Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00Syria will also reposition itself on the
00:00:04economic map through services
00:00:06and goods produced in Syria. Another extremely
00:00:10important matter is Saudi Arabia,
00:00:12and other with its strategic weight and financial weight,
00:00:16Syria, so that we are at redefining risks or defining Syria
00:00:20on the global risk map. This means that today,
00:00:27Yassin Al-Ali. As my guest from what is happening in Lebanon, what is happening in when Saudi Arabia enters Syria with its qualitative weight, and large projects are carried out
00:00:30and implemented, this truly
00:00:33the Saudi brother from other countries and other investors, and reduces
00:00:35the state of uncertainty, and people become
00:00:38more courageous to enter this
00:00:41market, because today
00:00:44and the Syrian government, in fact, how any market in a war economy, all investors, there are people
00:00:48who believe that this region is high risk, and therefore, high
00:00:52risk areas are high profit areas. We are talking here
00:00:54business wise, meaning in terms of numbers
00:00:58and business. There is no doubt that the entry of Saudi
00:01:02Arabia and the transformation of these
00:01:05of the House or understandings into an achievement and into work, and here the third stage
00:01:09is truly its ultimate
00:01:11and largest oil producers in focus in the
00:01:12pillar of government's management
00:01:15of these files
00:01:21industrial cities in Syria with on, and why all this and the setting of time and all this frames for them, and how these understandings or these agreements
00:01:24will turn into a productive thing that the Syrian
00:01:27citizen feels through the projects that can be established with
00:01:31Saudi Arabia in the specifically productive sectors,
00:01:34in both the industrial and agricultural sectors. I return to
00:01:37you, Professor
00:01:39For example. Yes, it will not affect Syria was, for a period of Naif, also regarding political and security coordination
00:01:42between the two countries. How does
00:01:44Syria, so the economic that affect the stability of the entire region, not just the stability
00:01:47of Syria? Look, regarding the agreements that my
00:01:52the raw materials will come from colleagues talked about, and they put things in perspective, and I will talk about
00:01:55their importance, whether related to the defense aspect, the economic aspect, or
00:01:58infrastructure, related to projects, industry,
00:02:01petroleum, and frankly, what is related to
00:02:04Syria needs such projects, because today Syria
00:02:08has recovered a lot, even now regarding the banking sector. Now connecting
00:02:11Syria to international banks, this
00:02:15is a very important indicator for
00:02:17Hezbollah or others. Syria should not Syria's recovery. Also, a businessman and you live in when countries see that
00:02:20Saudi Arabia, with its political, military, security,
00:02:23and economic weight, signs these agreements
00:02:26as the strongest partnerships between it and
00:02:29the Syrian government, this gives us an indication, and it gives us an
00:02:33assurance that the Kingdom trusts the Syrian government and trusts
00:02:36the promising Syrian economy, which will certainly
00:02:39have very strong results for both countries, given Syria's
00:02:42location. Syria, by the way, is located in a very important strategic location
00:02:46for Saudi Arabia and for other Arab
00:02:49countries, as well as the Middle East
00:02:53in general. Syria was in the past period, it had no effect on
00:02:57the international map, whether the political or
00:03:01security or even economic map. Syria was almost forgotten.
