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A slew of deals has come out of the Saudi Crown Prince Mohammed bin Salman's foray to New York as part of the 2018 Saudi-U.S. CEO Forum.
Several of the deals involve Saudi Aramco, the largest energy company in the world, according to multiple memorandums of understanding released during the conference.
The deals entail:
The crown prince has formulated Saudi Arabia's Vision 2030 as a plan to overhaul the economy that includes a greater focus on technology. A network of data centers is expected to provide the main framework for the plan's goals.
Vision 2030 aims to pave Saudi Arabia's path from an oil-dependent economy to a Middle East hub of international trade and commerce at the crossroads of Asia, Europe and Africa.