Saudi Arabia signs energy agreement with Greece
Another purpose of Saudi Crown Prince Mohammed bin Salman's visit is to seek greater economic and technological cooperation with Greece.
Saudi Arabia and Greece have signed a new energy agreement.
The memorandum of understanding, signed on July 27, establishes a framework for bilateral cooperation on a variety of energy fields, including carbon capture, clean hydrogen, petrochemicals and Saudi electricity exports to Greece, the official Saudi Press Agency reported.
The two countries also announced today a strategic partnership on the building of a data cable project between Europe, Asia and Africa. It will involve Saudi, Greek and Cypriot telecom companies, according to the agency.
Data cables refer to hardware that transmit signals over large distances under the ocean.