00:03:04Unfortunately, Assad
00:03:07and capabilities in really made Syria fall behind 100 or 200 years
00:03:11back, instead of developing its technical and
00:03:15scientific
00:03:16of rising, capable and cultural
00:03:19is what can truly be benefited from of responding aspects. On the contrary, it affected Syria. But we will not talk about the past. The past is over. Today we
00:03:23have Ahmed Al-Shara's government,
00:03:25Syria suffered for a long ministers, officials, a very great ambition
00:03:28for the people and the government. Today, as long as it has joined
00:03:31hands with Saudi Arabia, this hand that always
00:03:35joins hands with the Kingdom will find goodness, it will find growth, it will find
00:03:39development, it will find progress, it will find the support of Saudi
00:03:42Arabia because it stands with a brother for his brother, with a neighbor
00:03:45for his neighbor, with a sister
00:03:47has changed 300 of its regulations Arab country, a country that suffered greatly. The Syrian
00:03:50people suffered, and in fact,
00:03:54resource itself. Therefore, in fact, benefiting from state institutions suffered from the previous regime. Today, its system is an open
00:03:57And they are system, an institutional system,
00:03:59necessities, not a system that works with full transparency
00:04:01and clarity. Saudi Arabia, rather the Syrian government, stands with
00:04:05the Kingdom. We can mention that from time to time, we receive such drones
00:04:08and missiles from the Houthis,
00:04:12as well as ballistic missiles. We find the Syrian government
00:04:15standing with Saudi Arabia, condemning and denouncing
00:04:19and standing with the Kingdom, like a brother with his brother,
00:04:23capabilities, it has raw materials like a neighbor with his neighbor, and development projects in Syria. This and truly standing with
00:04:26the Kingdom because it knows that Saudi Arabia works for
00:04:32Yemen and for the security of Yemen as an Arab country. So notice that the
00:04:35is, yes, this agreement or this Kingdom, it supported many. It supported Kuwait, we can remember when
00:04:37Iraq invaded Kuwait, and Kuwait today enjoys security
00:04:40and safety. It supported Bahrain
00:04:45this was directed from is in Damascus. when Iran wanted to affect Bahrain, and the Peninsula Shield entered, and today Bahrain
00:04:49between the two countries, and Syria should not our brothers said, from and stability are playing. Today, Saudi Arabia, through the Arab coalition, is found today in Yemen.
00:04:53aspect of It has liberated almost 80% of Yemeni territories. They have been liberated,
00:04:58there was no industry God willing, the path to ...
00:05:02of the ministers participating with
00:05:19Professor Nayef, I really want to ask you also, to what extent is the relationship today
00:05:22complementary? And also, Syria has
00:05:26what it can offer to its Arab surroundings due to its strategic location
00:05:29and its return also, since you are talking
00:05:32about what is happening in Yemen,
00:05:36Iraq? The matter will probably seem completely different.
00:05:39Syria is an influential country. Syria is a strong
00:05:43country politically, militarily, securely, strategically. No one doubts this.
00:05:46Syria today, Syria today is not the Syria of today, but the Syria
00:05:49of Ahmed Al-Shara, the Syria of institutions, the Syria of strength, the Syria of the Arab
00:05:53embrace, the Syria of the Islamic embrace, the Syria of growth,
00:05:57development, and progress. Let's forget the old files. They have been
00:06:00dealt with. Syria today does not talk about crises. They are over. It talks about
00:06:04the crisis. Today it talks about development. It talks about
00:06:08the reality of state institutions. Today Syria has automation
00:06:11and it has laws and it has development
00:06:14and it has artificial intelligence and it has everything related
00:06:17to Syria's development. Otherwise, the visit of a delegation of this
00:06:21high level and the signing of these agreements with Saudi Arabia is a clear indication
00:06:25that Syria yesterday
00:06:28is not Syria today. Syria today, thank God, has its strength
00:06:31and its sovereignty and its influence
00:06:35on its Arab and Islamic surroundings, and the state, yes.
00:06:39Okay, returning to Professor Rida, Professor Rida,
00:06:42you talked about the importance of economic
00:06:45projects between the two countries, and a little while ago my guest, the doctor, was saying
00:06:48that places with high
00:06:52risks will have high profits. This is what I understood from you.
