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.

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.

DAMASCUS, July 24 (Reuters) - Saudi Arabia announced $6.4 billion of investments in Syria on Thursday, reflecting the kingdom's deepening ties with interim President Ahmed al-Sharaa's government as it seeks to rebuild Syria after a 14-year civil war.