Saudi-Greek Investment Forum sees $3.7bn deals on energy, economy and technology

RIYADH: Ministers from Saudi Arabia and Greece came together with leading private sector officials to discuss ways to enhance economic and investment cooperation between the two countries at a special Forum on Wednesday.

The meeting included discussions on communications, transport, logistics and energy, in addition to a signing ceremony for a number of agreements and memoranda of understanding, amounting to around SR14 billion ($3.7 billion).

Saudi Arabia’s Minister of Investment Khalid Al-Falih said that the Saudi-Greek Investment Forum will strengthen bilateral economic relationship between the two countries.

“For everything that we do to advance our relations are about this — whether in the form of a fiber optic data cable, electricity, culture, shipping or people to people contacts. We are truly at a historical inflection point in our bilateral economic relations,” said Al-Falih in a tweet.

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