The Federation of Saudi Chambers (FSC), represented by the Saudi-Syrian Business Council, has announced that it is organizing the first Saudi-Syrian Investment Forum for the private sector on Sunday. The event will feature the participation of several government officials and members of the council.
The forum marks a new chapter in Saudi-Syrian economic relations, following directives from the Kingdom’s leadership to establish and officially launch the joint council under the umbrella of the FSC. The council includes a distinguished group of Saudi senior officials and internationally active investors.
Forum to activate Saudi-Syrian Business Council’s role
The Saudi-Syrian Investment Forum will highlight promising investment opportunities and potential partnerships between Saudi Arabia and Syria. It will also foster direct engagement between business leaders and the council’s sectoral committees, while enhancing the participation of Syrian entrepreneurs residing in the Kingdom in the council’s initiatives.
In addition, the forum will serve as a platform for collecting practical proposals to help develop the council’s sectoral committees and broader strategic plan.
Upon its establishment, the council unveiled a 2025–2030 action plan aimed at strengthening sustainable economic cooperation between Saudi Arabia and Syria. The plan seeks to spotlight business opportunities, support strategic partnerships and streamline trade and logistics processes for Saudi exporters. A key priority is empowering the Saudi private sector to participate in Syria’s reconstruction and sustainable development efforts.
Investment promotion and protection agreement signed
The announcement of the Saudi-Syrian Investment Forum comes after the two nations signed an investment promotion and protection agreement aimed at establishing practical frameworks to strengthen joint investments and develop strategic projects in industry, services, infrastructure and tourism.
The agreement was signed during the Saudi-Syrian Roundtable Meeting, held on Monday, with the participation of Minister of Investment Khalid Al-Falih, Syria’s Minister of Economy and Industry Dr. Mohammad Nidal Al-Shaar, and representatives from the private sector and companies from both sides.
The Saudi-Syrian Roundtable Meeting took place within the framework of an official visit that reflects the two brotherly countries’ keenness to build bridges of economic cooperation and strengthen regional integration.
The roundtable addressed avenues of cooperation and opportunities for economic and investment partnerships in priority sectors, focusing on empowering the private sector in both countries, facilitating investment flows and exchanging technical and knowledge expertise to support investment development and investor empowerment.
Minister Al-Falih said that the agreement reflects the Kingdom’s commitment to building effective economic partnerships with brotherly countries, strengthening its role as a global investment hub and opening new horizons for investors to explore quality opportunities that contribute to creating added value.
Meanwhile, Syria’s economy and industry minister stressed that his country values Saudi Arabia’s pivotal role in supporting regional economic cooperation, noting that the agreement represents a practical step toward deepening investment relations and a qualitative shift toward projects that achieve mutual benefit and strengthen economic ties between the two brotherly peoples.
The investment promotion and protection agreement aims to expand the scope of bilateral cooperation, attract quality investments in vital sectors, and create an enabling business environment that meets the aspirations of the private sector in both Saudi Arabia and Syria.
