LBCI

Saudi Arabia plans to pay off Syria's World Bank debts: Reuters

Middle East News

14-04-2025 | 08:51

Share

Share

Saudi Arabia plans to pay off Syria's World Bank debts: Reuters

Saudi Arabia plans to pay off Syria's debts to the World Bank, three people familiar with the matter said, paving the way for millions of dollars in reconstruction grants and supporting the country's paralyzed public sector.

The plans, which have not been previously reported, would be the first known instance of Saudi Arabia providing financing for Syria since Islamist-led rebels toppled former leader Bashar al-Assad last year.

It may also be a sign that crucial Gulf Arab support for Syria is beginning to materialize after previous plans, including an initiative by Doha to fund salaries, were held up by uncertainty over U.S. sanctions.

Reuters

Middle East News

Saudi Arabia

Syria

World Bank

Debts

Next

Lebanon-Syria talks tackle key bilateral issues, including refugees and missing persons: The details

Qatar and Egypt agree to work towards package of $7.5 billion in direct Qatari investment

Previous

Recommended For You

Israel vows to respond with 'significant force' if Syria govt fails to protect Druze

Middle East News

13:21

Israel vows to respond with 'significant force' if Syria govt fails to protect Druze

Druze shield or political tool? Israel’s Syria policy sparks backlash

News Bulletin Reports

12:50

Druze shield or political tool? Israel’s Syria policy sparks backlash

A new era in UAE-Lebanon relations: Diplomatic reset and economic cooperation ahead

News Bulletin Reports

12:44

A new era in UAE-Lebanon relations: Diplomatic reset and economic cooperation ahead

Syria monitor says sectarian clashes toll tops 100

Middle East News

12:13

Syria monitor says sectarian clashes toll tops 100

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Lebanon sets election silence periods for upcoming municipal elections

06:16

Lebanon sets election silence periods for upcoming municipal elections

President Aoun salutes Lebanese workers on Labor Day, vows continued support and reforms

09:04

President Aoun salutes Lebanese workers on Labor Day, vows continued support and reforms

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

2025-02-14

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

President Aoun: Reforms, stability will bring investors back to Lebanon

Press Highlights

04:12

President Aoun: Reforms, stability will bring investors back to Lebanon

Videos

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

2025-04-23

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust

2025-04-08

Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust

LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript

2025-04-06

LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

2025-03-23

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

Israeli official urges international support for Lebanese government and army

Middle East News

2025-03-19

Israeli official urges international support for Lebanese government and army

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

2025-02-23

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)

2025-02-23

Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)

Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)

2025-02-23

Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

2025-02-14

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

Most read

24 hours

7 days

Month

Former Assad security official met FBI in Beirut to discuss missing journalist Austin Tice: LBCI reports

1

Former Assad security official met FBI in Beirut to discuss missing journalist Austin Tice: LBCI reports

HSBC freezes accounts over suspected Hezbollah, Hamas funding linked to crypto — the details

2

HSBC freezes accounts over suspected Hezbollah, Hamas funding linked to crypto — the details

Israel claims killing two Hezbollah members in South Lebanon strikes

3

Israel claims killing two Hezbollah members in South Lebanon strikes

Mayor of Sahnaya shot dead following clashes; Syrian authorities launch investigation

4

Mayor of Sahnaya shot dead following clashes; Syrian authorities launch investigation

President Aoun: Reforms, stability will bring investors back to Lebanon

5

President Aoun: Reforms, stability will bring investors back to Lebanon

Second airstrike targets motorcycle in Meiss El Jabal

6

Second airstrike targets motorcycle in Meiss El Jabal

Israeli strike targets vehicle on Meiss El Jabal–Blida road, casualties reported

7

Israeli strike targets vehicle on Meiss El Jabal–Blida road, casualties reported

Lebanon's president wraps up UAE visit with pledges of support and cooperation — joint statement

8

Lebanon's president wraps up UAE visit with pledges of support and cooperation — joint statement

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More