Syria and Saudi Arabia have signed 47 investment agreements valued at over $6 billion. The deals, announced Thursday, aim to rebuild Syria's economy and cover sectors including real estate, telecommunications and finance.

The deals highlight the countries’ deepening relationship under the new Syrian government, and a wave of investment in a country squeezed by war and sanctions.

RIYADH, July 23 (Reuters) - Saudi Arabia's investment minister led a business delegation travelling to Syria on Wednesday, where they were expected to sign deals worth $4 billion to $6 billion as part of Riyadh's efforts to support the country's post-war recovery.