Investors express their enthusiasm after Trump’s decision to drop the sanctions on Syria

It is expected that the overthrow of US sanctions on Syria will be the beginning of a new era of the war that destroyed the war for 13 years, and that it will give the way to the flows of investments from Syrians abroad, Turkey and Gulf countries.
The Syrian businessmen, finance minister and analysts told Reuters that they expect capital to flow to the thirsty economy once the sanctions were dropped, according to President Donald Trump’s sudden announcement, despite many challenges that are still facing the state.
In a speech broadcast on television late on Wednesday evening, Syrian President Ahmed Al -Sharaa said that US President Donald Trump’s decision to lift sanctions on Syria is a brave historical decision, stressing Syria’s commitment to strengthening the investment climate.
He added, “We welcome all investors from the homeland at home and abroad and from the Arab brothers, Turks and friends around the world and invite them to benefit from the opportunities available in various sectors.”
“There is a real opportunity to make a fundamental change in Syria and the wider region,” says Timothy Ash, a prominent strategic analyst of sovereign assets in the emerging markets of RBC Pllobi Asset Management.
Official Syrian data reported by the World Bank in 2024 showed that the Syrian economy decreased to more than half between 2010 and 2021. But the bank said that this is more likely less than reality.
* Opportunities in all fields
The value of the Syrian pound has increased since Trump’s announcement.
Traders said that the currency ranged between 9000 and 9,500 against the dollar today, compared to 12600 earlier this week. Before the war in 2011, the dollar was equivalent to 47 Syrian pounds.