Saudi Arabia, Qatar to provide financial support to Syria's state employees: Saudi foreign minister | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
June 04, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JUNE 04, 2025
Saudi Arabia, Qatar to provide financial support to Syria's state employees: Saudi foreign minister

Middle East

Reuters
01 June, 2025, 11:25 am
Last modified: 01 June, 2025, 11:31 am

Related News

  • Million-plus pilgrims to begin hajj under blazing sun
  • US gives nod to Syria to bring foreign jihadist ex-rebels into army
  • 87,157 pilgrims reached Saudi for Hajj
  • Saudi Arabia suspends block work visas for 14 countries, including Bangladesh — Here's why
  • Syrian Kurdish commander in touch with Turkey, open to meeting Erdogan

Saudi Arabia, Qatar to provide financial support to Syria's state employees: Saudi foreign minister

"The kingdom will provide with Qatar joint financial support to state employees in Syria," Bin Farhan said during a press conference with his Syrian counterpart Asaad al-Shibani in Damascus

Reuters
01 June, 2025, 11:25 am
Last modified: 01 June, 2025, 11:31 am
Saudi Foreign Minister Prince Faisal bin Farhan Al Saud attends a press conference with Syrian Foreign Minister Asaad Hassan al-Shibani (not pictured), in Damascus, Syria May 31, 2025. Photo: REUTERS/Yamam Al Shaar
Saudi Foreign Minister Prince Faisal bin Farhan Al Saud attends a press conference with Syrian Foreign Minister Asaad Hassan al-Shibani (not pictured), in Damascus, Syria May 31, 2025. Photo: REUTERS/Yamam Al Shaar

Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al-Saud said on Saturday that the kingdom will jointly offer with Qatar financial support to state employees in Syria.

"The kingdom will provide with Qatar joint financial support to state employees in Syria," Bin Farhan said during a press conference with his Syrian counterpart Asaad al-Shibani in Damascus.

He did not provide details on the size of the financial support to be provided by Riyadh and Doha. However, it echoes a similar move by Qatar to bankroll Syria's public sector.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

A joint statement by Saudi Arabia and Qatar later said on Saturday that the joint financial support would be delivered over a three-month period.

It said the move came following an earlier contribution by Saudi Arabia and Qatar in April to settle Syria's outstanding arrears of around $15 million to the World Bank.

The Saudi foreign minister's visit comes a few weeks after the US made a surprise announcement on lifting sanctions on Syria's Islamist-led government which overthrew former leader Bashar al-Assad in December.

US President Donald Trump made the decision during his recent visit to the Middle East and said it was at the behest of Saudi Arabia's crown prince, whose country was a main advocate for the lifting of sanctions.

The European Union also recently lifted economic sanctions on Syria.

Bin Farhan referred to his country's role in helping to lift economic sanctions on Syria, saying that Saudi Arabia would continue to be one of the main backers of Syria on its path to reconstruction and economic recovery.

He said he was being accompanied by a high-level economic delegation from the kingdom to "hold talks (with the Syrian side) to bolster aspects of cooperation in various fields".

Several visits would then follow in the coming days by Saudi businessmen to Syria to discuss investments in energy, agriculture, infrastructure and other sectors, he said.

The Syrian leadership is seeking to strengthen ties with Arab and Western leaders following the fall of Assad at the hands of Ahmed al-Sharaa's Sunni Islamist group, Hayat Tahrir al-Sham.

It hopes a flow of aid and investments by Gulf neighbors following the lifting of economic sanctions would help it rebuild a state shattered by conflict.

Syria's Sharaa is set to visit Kuwait on Sunday upon an invitation by Kuwait's Emir Sheikh Meshal al-Ahmad al-Sabah, Syrian state news agency SANA reported, citing a source in the Syrian president's office.

Sharaa is set to discuss joint cooperation in various economic and political aspects in his first official visit to Kuwait, the source said.

Top News / World+Biz

Saudi Arabia / syria / Saudi Foreign Minister Prince Faisal bin Farhan Al Saud

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image of bank deposit. Illustration: Collected
    Inflationary pressure drags April deposit growth down to 8.21%
  • Logo of the Bangladesh Jamaat-e-Islami. Photo: Collected
    Jamaat to get back registration with 'scales' symbol: EC
  • E-commerce sector worried over VAT tripling
    E-commerce sector worried over VAT tripling

MOST VIEWED

  • Official seal of the Government of Bangladesh
    Govt raises special incentive for employees to 15% from July
  • (From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS
    Meet the women driving Bangladesh’s startup revolution
  • Illustration: TBS
    Clamping down: Once Japan, now China
  • From left, National Citizen Party Convener Nahid Islam, BNP Standing Committee member Salahuddin Ahmed talking to reporters in Dhaka on Monday, 2 June 2025. Photos: TBS
    BNP, NCP exchange got heated during Monday's meeting with CA Yunus
  • Pie chart showing revenue sources (NBR tax, foreign grants, etc.) and bar graph showing expenditure breakdown by sector (public services, interest payments, education, etc.) for Bangladesh's FY26 budget.
    Budget FY26 in infographics
  • Infographics: TBS
    After a slow April, exports make strong rebound in May with $4.74b in earnings — highest in 11 months

Related News

  • Million-plus pilgrims to begin hajj under blazing sun
  • US gives nod to Syria to bring foreign jihadist ex-rebels into army
  • 87,157 pilgrims reached Saudi for Hajj
  • Saudi Arabia suspends block work visas for 14 countries, including Bangladesh — Here's why
  • Syrian Kurdish commander in touch with Turkey, open to meeting Erdogan

Features

Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

3h | Panorama
(From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS

Meet the women driving Bangladesh’s startup revolution

11h | Panorama
Illustration: TBS

The GOAT of all goats!

1d | Magazine
Photo: Nayem Ali

Eid-ul-Adha cattle markets

1d | Magazine

More Videos from TBS

Is the 50-year-old law the new move of Trump's tariff war?

Is the 50-year-old law the new move of Trump's tariff war?

43m | Others
News of The Day, 04 JUNE 2025

News of The Day, 04 JUNE 2025

2h | TBS News of the day
One-sided budget given without consulting political parties and citizens: Amir Khasru

One-sided budget given without consulting political parties and citizens: Amir Khasru

4h | Others
Whatever BNP will do in 180 days if it wins the election

Whatever BNP will do in 180 days if it wins the election

5h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net