Saudi Arabia and Uzbekistan sign investment agreements worth nearly $12 billion

Saudi Arabia and Uzbekistan have signed over 10 investment agreements, worth over SR45 billion ($12 billion), during the Saudi-Uzbek Business Council in Jeddah on Wednesday.

Report informs, citing foreign media, that President of Uzbekistan Shavkat Mirziyoyev is on a state visit to Saudi Arabia. At the international airport, he was met by the governor of the Medina region, heads of local law enforcement agencies and other officials.

In the afternoon, the president will arrive in the city of Jeddah, where the official events of the Uzbek-Saudi summit will take place.