Saudi Arabia + South Korea set to boost transport cooperation: SouthKorean President Yeon Suk-yeol held discussions with Saudi Investment Minister Khalid bin Abdulaziz Al-Falih, as well as several other high-level officials, during the Saudi-Korean Investment Forum held in Riyadh, on boosting transportation ties, Saudi press agency SPA reports. The countries inked 52 MoUs, with 42 MoUs centered on enhancing cooperation in transportation, infrastructure, and other sectors. Saudi Arabia’s Public Investment Fund (PIF) also inked an agreement with Korean car manufacturer Hyundai Motor to establish a car assembly plant in the kingdom.

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