Saudi Arabia signs $50 billion worth of deals at conference
Riyadh, Saudi Arabia (CNN Business)Saudi Arabia has signed agreements worth over $50 billion with global companies at an investor conference in Riyadh despite the international uproar over the killing of journalist Jamal Khashoggi.
State oil company Aramco announced Tuesday that it had signed 15 memorandums of understanding worth $34 billion with firms from eight countries, including the United States, at the Future Investment Initiative.
Aramco CEO Amir Nasser told CNN Business’ Emerging Markets Editor John Defterios that $16 billion worth of deals had been done in other sectors of the Saudi economy.
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