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US and Saudi Arabia sign 18 agreements in energyThe agreements include deals with US aerospace and defence firms Boeing and Raytheon, and healthcare cos Medtronic, Digital Diagnostics, IQVIA
Reuters
Last Updated IST
U.S. President Joe Biden arrives to attend a news conference at Waldorf Astoria in Jeddah, Saudi Arabia. Credit: Reuters Photo
U.S. President Joe Biden arrives to attend a news conference at Waldorf Astoria in Jeddah, Saudi Arabia. Credit: Reuters Photo

The United States and Saudi Arabia signed 18 partnership agreements in fields including energy, communications, space and healthcare during a visit by U.S. President Joe Biden, Saudi state TV al-Ekhbariya reported.

The agreements include deals with US aerospace and defence firms Boeing and Raytheon, as well as healthcare companies Medtronic, Digital Diagnostics, and IQVIA, according to Saudi state news agency (SPA).

Also Read: Biden to talk oil at Arab summit concluding Middle East tour

There were also agreements in clean energy projects, nuclear energy and uranium, it said.

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Wealthy Gulf OPEC members like Saudi Arabia and the UAE are investing in renewable and clean energy while also stressing the continued importance of hydrocarbons for global energy security at a time of growing calls for a shift away from fossil fuels.

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(Published 16 July 2022, 10:25 IST)