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China Saudi investments
December 11th, 2022 - 04:21 GMT

Saudi Arabia, China sign investment deals worth billions

Saudi Arabia and China have signed 35 investment deals worth about $30 billion during the visit of Chinese President Xi Jinping to the Kingdom. China’s business links with Saudi Arabia have been significantly boosted thanks to the agreements involving organizations from the two countries, said an Arab News report. The agreements cover a range of sectors, including green energy, technology, cloud services, transportation, logistics, medical industries, construction and manufacturing. It ...
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