First day of Arab-China conference sees signing of 30 deals worth $10 billion

First day of Arab-China conference sees signing of 30 deals worth $10 billion

RIYADH,12th June, 2023 (WAM) -- The 10th Arab-China Business Conference, the largest edition to date and the first hosted by Saudi Arabia, marked its first day with the signing of US$10 billion in investment agreements, spanning more than 30 deals across an array of sectors including technology, renewables, agriculture, real estate, minerals, supply chains, tourism and healthcare.

The conference witnessed participation from high officials in the Kingdom of Saudi Arabia, senior executives and decision-makers in the public and private sectors across Arab countries and China.

The conference was the largest edition to date with more than 3,500 attendees from 26 countries and the first hosted by Saudi Arabia.