Jordan’s King Abdullah to Asharq Al-Awsat: Saudi Rise Is Important for Countries of the Region

Jordan's King Abdullah II. (The Royal Hashemite Court)
Jordan's King Abdullah II. (The Royal Hashemite Court)
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Jordan’s King Abdullah to Asharq Al-Awsat: Saudi Rise Is Important for Countries of the Region

Jordan's King Abdullah II. (The Royal Hashemite Court)
Jordan's King Abdullah II. (The Royal Hashemite Court)

Jordan’s King Abdullah II expressed his confidence that the upcoming Arab League summit in Jeddah will be a success, expecting that it will “kick off a new phase of Arab work based on a solid foundation of economic cooperation that seeks the interests of all parties.”

He told Asharq Al-Awsat that the “priority lies in confronting the political challenges facing our nation,” starting with the Palestinian-Israeli conflict and ensuring that an independent Palestinian state is established based on the 1967 borders with East Jerusalem as its capital.

“I am confident that the efforts exerted by my brother Crown Prince Mohammed bin Salman will ensure the success of the summit” that will be held on Friday.

He said his confidence is doubled with the developments that have taken place in recent months that have reflected a conviction of the need to strengthen intra-Arab relations based on firm economic cooperation.

“Our countries are confronting a series of challenges that need to be tackled through close and deep cooperation based on mutual benefits,” stated King Abdullah.

He cited problems such as stimulating and developing the economy and providing job opportunities for new generations. He spoke of the need for general reforms and combating corruption.

“There are also the problems of refugees, water, drugs and the environment and improving levels of education and health services,” he remarked.

“Deepening economic cooperation gives hope for the young generations and provides a solid base for stability and prosperity. I am confident that with the readiness to cooperate and with good planning, change can be achieved in the living conditions in this region, which has paid the heavy price of conflicts,” he stressed.

‘Strategic’ relations with Saudi Arabia

Commenting on Jordanian-Saudi relations, King Abdullah said: “The ties with Saudi Arabia are strategic and historic. They are based on cooperation and consultations and the need to achieve stability based on responsible policies related to regional and international affairs.”

“I enjoy excellent relations with Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman,” he continued.

“Every Arab is proud when they observe the changes that have been taking place in Saudi Arabia in recent since years since the launch of the reform and development process under Crown Prince Mohammed,” he noted.

“It wouldn’t be exaggeration to say that the current Saudi rise is an inspiration for the region,” King Abdullah told Asharq Al-Awsat. “Modernizing the economy, the use of technology, allowing youth to take part in the modernization process and focusing on culture, the arts and tourism will have a positive impact on the country and its surroundings.”

Moreover, he expressed his happiness with the ties of friendship and cooperation between Crown Prince Mohammed and his Jordanian counterpart Al Hussein bin Abdullah.

“This generation of Arab youth has hopes, aspirations and abilities that will build a better future for our countries,” he remarked. “I hope that we will have a new opportunity for our countries and region where we can mobilize energies in service of a development project and pave the way for prosperity and stability for our peoples.”



Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
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Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)

Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on the country.

"Syria today is a land of opportunities, with immense potential across every sector—from agriculture to oil, tourism, infrastructure, and transportation,” Barnieh said in an interview with Reuters at the Finance Ministry in Damascus.

"We envision a central role for the private sector in the new Syrian economy. The finance ministry's role is not to spend indiscriminately or act as a regulatory enforcer over businesses, but rather to enable and support growth."

A wall outside his office still bore the discolored outline of one of the many posters of former strongman Bashar al-Assad that used to hang in Syria's public buildings before his ousting by the Hayat Tahrir al-Sham (HTS) last year.

Changes in Syria have been swift since Assad fled to Russia in December of last year.

HTS commander Ahmed Sharaa was appointed president, formed a government and had quick success garnering Gulf Arab support and getting most European sanctions lifted.

The stunning turn of events was capped by a meeting between Sharaa and Trump in Riyadh on Wednesday after Trump's pledge to cease US sanctions imposed on Syria under Assad-family rule, measures widely seen as the biggest external obstacles to the country's economic recovery.

Trump has not set out a timeline for removal.

"One of the most critical outcomes of lifting sanctions would be Syria's reintegration into the global financial system," Barnieh said.

"This would allow us to restore financial flows and attract investments, which are urgently needed across all sectors,” he said, adding that Syrian authorities have already seen strong interest from Saudi Arabia, the UAE, Kuwait, Qatar, and several EU countries, among others.

He noted that the government is undertaking a comprehensive overhaul of public financial management, including reforms to the tax system, customs, and banking -- part of a broader effort to modernize an economy long burdened by an oversized public sector.

He also struck a cautioning tone, saying that the removal of sanctions would be just the first step in a years-long recovery for a country ruined by 14 years of war.

"The lifting of sanctions is not the final chapter," he said.

"We cannot afford to become complacent. We are entering a new phase that demands real results and visible progress on the ground."