Saudi Arabia and the United Kingdom have signed investment agreements worth 20 billion Saudi riyals—around $5.3 billion—at the Great Futures summit in London.

Across 38 deals, funds will support clean energy, financial services, and professional sectors, and create 187 jobs shared between both nations. UK Business Secretary Jonathan Reynolds and Saudi Commerce Minister Dr. Majid Al-Qasabi described the pact as a major step in economic collaboration aligned with Vision 2030 and the UK’s industrial strategy. Bilateral trade in 2024 topped £16 billion with a 2030 target of £30 billion.