Syria and Saudi Arabia sign investment deals worth £4.4 billion

Syrian Civil Defence workers inspect an explosion site in Maarat Misrin village, in Idlib province, north Syria, Thursday (Syrian Civil Defence White Helmets via AP)

Syria and Saudi Arabia announced 47 investment agreements, valued at more than £4.4 billion, in Damascus on Thursday, marking a significant step in rebuilding Syria’s war-battered economy.

The agreements signed at the Syrian-Saudi Investment Forum cover a wide range of sectors, including property, telecommunications and finance.