Saudi

Malaysian and Saudi Arabian companies today signed seven memorandum of understandings (MOUs) covering various areas, including construction, halal cooperation, aerospace and haj services, with an estimated total value of about RM9.74 billion.

Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed, said the MOUs signalled growing interests from both countries to leverage on mutual strengths in achieving business goals.

Among the local companies that signed the MOUs were Halal Industry Development Corp, Prasarana Malaysia Bhd, Dewina Holdings Sdn Bhd, Majlis Amanah Rakyat and Silvertech Global Sdn Bhd.