Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Home Local news Syria and Saudi Arabia to Enhance Economic Ties Following Easing of Western Sanctions
  • Local news

Syria and Saudi Arabia to Enhance Economic Ties Following Easing of Western Sanctions

    Syria and Saudi Arabia agree to boost economic cooperation after Western sanctions eased
    Up next
    Walmart store in Ridgecrest, California.
    Several People Get Sick in Escalating Outbreak Linked to ‘Contaminated’ Products at Walmart & Kroger – Check Updated Recall List
    Published on 31 May 2025
    Author
    Internewscast
    Tags
    • After,
    • agree,
    • and,
    • Arabia,
    • Bashar Assad,
    • Boost,
    • Business,
    • cooperation,
    • Donald Trump,
    • eased,
    • economic,
    • sanctions,
    • saudi,
    • Syria,
    • Western,
    • world news
    Share this @internewscast.com
    FacebookXRedditPinterest

    DAMASCUS – Syria and Saudi Arabia announced their commitment to enhancing economic cooperation to mutually benefit both nations. This initiative aims to generate employment opportunities for Syrians following the recent alleviation of Western sanctions on Syria, a country long marred by conflict.

    This declaration came during Saudi Foreign Minister Prince Faisal bin Farhan’s visit to Damascus, where he met with Syrian President Ahmad al-Sharaa and other officials.

    The relaxation of Western sanctions is expected to pave the way for increased foreign investment in Syria, which has been embroiled in a civil war since March 2011. In a significant political shift, the Assad family’s 54-year regime concluded in early December when opponents of the then-president Bashar Assad seized control of Damascus.

    The Saudi foreign minister said that the easing of sanctions by the U.S., the European Union and Britain earlier this month will help in “reactivating the Syrian economy that had been at a standstill for decades.”

    Prince Faisal, who is heading an economic and business delegation, said Saudi businessmen will visit Syria in the near future to discuss opportunities in sectors including oil, infrastructure, information technology, telecommunications and agriculture.

    He added that Saudi Arabia and Qatar will give financial assistance to employees of Syria’s public sector without giving details.

    “We assert that the kingdom will be a leading state among countries that will stand by Syria in its march for reconstruction and economic revival,” Prince Faisal said.

    Syrian Foreign Minister Asaad al-Shibani said his country and Saudi Arabia have entered a new era of cooperation.

    The meeting came two days after Syria signed an agreement with a consortium of Qatari, Turkish and U.S. companies for development of a 5,000-megawatt energy project to revitalize much of its war-battered electricity grid.

    Al-Sharaa met President Donald Trump in Saudi Arabia earlier this month.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

    Share this @internewscast.com
    FacebookXRedditPinterest
    You May Also Like
    Johnson City Regional Planning Commission denies recommendation for rezoning Minga Drive
    • Local news

    Johnson City Regional Planning Commission Rejects Rezoning Proposal for Minga Drive

    JOHNSON CITY, Tenn. (WJHL) — The focus of a meeting was on…
    • Internewscast
    • July 9, 2025
    Shaking up Shakespeare: a different take on the Bard
    • Local news

    Rethinking Shakespeare: A Fresh Perspective on the Bard

    SAVANNAH, Ga. () — The Assembly of Phantasms (TAOP) is a performance…
    • Internewscast
    • July 8, 2025
    Death toll from Kenya’s latest anti-government protest surges to 31
    • Local news

    Kenya’s Recent Anti-Government Protest Leaves 31 Dead

    NAIROBI – The death toll from Monday’s anti-government protests in Kenya has…
    • Internewscast
    • July 8, 2025
    Trump goes off on questions surrounding Epstein: 'This creep?'
    • Local news

    Trump Reacts Strongly to Epstein-Related Inquiries: ‘This Creep?’

    President Trump expressed exasperation on Tuesday at questions about disgraced financier Jeffrey…
    • Internewscast
    • July 9, 2025
    Russia launches another record drone attack on Ukraine, Ukrainian officials say
    • Local news

    Ukraine hit by largest drone attack yet, claim Ukrainian officials

    KYIV – Russia launched an unprecedented 728 Shahed and decoy drones at…
    • Internewscast
    • July 9, 2025
    MyPillow CEO Mike Lindell's attorneys fined for inaccurate, AI-generated brief
    • Local news

    MyPillow’s CEO Mike Lindell’s Lawyers Penalized Over Misleading AI-Created Document

    DENVER (KDVR) – Two lawyers representing MyPillow CEO Mike Lindell in a…
    • Internewscast
    • July 8, 2025
    Texas flooding: Rescue swimmer hailed as hero for saving 165 lives
    • Local news

    Texas Floods: Heroic Rescuer Credited with Saving 165 Individuals

    OXFORD, N.J. (PIX11) — A New Jersey native is being hailed a…
    • Internewscast
    • July 8, 2025
    More than 160 people are still missing after deadly Texas floods, governor says
    • Local news

    Governor Reports Over 160 Individuals Unaccounted for Following Devastating Texas Floods

    HUNT, Texas (AP) — Texas is still dealing with the aftermath of…
    • Internewscast
    • July 9, 2025
    Searchers in helicopters and on horseback scour Texas flood debris for the missing
    • Local news

    Helicopter and Horseback Teams Search Texas Flood Debris for Missing People

    HUNT, Texas – As the search operation continued on Wednesday in Texas,…
    • Internewscast
    • July 9, 2025
    'It's a very sinister pattern'; Decatur approves task force to combat human trafficking
    • Local news

    Decatur Initiates Task Force to Address Concerning Human Trafficking Trends

    DECATUR, Ill. (WCIA) — Three different agencies are putting a team together…
    • Internewscast
    • July 9, 2025
    Flash flooding hits New Mexico as Texas recovery efforts continue
    • Local news

    New Mexico Faces Flash Floods While Texas Works on Recovery Efforts

    () As recovery efforts continue after deadly floods in central Texas last…
    • Internewscast
    • July 9, 2025
    Schumer warns package to claw back funding would 'poison' annual spending talks
    • Local news

    Schumer Cautions Against Funding Rollback Proposal, Citing Potential Harm to Budget Negotiations

    Senate Democratic Leader Chuck Schumer (N.Y.) warned in a “Dear Colleague” letter…
    • Internewscast
    • July 9, 2025

    Flash Flooding Devastates New Mexico Village, Resulting in 3 Fatalities

    In a tragic event in a mountainous village in southern New Mexico,…
    • Internewscast
    • July 9, 2025
    The exhibition has been five years in the making, and Tate Modern is anticipating more than 200,000 visitors during its six-month run.
    • AU

    Famous Indigenous Artist’s Creations Featured at Prestigious London Gallery

    A major solo exhibition showcasing the works of acclaimed Aboriginal Australian artist…
    • Internewscast
    • July 9, 2025
    How To Watch The Indiana Jones Movies In Order
    • TV Shows

    A Guide to Watching the Indiana Jones Movies in the Correct Sequence

    Paramount…
    • Internewscast
    • July 9, 2025
    Man accused of sexually assaulting child at Colorado water park
    • Local news

    Individual Charged with Child Sexual Assault at Colorado Water Park

    Editor’s Note: This story contains discussions of child abuse that may be…
    • Internewscast
    • July 9, 2025
    Internewscast Journal
    • Home
    • Privacy Policy
    • DMCA Notice
    • Terms and Conditions
    • Guest Post
    • Support Our Cause
    Copyright 2023. All Right Reserverd.