Saudi Arabia Strengthens Regional and Global Partnerships

Oman and Saudi Arabia have signed agreements to bolster cooperation in financial and Hajj-related affairs, with Oman sending 14,000 pilgrims for the 1446 AH Hajj season. Simultaneously, Saudi Arabia has formed a strategic partnership with Singapore, marking Singapore's first such partnership with a Middle Eastern country, and signed a memorandum with Japan's Mizuho Bank to promote investment under the Vision 2030 initiative. Additionally, Oman and Iran discussed strengthening economic and investment ties, focusing on logistics services and trade exchanges. These agreements and partnerships underscore Saudi Arabia's efforts to diversify its economy and enhance regional and international relations.