00:06:56Okay, but on the same side, perhaps some might tell you
00:06:59that it might be an adventure. Is it an adventure in
00:07:03Syria, or is it quite the opposite, attractive
00:07:06for investments and a future for a very profitable
00:07:10and sustainable investment? My
00:07:13dear sir, we need to
00:07:17create an environment, an environment
00:07:19that attracts investors
00:07:22for the investor these
00:07:25investment opportunities. All
00:07:28resources are available to us, and as my
00:07:31colleague said, Syria is a raw country and Syria
00:07:35needs it, and investors are ready, but
00:07:39investors need an environment
00:07:43that attracts them, that makes them comfortable,
00:07:45because organizing
00:07:48their affairs, organizing... what
00:07:51do you mean by environment? What do we simplify the matter? What
00:07:54is required today from Syria to attract
00:07:57investors? What is required is remittances,
00:08:01guaranteeing profits, and encouraging them to
00:08:05sign investment contracts,
00:08:08but in partnership, that we be partners,
00:08:13partners between two sister countries, a country with
00:08:16high experience
00:08:19implementation. And we have
00:08:23our republic, which is available, and it has
00:08:26all the conducive factors
00:08:28with its strategic location,
00:08:31with its raw
00:08:33land,
00:08:35with the power that we can work on, which
00:08:39is human resources. Our people
00:08:43need education
00:08:47after all these
00:08:50dark years that we went through, the years
00:08:52of darkness that we were forced to live in because
00:08:56of a regime
00:08:59that monopolized everything for itself. We
00:09:02have youth power that needs education. We have
00:09:06land that needs, we must create these investment opportunities
00:09:09so that we all come and invest more and more. This
00:09:13has happened and is happening. It needs
00:09:16a little time, but I appeal to all
00:09:20government and specialized authorities
00:09:22to create
00:09:26this environment that motivates
00:09:29and encourages investors more and more
00:09:32because Syria is
00:09:35a land, a ready and prepared land.
00:09:39We just need help and more
00:09:43and more progress, hand in hand, and God willing,
00:09:46we will reach very important investments
00:09:49between us and benefit from
00:09:52the experiences and the embrace of Saudi
00:09:55Arabia, which embraced us, as
00:09:59the beginning, and to a brighter
00:10:03future, more and more. I believe in this because
00:10:06we were created in this
00:10:09Kingdom and we saw how
00:10:12it embraced us, and we know
00:10:16the approach, the style, and the vision that it is pursuing
00:10:20and working with, and the opportunities
00:10:22that we can benefit from to prepare
00:10:25our infrastructure and prepare
00:10:27وتهيء
00:10:30job opportunities for young people and exploit all agricultural
00:10:34resources that we have
00:10:37raw materials that
00:10:41carry us, God willing, to
00:10:44a future
00:10:47that will be, I mean, today rather than tomorrow. That's what I can
00:10:51say. Yes. Well, I return to you, Dr. Basel. Today,
00:10:55Saudi Arabia and many Arab countries are very interested
00:10:58in Syria's development and
00:11:01stability. How can Syria invest
00:11:05this interest and these agreements that were signed
00:11:09today in economic recovery, reconstruction,
00:11:12and stability?
00:11:15I mean, today there is a part of this
00:11:18visit that clarifies or reveals Syria's
00:11:22return to its regional and Arab
00:11:25surroundings, and Syria's importance
00:11:29in regional stability. Riyadh also views
00:11:33a stable Syria as a basic
00:11:37Arab national security.
00:11:40And here, it can be said that
00:11:44Syria is located at the crossroads of
00:11:47three paths or three axes:
00:11:51stability of the Eastern Mediterranean, security of
00:11:54the Arab Mashriq, in addition to being on
00:11:57the path or line of Iranian influence.
00:12:01We remember that
00:12:04time, the main pillar for Iranian
00:12:07supply to Iran's allies and proxies,
00:12:11whether in Lebanon or other regions,
00:12:13on its way to the Mediterranean. This
00:12:17all ended with the fall of
00:12:20the former regime. And here is an Arab
00:12:23interest, a Gulf interest, a Saudi
00:12:26interest. I just want to refer
00:12:30to brother Ammar's question about what
00:12:34Syria can offer to attract investments
00:12:38and make it attractive for investors
00:12:41to come. It is necessary to update and develop all
00:12:45previous laws, create a legislative
00:12:48environment attractive to investment, provide
00:12:52guarantees to the investor,
00:12:55in addition to the banking environment
00:12:58to facilitate financial
00:13:01transfers and withdrawals. All
00:13:04of this encourages investors, whether
00:13:07Saudi or others, so that
00:13:11it becomes an opportunity and Syria invests.
