Economy
Saudi Arabia approves deal signed with Türkiye to promote direct investments
Saudi information minister announces official approval of memorandum of understanding
Hamdi Yıldız |
03.01.2024 - Update : 03.01.2024
ISTANBUL
Saudi Arabia announced Tuesday that it has approved a memorandum of understanding (MoU) it signed earlier with Türkiye.
Following a ministerial meeting in the capital Riyadh under the chairmanship of King Salman bin Abdulaziz, Information Minister Salman bin Youssef Al-Dosari said an MoU was approved on cooperation between Saudi Arabia and Türkiye on the promotion of direct investments, according to the state-run Saudi news outlet SPA.
The MoU was signed on July 17, 2023 as part of Turkish President Recep Tayyip Erdogan's visit to the country.
*Writing by Gokhan Ergocun
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