Greece, Saudi Arabia seal deal on data cable, discuss power grid connection

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RIYADH/ATHENS, July 26 (Reuters) – Greece and Saudi Arabia sealed a deal on Tuesday to lay an undersea data cable that will connect Europe to Asia, and discussed the possibility of connecting their power grids to supply Europe with cheaper green energy .

Greece and Saudi Arabia agreed in May on the main terms of a planned joint venture to build a data cable, the so-called “East to Med data Corridor”, which will be developed by the MENA HUB, owned by Saudi Arabia’s STC and Greek telecommunications companies . and satellite application company TTSA. Read more

The agreement was concluded during a visit by Saudi Crown Prince Mohammed bin Salman to Athens, his first visit to an EU member state since the killing of Saudi journalist Jamal Khashoggi in 2018.

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Prince Mohammed’s last official visit outside the Middle East was to Japan in 2019 for a G20 summit.

“By connecting the electricity grid … we can supply Greece and southwestern Europe through Greece with much cheaper renewable energy,” said Prince Mohammed, who sat with Mitsotakis.

Bilateral agreements were also signed in the areas of energy and military cooperation, i.a. Read more

Mitsotakis hailed Prince Mohammed’s visit as an opportunity to further discuss regional developments and “how to further cement this important relationship between our two countries, paying particular attention to economic cooperation.”

Mitsotakis was among the Western leaders who have visited Riyadh since the killing of Khashoggi at the Saudi consulate in Istanbul, which sparked an outcry in the West and tarnished the prince’s image as a reformist pushing to open up Saudi Arabia, the world’s biggest oil exporter.

French President Emanuel Macron also visited Riyadh last year, and US President Joe Biden met with Prince Mohammed on a trip to Saudi Arabia earlier this month, as Washington works to ease tensions with Riyadh.

The US intelligence service has implicated the prince in the murder of Khashoggi, a charge the prince and the Saudi authorities deny.

After Greece, Prince Mohammed goes to France.

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Reporting by Nayera Abdullah in Cairo and Angeliki Koutantou in Athens; Written by Nadine Awadalla and Ghaida Ghantous; Editing by Catherine Evans, Tomasz Janowski and Richard Pullin

Our standards: Thomson Reuters Trust Principles.

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