00:13:15We know that, as
00:13:17you said, doctor, there were some
00:13:20statements that Syria is not
00:13:23ready for investment, not stable. These
00:13:27agreements signed today with the Kingdom, what do
00:13:30they indicate?
00:13:33They indicate that there is
00:13:37Saudi confidence and belief that Syria is capable
00:13:43and overcoming all the challenges it faces.
00:13:47However, as I said, there are still obstacles
00:13:51that must be overcome.
00:13:54There is, there is the trust of our brothers.
00:13:58We must make
00:14:01it
00:14:04in its place, meaning we must also
00:14:07create the conditions that our brothers
00:14:10need to complete the task.
00:14:12They extended their hands, we must be ready
00:14:16and seize this opportunity. In answer
00:14:19to your question,
00:14:21we are indeed facing a historical opportunity,
00:14:25both with the Saudi support, the Gulf
00:14:28support, regional support, even, I mean, the United
00:14:31States of America. We do not know
00:14:35how conditions will change after these
00:14:38elections, the midterm elections and the Democrats'
00:14:41control of Congress, both the Senate
00:14:44and the House. But the previous
00:14:47period was a historical
00:14:50stage that the Syrian-American
00:14:53relationship had not experienced since independence. So we
00:14:56are facing a historical opportunity for Syria with this Arab,
00:15:00regional, international embrace.
00:15:04The ball is now in our court. The ball
00:15:07We must respond to all
00:15:10this trust that is given to us,
00:15:13whether by the Saudis today, by signing these comprehensive agreements
00:15:17in more than one sector: financial, economic,
00:15:21military, security. And this is clarified by both the nature
00:15:24of the agreement and the nature
00:15:27the delegation that visited Saudi
00:15:30Arabia. We must invest all these
00:15:33circumstances and create an investment environment,
00:15:37as I said, by updating and developing laws, making the legislative
00:15:41environment suitable and prepared for investments,
00:15:45in addition to the guarantees that the investor needs in
00:15:49any country, whether Arab or foreign, and not only in
00:15:54the level that our brothers expect
00:15:58from us. Excellent, Dr. Basel, you raised very
00:16:02important points, and I mean, I was supposed to give the floor to you,
00:16:05doctor, but allow me to refer these points to our guest,
00:16:10Riyadh, Professor Nayef. Professor Nayef, Dr. Basel
00:16:14frankly said that there is Saudi faith
00:16:17in Syria,
00:16:19and he pointed to important points. There were high-level
00:16:23statements from, I mean, a great power, that
00:16:26no one encourages investment, the situation
00:16:30is unstable, internal and external problems. But despite that,
00:16:34Saudi Arabia is moving forward with this momentum. Also, I mean,
00:16:37only yesterday, the Democrats took control
00:16:42of Congress in both its chambers, the Senate
00:16:46and the House, and despite that,
00:16:49Saudi Arabia is moving forward with full confidence. What
00:16:52does Saudi Arabia rely enthusiasm
00:16:57economic support?
00:17:00United States. Yes, yes. And the United States of America, for the first time,
00:17:04the United States of America has elections. Over the many years that have passed,
00:17:07how the Republicans are, how the Democrats are. But policies may change, and perhaps
00:17:11we will return to the Obama era in dealing with Iran, for example.
00:17:17the Kingdom, and it will not affect Syria, and it will not affect
00:17:20because relations are strong, and relations are solid, and the relations of Saudi
00:17:24Arabia are equal to those of other countries, no matter what. I mean, the Kingdom is a political
00:17:28power, a military power, a security power, and our relationship with Syria is
00:17:31a relationship of a brother with his brother, and a neighbor with his neighbor, and an Arab with an Arab,
00:17:35and a Muslim with a Muslim. And a little while ago,
00:17:38about a point, which was what was called the Shiite
00:17:41crescent. Today, Syria, it is enough that it
00:17:44broke this crescent. It is enough that it prevented Iranian expansion.
