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Saudi Arabia and South Africa have agreed upon 11 deals to expand their investments in fields of energy, water, green hydrogen, waste diversion, logistics, and aerial survey services. Saudi Arabia’s investment minister praised South Africa and drew comparisons between the two countries to establish a similarity of interests among two “major economic powers” in their respective regions. With the world undergoing constant geopolitical and economic turmoil, strengthening this relationship will provide opportunities for growth in two countries who are rapidly expanding their operations.

Saudi Arabia, South Africa sign 11 deals to promote investment

< 1 minute read

Saudi Arabia and South Africa have agreed upon 11 deals to expand their investments in fields of energy, water, green hydrogen, waste diversion, logistics, and aerial survey services. Saudi Arabia’s investment minister praised South Africa and drew comparisons between the two countries to establish a similarity of interests among two “major economic powers” in their respective regions. With the world undergoing constant geopolitical and economic turmoil, strengthening this relationship will provide opportunities for growth in two countries who are rapidly expanding their operations.

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