Saudi Arabian Crown Prince Mohammed bin Salman, left, accompanied by Korean Prime Minister Han Duck-soo, inspects an honor guard after arriving at Seoul Air Base in Seongnam, just south of Seoul, Nov. 17. Yonhap

President Yoon Suk-yeol will meet with Saudi Arabia's Crown Prince Mohammed bin Salman in Seoul on Thursday, his office said.

The two are scheduled to hold talks followed by lunch. Discussions are expected to focus on ways to enhance economic cooperation between the two countries, with Korean businesses eager to win construction projects in Neom, a Saudi smart city project overseen by the crown prince.