00:17:48It prevented the expansion of the militias
00:17:51that were present, whether
00:17:54be underestimated as a power. It should not be underestimated as a state. Today, it is coming
00:17:58with its political power and its
00:18:00security power, as well as its economic
00:18:04power. Anyone who says they entered into partnerships with Syria today
00:18:07will find, God willing, it is enough that you support an Arab country. It is enough
00:18:11that you support an Islamic country. It is enough that you support a country that has helped
00:18:15you, or to be precise, the first visit was to Saudi Arabia,
00:18:18and as they say, it is a partnership. It is a partnership, by the way. It is not,
00:18:21it is not that Syria is not working on
00:18:24charity work or relief work or anything like that. What we see today
00:18:28is not relief work. What we see today is the signing
00:18:31of agreements. Syria has merchants, it has
00:18:34investors, it has industries, it has
00:18:37innovations, it has human resources, it has
00:18:41all of these. It will work hand in hand with Saudi
00:18:44Arabia. Today, Saudi Arabia and Syria will become two powers,
00:18:48whether in the military aspect, or the economic aspect, or the political aspect, or
00:18:51the security aspect. We are strengthening ourselves as Arab
00:18:55countries. Whenever a member of any Arab country or Islamic country complains,
00:18:59the other member will complain.
00:19:03time, but I don't want to talk about the past. The past is over. Today we have
00:19:06a strong government, we have the coming government that changed many
00:19:10of the regulations. A little while ago, we were talking about the regulations. Most of the regulations
00:19:14related to trade and investment have been fundamentally changed in Syria.
00:19:17They are now suitable for Saudi investors to invest there
00:19:21in Syria. Also, thank God, the Kingdom
00:19:25in the investment aspect, in the legal aspect, in the Kingdom's regulations.
00:19:28All of this is in order to strengthen Saudi Arabia
00:19:32through the Kingdom's Vision 2030: a prosperous economy,
00:19:36an ambitious nation, a vibrant society. Today, the Kingdom is living a vibrant life
00:19:39and is keen on Syria's security, keen on Syria's stability,
00:19:43keen on Syria's economy. Syria, by the way, in less than five years, and I am sure of that,
00:19:47will become the new China. It will have industries, it will have investments.
00:19:51Instead of importing goods from distant lands, from the East and the West,
00:19:54we will import them from Syria because Syria has agriculture, and this is very important.
00:19:58It has industry, it has
00:20:01in human resources, it has promising industries, or
00:20:05it has promising trade. This will make
00:20:08the Kingdom put its weight in Syria, and it will gain
00:20:11Syria's security first, and it will also gain Syria's stability, and it will gain
00:20:15both countries. Any relationship between two countries, by the way, is a bilateral
00:20:19relationship based on respect, based on mutual
00:20:23benefits. All of this is present
00:20:26be underestimated, by the way. I mean, no matter what, we can talk about
00:20:30the previous government, I mean, it was hijacked, and unfortunately,
00:20:35in it, there was no correct tourism. But Syria, in two
00:20:39years, today, anyone who reviews Syria's institutions and its system
00:20:43and saw its existing investments in it, or visited Syria, today we
00:20:46only see video clips of how beautiful Damascus is, how
00:20:50beautiful the streets of Damascus are, how the Umayyad Mosque returned,
00:20:53how life returned to Syria. Today, the Syrian person has regained
00:20:57his life, regained his energy, regained his positivity, regained
00:21:01his love for, and relations have also
00:21:04returned, and Syria has taken from the Arabs. We say, thank God,
00:21:07thank God, thank God for Syria's return, and relations with Saudi Arabia
00:21:11are in their best state. Let me return to you here, Dr.
