22 Hrs
Source:
الاقتصادية
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European-Gulf Summit Reviews €166B Investment Plan
The article discusses expectations that the upcoming second Gulf-European Summit in Riyadh will serve as a platform to strengthen economic partnerships. The focus is on transforming the current trade volume of €165.6 billion (2025 projected) and mutual investments exceeding €353 billion into long-term investments and collaborations. These are not limited to oil but extend to sectors such as clean energy, hydrogen, artificial intelligence, and technology. The figures indicate growth in trade of goods and services, as well as increasing investments, offering significant potential to move from traditional trade relationships to innovative investment models and joint project development. The aim is to enhance cooperation in areas such as renewable energy, supply chains, cybersecurity, and to transform the relationship into a strategic partnership based on implementation and tangible investment.
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