An important Saudi investment summit between Saudi Arabia and the United States will be held in Washington, D.C., on November 19, as part of the visit of Saudi Crown Prince Mohammed bin Salman to America, the second visit of Prince Mohammed bin Salman to America since 2018, an informed source told Reuters.
A source familiar with the matter told Reuters.
Saudi American Investment Summit
The summit, held on the sidelines of the Crown Prince's visit, is not part of the official agenda of the visit, according to the source who spoke to Reuters.
According to the source. <According to CBS News, the summit will be held at the John F. Kennedy Center for the Performing Arts. According to CBS News, the summit will be held at the John F. Kennedy Center for the Performing Arts and will be carried out in partnership between the Saudi Ministry of Investment and the U.S.-Saudi Commercial Council. <It is noteworthy that the volume of trade exchange between Saudi Arabia and America from 2013 to 2024 amounted to about 500 billion dollars, while the value of Saudi non-oil exports last year amounted to about 82 billion dollars. In this context, Saudi Arabia and America are working to develop huge economic partnership opportunities worth up to $600 billion. Agreements worth more than $300 billion were announced during US President Donald Trump's visit to Riyadh, while the Saudi Crown Prince and the US President intend to finalize the second phase of these agreements, which could raise their total value to $1 trillion.
Saudi Arabia and America are working to develop a huge economic partnership worth up to $600 billion, which could raise their total value to $1 trillion. The growing economic partnership between the two countries reflects multidimensional cooperation in the military, security and technology fields, enhancing mutual benefits and supporting job opportunities in the Kingdom, localizing industries, developing local content and increasing GDP.
The growing economic partnership between the two countries reflects multidimensional cooperation in the military, security and technology fields, enhancing mutual benefits and supporting job opportunities in the Kingdom.
