AGBI
Pramod Kumar
09 Feb 2026
Saudi Arabia has said it will invest billions of dollars in developing new airports in Syria.
Saudi-listed Flynas and the Syrian Civil Aviation Authority have also signed an agreement to launch a budget airline that will be based in Syria.
Flynas will hold a 49 percent stake in Flynas Syria, with the Syrian Civil Aviation Authority owning the rest, the airline said in a statement to the Saudi stock exchange on Sunday.
All required licensing, regulatory approvals and operational formalities are being finalised.
No financial details were given, nor was it mentioned when the airline will start operations.
Saudi Arabia to help build airports in Syria | AGBI | 09 Feb 2026
