Saudi minister of Investment Khalid Al-Falih has reiterated the country’s commitment to advancing cooperation and continuing years of strong bilateral relations with the United States.
Al-Falih made this pledge on Tuesday at the Saudi-U.S. Investment Forum holding in Riyadh.
He said the relationship between the two countries was built on trust, partnership, and a shared focus on achieving mutual economic interests.
The Investment Forum commenced at the King Abdulaziz International Conference Center in Riyadh, with the participation of high-ranking officials from both countries.
Al- Falih presented the 2024 annual report on Saudi Vision 2030, highlighting the significant progress made in achieving its goals of diversifying and sustaining the Kingdom’s economic resources.
He said Saudi has opened new investment opportunities in key sectors, which include conventional and renewable energy, advanced technologies, AI, tourism, healthcare, biotechnology, logistics, and supply chains.
According to him, the rapid global transformations, economic fluctuations, and technological advancements will reshape the international economy, presenting significant opportunities to strengthen and expand the strategic partnership between the two countries.
The minister emphasised the importance of building strong, sustainable partnerships to achieve mutual interests, leveraging the strengths of both Saudi and American economies, particularly through their companies.
Al-Falih affirmed that the relationship between the two countries is one of the most important geopolitical connections, driven by economic cooperation and business partnerships, which serves as a catalyst for global peace and prosperity.
He underscored that business opportunities in the Kingdom have grown significantly thanks to Saudi Vision 2030, which has created numerous opportunities and yielded strong investment returns.
The minister extended the greetings of the Saudi leadership to the participants at the forum which is being held adjacent to U.S. President Donald Trump’s visit to Saudi Arabia, the first stop on his current foreign tour.
Al-Falih also commended the size and caliber of the American and Saudi investment delegations. (SPA/NAN)
