Riyadh Cables signs agreement with Syrian Sovereign Fund

08:59 AM (Mecca time) Argaam
Syrian Modern Cable Co. facilities will be operated and developed by Riyadh Cables Group Co.’s subsidiary

Syrian Modern Cable Co. facilities will be operated and developed by Riyadh Cables Group Co.’s subsidiary

Riyadh Cables Group Co. announced the signing of an agreement with the Syrian Sovereign Fund to manage, operate and develop Syrian Modern Cable Co., according to a statement to Tadawul.

 

Riyadh Cables Co., a subsidiary, will handle the project, the statement added.

 

According to data available with Argaam, Riyadh Cables’ unit, signed on Nov. 2, 2025, a non-binding memorandum of understanding with the Syrian Sovereign Fund to manage, operate and develop Syrian Modern Cable.

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