Saudi Arabia will invest approximately $3 billion in Syrian real estate and infrastructure projects. This investment, announced by Investment Minister Khalid al-Falih on Thursday at a Damascus conference, is part of a broader $6.4 billion in deals. The investment follows a recent easing of US sanctions on Syria and aims to support the new Syrian government, which took power after rebels toppled longtime ruler Bashar al-Assad. A large Saudi delegation of investors and representatives visited Damascus earlier this week for meetings and a business forum.

The investment comes as Syria faces ongoing internal challenges. Deadly clashes between minority groups, particularly in Suwayda province, have raised concerns about the country's stability. These clashes involved Druze fighters and Bedouin tribes, escalating to include Israeli air raids in Damascus and Suwayda. A ceasefire, brokered by the US, is currently in place, and the Syrian government has begun evacuating hundreds of Bedouin families from Suwayda.

Impact Statement: Saudi Arabia's significant investment could play a crucial role in Syria's economic recovery and reconstruction efforts, but the country's ongoing internal conflicts pose significant challenges to stability and long-term development.