with an AI-powered display, the largest on the planet, that visitors could observe from a more than 300-meter-tall ziggurat — or terraced structure —inside it.

Its future is now unclear, with work beyond soil excavation and pilings suspended, three of the people said. Development of the surrounding real estate is set to continue, five people familiar with the plans said.

The sources include people familiar with the project's development and people privy to internal deliberations at the PIF.

Officials from PIF, the Saudi government and the New Murabba project did not respond to Reuters requests for comment.

Real estate consultancy Knight Frank estimated the New Murabba district would cost about $50 billion — roughly equivalent to Jordan’s GDP — with projects commissioned so far valued at around $100 million.

Initial plans for the New Murabba district called for completion by 2030. It is now slated to be completed by 2040.

The development was intended to house 104,000 residential units and add SR180 billion to the Kingdom’s GDP, creating 334,000 direct and indirect jobs by 2030, the government had estimated previously.

(With Reuters)