Italy and Saudi Arabia Seal $10 Billion Deal: A New Era of Cooperation
2025-01-26
AGI
In the ancient Saudi city of Al-Ula, a historic agreement has been reached between Italy and Saudi Arabia, marking a new chapter in their cooperation. The deal, worth $10 billion, is set to strengthen ties between Rome and Riyadh, fostering economic growth and bilateral trade. This partnership is expected to boost investments in key sectors, including technology and infrastructure, and promote cultural exchange. With this significant agreement, both countries are poised to reap benefits from their collaboration, driving progress and development. Key areas of cooperation include digital transformation and innovation, with a focus on IT and cybersecurity.