File photo: CGTN

RIYADH, March 27 (Xinhua) -- Saudi Arabia signed Sunday more than 30 agreements and initiatives valued over 4.2 billion U.S. dollars on the first day of the Global Entrepreneurship Congress (GEC) in Riyadh, according to the Saudi Press Agency.

The GEC 2022, entitled "Reboot, Rethink, Regenerate," attracts entrepreneurs, investors, and policymakers from around the world to meet in person for the first time in over two years.

Saudi Aramco signed ten memoranda of cooperation and two agreements with local and international companies in digital transformation, information technology, and national development, it reported.