Hibobi Technology News Today

Days after welcoming Secretary of State Antony Blinken as part of efforts to reset relations with the U.S., Saudi Arabia turned its attention to boosting ties

Prince Faisal bin Farhan bin Abdullah Al Saud, Minister of Foreign Affairs of Saudi Arabia inaugurated the 10th Arab-China Business Conference

Under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, the Kingdom of Saudi Arabia hosted the Arab-China Business Conference for the first time

The forum concluded with the signing of the Riyadh Declaration, underscoring continued collaboration between the China and Arab countries.

The 10th edition of the Arab-China Business Conference concluded in Saudi Arabia’s capital city on Monday with the announcement of the Riyadh Declaration

The agreements spanned more than 30 deals across an array of sectors including technology, renewables, agriculture, real estate, minerals, supply chains, tourism and healthcare

The 10th Arab-China Business Conference, the first to be hosted by Saudi Arabia, marked its opening day with signing of $10 billion in investment agreements covering several key sectors including technology, renewables, real estate, minerals and tourism.

The 10th Arab-China Business Conference marked its first day

China and Arab countries are swiftly expanding economic and trade cooperation in all fields, as more than 3,500 Chinese and Arab officials and business representatives gathered in Riyadh, capital of Saudi Arabia from Sunday to Monday for a major business conference, in which dozens of deals worth billions of dollars were inked.

Saudi Arabia said the deal accounts for more than half of the $10bn investment agreements signed at the Arab-China business conference.