00:21:17Saudi Arabia said, Syria has many potentials, and it is a fertile
00:21:20ground for investment.
00:21:23Why, or in which areas can
00:21:26those interested in the Syrian market today invest,
00:21:30especially Saudis today, after these
00:21:33agreements that were signed in various sectors?
00:21:36But in your opinion, from your point of view, what are the most prominent
00:21:40sectors in which an investor can invest?
00:21:43Okay, well, the sectors
00:21:46that we can focus on clearly
00:21:50and move to practical
00:21:53and applied talk are, for example, Saudi
00:21:56Arabia, as we all know,
00:22:01the world. So what Syria benefits from, Syria is a special environment
00:22:05for it to be in, and this is what also enabled us to establish
00:22:11Saudi Arabia. So I say that at the top
00:22:14of these industries that Saudi Arabia can benefit from are
00:22:17the processing industries of oil derivatives. And
00:22:21also benefiting from Syria's location in delivering
00:22:24these resources and exporting them to Europe. Benefiting from Syria's
00:22:28geographical location when these industries are established in
00:22:32industrial cities in
00:22:34impact of this matter is very, very
00:22:38important. Firstly,
00:22:42Saudi Arabia. Secondly, as we know, a few
00:22:45months ago, an agreement was signed between the Syrian
00:22:49Central Bank and Saudi Arabia to establish the first Saudi-
00:22:52Syrian bank. So even the transfer system between the two countries
00:22:56will also be an easy matter, especially after
00:22:59all legal obstacles that prevented
00:23:02that were removed, including the Caesar
00:23:05Act, and finally the removal of Syria from the list of
00:23:09state sponsors of terrorism. This is an important point. Perhaps what worries investors
00:23:13most is the issue of financial transfers. Yes, today
00:23:16financial transfers, in fact, there is no longer any legal obstacle.
00:23:20Therefore, I always say that today
00:23:23these diplomatic efforts undertaken by the Ministry
00:23:26of Foreign Affairs and Mr. President are moving
00:23:30from understandings to achievements and the signing of agreements.
00:23:33In fact, there is diligent work that
00:23:37certain sectors in the Syrian government, such as the banking
00:23:40sector, the financial sector, the Investment Authority, the Ministry
00:23:44of Economy, in fact, all of them collectively
00:23:47must categorize these
00:23:50works in an organized manner and make
00:23:53the path to investment in Syria ready
00:23:56and clear, what is for you and what is against you, and what are the
00:24:00advantages that we will offer you, and what is the time that
00:24:04it will take. So I return to your first question. In fact, this
00:24:09in terms of practical and applied aspects for Saudi
00:24:12investors. This is a very important aspect. The other
00:24:16aspect, in fact, is the agricultural and food security aspect.
00:24:27if invested correctly, and we also benefit from Saudi expertise. In fact, today Saudi administration
00:24:31in all sectors is an efficient administration
00:24:34and can be benefited from, because it is not enough to just
00:24:37own the resource. Managing the resource is more
00:24:40important than owning the
00:24:44Saudi expertise may actually transform
00:24:47the economic reality from one state to a better
00:24:50state. In fact, the Ministry of Finance has now
00:24:53issued information
00:24:56about the signing of six concessional development loan agreements
00:24:59with the Saudi Fund for Development worth
00:25:02over
00:25:03four hundred, 403
00:25:07million dollars to finance service
00:25:11figure, in your opinion,
00:25:14how can it be distributed? I mean, there are many
00:25:18sectors that have been discussed. I think
00:25:20this
00:25:25403 million dollars was the agreement with
00:25:29the main title of "Syria without
00:25:32camps." In fact,
00:25:35the Saudi
00:25:37investment fund, or rather the Saudi Development Fund. The Saudi Development
00:25:40Fund supports the
00:25:43recovery. However, the other agreements and what we are talking about
00:25:47regarding recovery is only a part. But on the other
00:25:50track, there is an investment aspect because I always, in fact, today we are focusing on the investment
00:25:54aspect because the investment aspect is what creates
00:25:57capacity and what creates the sustainability of this capacity
00:26:01through enhancing local production and attracting capital
00:26:05to enhance production, as I said, and also,
00:26:07in fact, if I want to go back and talk about
00:26:11the issue of economic security, today
00:26:14Syria has positioned itself as having
00:26:18regional influence in the region, and this is in fact what prompted Saudi Arabia
00:26:22to sign this agreement with it at this time, because today
00:26:25we see the straits, whether the Strait of Hormuz
00:26:29or the Bab al-Mandab Strait, all of these now have major
00:26:33problems. So Syria, with its geo-
00:26:36economic location, in fact, is now a very important
00:26:40location, and there is a very great bet on it. The bet
00:26:43is on the Syrian interior
00:26:47to transform this geographical resource that God Almighty has blessed
00:26:50us with from a transit economy to a corridor economy. I am not interested only in
00:26:54the passage of goods and services through my country.
