March 9, 2018 / 7:46 PM / 12 days ago

UK, Saudi Arabia sign deals worth more than $2 billion

RIYADH (Reuters) - Britain and Saudi Arabia signed commercial deals worth more than $2 billion (1.44 billion pounds) during Crown Prince Mohammed bin Salman’s visit to London which ended on Friday, a joint statement said, without providing details.

Britain's Prime Minister Theresa May greets the Crown Prince of Saudi Arabia Mohammad bin Salman outside 10 Downing Street in London. REUTERS/Simon Dawson

At the start of the trip, the countries set themselves a 65 billion pound ($90 billion) trade and investment target for the coming years, with London looking for new post-Brexit markets for its services sector, and Prince Mohammed seeking to convince wary investors his country is a tolerant and modernising place.

($1 = 0.7220 pounds)

Reporting by Stephen Kalin; Editing by Robin Pomeroy

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