BUSINESSJul 10 · 18:45 UTCMIDDLE EAST EYEYasmine El-Sabawi

'Shared ambitions': Canada, Saudi Arabia sign deals on defence, investment, and AI

Canada and Saudi Arabia signed 13 commercial agreements and memoranda of understanding worth $700m in defense, investment, AI, health technology, mining, and infrastructure. The deals include collaboration on AI through Canada's Cohere and Saudi Arabia's HUMAIN, as well as projects in renewable energy and carbon capture.

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Mark CarneypersonMohammed bin SalmanpersonCanadaplaceSaudi ArabiaplaceCohereorganizationHUMAINorganizationdefencetopicinvestmenttopicArtificial Intelligencetopic

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