Close Menu
    • Home
    • Contact Us
    Saudi BeaconSaudi Beacon
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Saudi BeaconSaudi Beacon
    Home » KSA and US sign agreements on space, energy, communications, and health
    Business

    KSA and US sign agreements on space, energy, communications, and health

    July 16, 2022
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    Energy, Investment, Communications, and Health Ministers of Saudi Arabia have signed 18 agreements with their counterparts in the United States. Through the aforementioned agreements, new avenues for joint cooperation in the fields of investment, energy, ICT, space, and health have been opened. Saudi Press Agency reports that thirteen bilateral agreements were signed during US President Joe Biden’s visit to the Kingdom. These agreements were signed with the Ministry of Investment, the Royal Commission for Jubail and Yanbu, and various private companies. Among them are Boeing Aerospace, Raytheon Defence Industries, Medtronic and Digital Diagnostics, IKVIA in the healthcare sector, as well as many other US companies in energy, tourism, education, manufacturing and textiles.

    The Saudi Space Authority signed the Artemis Accord with the US Space Agency (NASA). This will allow it to explore the Moon and Mars with NASA. It will also enable it to join the international coalition preparing to explore and use the Moon, Mars, comets, and asteroids peacefully. A memorandum of cooperation between the Ministry of Communications and Information Technology and IBM, a leading digital tech company, was signed. This upskilling program is designed to upskill 100,000 young people over 5 years within 8 innovative initiatives to position the Kingdom as a regional leader in technology and innovation.

    Additionally, MCIT signed a cooperation agreement with the US National Communications and Information Administration (NTIA) regarding 5G and 6G technologies. This agreement aims at accelerating the growth of the digital economy and enhancing the pace of research, development, and innovation in the Kingdom’s digital ecosystem. Saudi Arabia and the United States of America signed a partnership agreement on clean energy, covering areas and projects of cooperation in this sector. This agreement also covers cooperation on civil nuclear energy and uranium, reinforcing their efforts to promote clean energy and climate change. A memorandum of cooperation on public health, medical sciences, and research was also signed between Saudi Arabia and the United States.

    In public health, the memorandum supports and bolsters existing relationships among individuals, organizations and institutions. The initiative also aims to consolidate joint efforts in addressing public health issues and medical, scientific and research challenges, as well as exchanging information, expertise, and academics. As part of the memorandum, workers in the health and medical fields will be trained jointly, while health information systems, research and development, and health innovation will also be addressed.

    Related Posts

    Samsung leads global chip investment with US$59.2B spend

    June 10, 2026

    Egypt GDP rises 5.2% as foreign reserves climb

    June 8, 2026

    Korean cosmetics exports hit US$5.6 billion in five months

    June 8, 2026

    Investor interest lifts UAE real estate in global index

    June 5, 2026

    Dollar heads for weekly gain as yen nears 160 level

    June 5, 2026

    Tokyo market splits as Nikkei sets closing record

    June 2, 2026
    Latest News

    South Korea tops Czechia 2-1 in FIFA World Cup Group A

    June 12, 2026

    ZAPOPAN, MEXICO / Content Syndication Services / – South Korea opened its FIFA World Cup Group A…

    UAE and US discuss UN cooperation in Abu Dhabi

    June 11, 2026

    KSQF UNICEF project helps children leave Congo mines

    June 11, 2026

    Kuwait flights resume after brief airspace closure

    June 11, 2026

    Samsung leads global chip investment with US$59.2B spend

    June 10, 2026

    DR Congo Ebola cases rise to 598 as deaths reach 115

    June 10, 2026

    Nvidia expands South Korea AI and data centre deals

    June 9, 2026

    Egypt GDP rises 5.2% as foreign reserves climb

    June 8, 2026
    © 2026 Saudi Beacon | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.