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Saudi-European investment forum witnesses signing of 8 MoUs

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The Saudi-European Investment Forum concluded on Tuesday, with the participation of Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih, Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef, Minister of Transport and Logistics Eng. Saleh bin Nasser Al-Jasser, Vice-President of the European Commission Maros Sefcovic, Special Representative of the EU for the Gulf Region Luigi Di Maio, other senior officials from the Kingdom of Saudi Arabia and European Union countries, and CEOs of major Saudi and European companies.

During the forum, the government sector and the private sector signed four memoranda of understanding (MoUs) in the sectors of machinery, equipment, culture, entrepreneurship, education and training, while the private sector signed four MoUs that included the sectors of energy, water, wastewater treatment, and modern food technology . During the forum, many topics were discussed, including the transition to clean energy, zero-neutrality industries, natural resources in the Kingdom, transportation, and infrastructure. —SPA

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