Riyadh – Mubasher: Saudi Arabian General Investment Authority (SAGIA) inked 23 agreements in a move to support the Saudi economy, Saudi Press Agency (SPA) reported on Tuesday.

The deals’ total value amounted to SAR 56.4 billion ($15 billion).

They covered several investment sectors including energy, logistics, water, technology, and petrochemicals among others.

The agreements were signed on the sidelines of the third edition of the Future Investment Initiative (FII) 2019 that has started on Tuesday, 29 October, in Riyadh.

Ending 31 October, the event will host up to 300 high-profile speakers from more than 30 countries, along with other senior policymakers, experts and investors.