Sources: Saudi Arabia and Canada intend to sign 13 agreements and memoranda of understanding worth $1 billion.

Notably, the Kingdom of Saudi Arabia and Canada

Al Arabiya reported, citing its sources, that Saudi Arabia and Canada intend to sign 13 agreements and memoranda of understanding today, worth $1 billion, during the visit of Canadian Prime Minister Mark Carney to the Kingdom. The sources said the agreements cover infrastructure, mining, and industry, and the Saudi-Canadian Investment Forum will be held on the sidelines of the visit. They added that the Royal Commission for Riyadh City will sign two contracts worth $440 million, and also a partnership agreement between Ma'aden and Canada's Hatch worth up to $700 million.

{{displayname}}

{{profession}}

{{followercount}}

{{aboutme}}