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Saudi Arabia signs construction, smart-city deals with Chinese firms

Saudi Arabia signed housing and construction agreements worth 1.9 billion riyals (US$507 million) with Chinese partners including China State Construction Engineering during a visit to China by its housing minister, as Riyadh deepens cooperation with Beijing on urban development projects. Speaking at a signing ceremony on Monday evening in Shenzhen, Minister of Municipalities and Housing Majid Al-Hogail said Saudi Arabia was accelerating housing…

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South China Morning Post broke the news in Hong Kong on Wednesday, June 17, 2026.
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