NEW — Saudi Arabia will invest in a new private Syrian airline as part of a multi-billion-dollar investment package expected to be announced on Saturday

— Syrian investment authority chief

Deals also set to include telecoms, real estate. @ChoukeirJ

After our report, Saudi Al-Arabiya adds details:
- STC to invest in telecoms infrastructure
- ⁠Flynas to be involved in new Syrian airlines
- ⁠Bin Dawood to rehabilitate and run Aleppo airport
- ACWA power project to desalinate water

EXCLUSIVE - ⁠Some UAE companies have pulled out of a major defence show taking place in Saudi Arabia, two sources with direct knowledge of the matter told Reuters

Latest sign that a rift between the two Gulf oil powers is seeping into business ‌interests.

By Reuters colleagues @femaccions95 & @NazihOsseiran

Feb 9 (Reuters) - The death toll from the collapse of a residential building in the Lebanese city of Tripoli rose to 13, as rescue teams continued to search for missing people beneath the rubble, Lebanon's National News Agency reported on Monday.

Rescue workers in the northern city's Bab al-Tabbaneh neighbourhood have also assisted nine survivors, while the search continued for others still believed to be trapped under the debris, NNA said

NEW — Syria confirms withdrawal of U.S. troops from Al Tanf base, as reported by Reuters last night.

BREAKING - Saudi Arabia dismisses Investment Minister Khalid al-Falih — royal decree

BREAKING - DP World replaces longtime chief Sultan bin Sulayem amid scrutiny over Epstein ties

Essa Kazim named chairman of board
Yuvraj Narayan named CEO