Saudi Arabia and South Korea Sign Deals to Boost Investment and Cooperation
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Saudi Arabia and South Korea signed 52 MOUs for cooperation across sectors like tourism, supply chains, real estate, technology, and transportation.
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The agreements were signed at the Saudi-Korean Investment Forum attended by government ministers and business leaders.
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A $160 million joint fund was established to support mutual investment activities between the countries.
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Saudi Arabia is making strides in electric vehicles, with emerging companies eager to partner with Korean firms.
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Saudi Arabia and Korea signed an MOU between construction authorities to enhance cooperation and exchange expertise.