According to the Syrian State News Agency (SANA), the Syrian Ministry of Finance on Wednesday, November 4, at the same time as the visit of the country's President Ahmed al-Shara to Riyadh, signed six development loan contracts on preferential terms with a total value of more than 403 million dollars with the Development Fund of Saudi Arabia. These contracts were signed in the presence of Prince Mohammed bin Salman, Crown Prince and Prime Minister of Saudi Arabia.

According to the Syrian State News Agency (SANA), the Syrian Ministry of Finance on Wednesday, November 4, at the same time as the visit of the country's President Ahmed al-Shara to Riyadh, signed six development loan contracts on preferential terms with a total value of more than 403 million dollars with the Development Fund of Saudi Arabia. These contracts were signed in the presence of Prince Mohammed bin Salman, Crown Prince and Prime Minister of Saudi Arabia.

According to SANA, these agreements are the first step in a series of service and infrastructure projects that are supposed to be financed with the development loans of the Saudi Fund.

The official news agency of Saudi Arabia (Hiya) also reported that during their meeting in Riyadh, Prince Mohammed bin Salman and Ahmed al-Shara discussed the development of bilateral relations and regional and international developments. Referring to the dangerous consequences of any escalation of military conflict on regional security, international shipping, energy supply and the global economy, both sides emphasized the reduction of tensions and the resolution of disputes by peaceful means.