Lord Mayor of London Lord David Walton confirmed that the Saudi-British business sectors have useful opportunities to develop the economy in both countries. In a statement to Saudi Press Agency (SPA) following his meeting yesterday with Dr. Tawfiq bin Fawzan Al-Rabiah, Lord Walton praised the deep-rooted relations binding the two Kingdoms. He pointed out that the Kingdom of Saudi Arabia has a strong economy in general and in the field of oil, gas, industry and manufacturing in particular, stressing that the common understanding between the two sides is cornerstone for the development of bilateral relations.