Economy
Meeting witnessed signing of a strategic partnership agreement
Across various sectors including green energy, information tech
There is a strategic direction to strengthen bilateral relations
PIF catalyst to achieving Vision 2030
Riyad Bank PMI rose to 58.5 points in November
Project to contribute SAR 297 mn to the country's GDP annually
To mark World Cup win over Argentina
And cooperation in infrastructure, hydrogen production
Kingdom was first destination for Chinese foreign investments in H1
Surplus is supported by an increase in crude oil revenues
Growth primarily driven by a 14.5% increase in oil activities
Deals aim to improve quality of life, increase investor interest
This brings the total number of companies to 6
New investment licenses issued in Q3 2022 amounted to 1,163
Seven mega-agreements are expected to be announced today
Robust economy, diversification, capital markets attracting investments
The two countries signed 11 deals to promote investment
Though activity slowed due to higher production costs
MOU with Saudi Finance to establish IMF regional office in Kingdom
