(MENAFN) During Crown Prince Mohammed bin Salman's visit to Britain today, Wednesday, the two countries are expected to ink agreements that could be valued at as much as USD100 billion.
The agreements will focus on improving cooperation between the two countries in security, technology, and education sectors, as well as discussing possible prospects for letting Saudi Arabia take over more British firms, as well as increase its investments in the UK.
The visit aims to strength the relationship between the oil-rich kingdom and the UK, Arabian Business reported, citing Saudi foreign minister Adel al-Jubeir as saying.
For its part, the UK will have big opportunities for investing in Saudi Arabia, the biggest Arab economy, after completing Brexit's negotiations, The Telegraph newspaper reported, citing the Crown Prince as saying.
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