Syria and Saudi Arabia sign more than $6 billion in investment deals

News Source : ABC News
News Summary
- The deals are expected to create around 50,000 direct and 150,000 indirect job opportunities.
- They cover a wide range of sectors, including real estate, telecommunications and finance.
- The planned projects include housing, the reconstruction of war-damaged areas.
- The deals come as a political boost to Syria’s interim government at a moment when the country is reeling from a new round of sectarian violence that broke out in the southern province of SweidaEarlier this month, clashes broke out between Sunni Muslim Bedouin clans and armed groups of the Druze religious minority.
DAMASCUS, Syria Syria and Saudi Arabia announced 47 investment agreements, valued at over $6 billion, in Damascus on Thursday, marking a significant step in rebuilding Syrias warbattered economy. [+2019 chars]