Italy signed agreements worth around $10 billion with Saudi Arabia as part of a strengthened strategic partnership, Italian Prime Minister Giorgia Meloni said after meeting Saudi Crown Prince Mohammed bin Salman.

Italy is a strong trading partner of Saudi Arabia's, and the two countries are eying cooperation on renewable energy.

Italian insurer and export credit agency Sace said Sunday that it signed five accords worth $6.6 billion in Saudi Arabia.

Italian Prime Minister Giorgia Meloni met with Saudi Crown Prince Mohammed bin Salman on Sunday as she looks to boost ties with the oil-rich kingdom. The two signed a declaration that elevates the countries' bilateral relations to the level of a strategic partnership and initiates closer cooperation in an array of fields,

Italian Prime Minister Giorgia Meloni and Saudi Minister of Investment Khalid Al-Falih convened a high-level roundtable meeting in AlUla Governorate.

Mohammed bin Salman, Giorgia Meloni sign agreement to establish strategic partnership council between Saudi and Italian governments - Anadolu Ajansı

Italy signed agreements worth around $10 billion with Saudi Arabia as part of a strengthened strategic partnership, Italian Prime Minister Giorgia Meloni said on Sunday after meeting Saudi Crown Prince Mohammed bin Salman.

Premier Giorgia Meloni said relations between Italy and Saudi Arabia have reached a new high as she took part in a high-level round table in AlUla on Sunday. "We are all aware that the relationship between the Italian and Saudi economic and financial systems has much room for growth: it is in our common interest to make a qualitative leap,

Italy signed agreements worth around $10 billion with Saudi Arabia as part of a strengthened strategic partnership, Italian Prime Minister Giorgia Meloni said after meeting Saudi Crown Prince Mohammed bin Salman.