00:26:57No, I want to transform today. Our ambition as Syrians
00:27:01is to transform this transit economy into a corridor economy.
00:27:05That is, wherever the dollar passes, I can offer
00:27:08it services
00:27:11and offer it goods
00:27:14and create job opportunities and create
00:27:16development opportunities. Therefore, I believe that investment opportunities are
00:27:20very great in Syria, but the basic rule
00:27:23from which investment starts is the clarity of the investment
00:27:26map and investment requirements
00:27:30and time. I believe that today, I mean, today, after one year
00:27:34and ten months, we have talked in many meetings that we must
00:27:37facilitate and simplify procedures,
00:27:41and before that, we were talking. about the
00:27:43absence of the People's Assembly today, we thank God, the legislative
00:27:47authority has been completed.
00:27:49So I think today, among the top priorities, and before anything
00:27:53else, we must indeed complete what
00:27:56relates to investment laws and reassure investors, because I always
00:28:00come back and say, trust
00:28:02is the biggest national capital that we can invest internally
00:28:06and externally, and trust cannot be built without transparency.
00:28:10Beautiful. Going back to Mr. Reda,
00:28:13Mr. Reda, you are
00:28:16Riyadh. Today, all these projects
00:28:20contribute to supporting important infrastructure.
00:28:23We are talking about supporting civil defense, civil
00:28:27defense centers, about 100 million
00:28:30dollars allocated to the health sector, hospitals and health centers,
00:28:34and also
00:28:36a large part of this or this amount
00:28:40is going to the issue of energy, electricity
00:28:44and water.
00:28:46How will such projects reflect on the service
00:28:50reality of the Syrian citizen? First
00:28:54of
00:28:56all, Saudi Arabia has experience, as we
00:29:00mentioned before, in the issue of energy and water
00:29:02treatment, providing energy. This
00:29:06encouraged the investor to make
00:29:10the existing costs low
00:29:12for establishing factories or
00:29:15investments,
00:29:18so that the costs are simple and available,
00:29:21and not at high costs, okay, and re-guiding
00:29:24and rationalizing this
00:29:28consumed water in
00:29:31non-existent ways and transferring it to be invested in agricultural
00:29:35investments as well, okay,
00:29:38and creating job opportunities
00:29:42for the Syrian citizen in a very very
00:29:46big way. This
00:29:49experience we, as investors,
00:29:52need, and these two sectors are very important
00:29:56sectors.
00:30:01luxuries, in the matter
00:30:04of industries, because we always say that we
00:30:08don't just want investors, we
00:30:11want Syria to have
00:30:14investment and partnership
00:30:18to be a land that can
00:30:22produce and export, and
00:30:25for it to be productive and export, it needs
00:30:28these two things, which are energy and
00:30:32water treatment, of course, of which
00:30:36the Kingdom of Saudi
00:30:38Arabia
00:30:40is a pioneer, and we must benefit from these experiences and and