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2026-10-12T17:32:12.760Z

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Global debt surpasses 100 percent of GDP
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Saudi Arabia Signs Four Energy MOUs

Saudi Arabia Signs Four Energy MOUs

The Saudi Minister of Energy, Industry, and Mineral Resources, Prince Abdulaziz bin Salman, signed four memoranda of understanding with ministers from Mongolia, Tanzania, Cyprus, and Mauritius to bolster cooperation in the energy sectors, including oil, gas, renewable energy, and energy efficiency. The agreements aim to develop projects in refining, petrochemicals, renewable energy, and digital transformation, with an emphasis on solutions to mitigate climate change impacts and promote international policies. These initiatives are part of the 25th World Petroleum Conference held in Saudi Arabia.

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