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- Swiss innovation, green tech, and art shine at Oman Sustainability Week 2025
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14/05/2025 05:13 AST
Crown Prince and Prime Minister Mohammed bin Salman said that 40 percent of the global investments of the Public Investment Fund are directed to the United States. In his speech at the Saudi-US Investment Forum in Riyadh on Tuesday, the Crown Prince announced that the agreements unveiled at the forum amounted to $300 billion.
The Crown Prince said that the volume of partnership opportunities between the two countries amounts to $600 billion. He emphasized that Saudi Arabia and the United States have enjoyed deep economic ties for more than 90 years, spanning vital sectors such as energy, knowledge, and innovation. "Joint investments are one of the most important pillars of our economic relations," he said while highlighting that Saudi Arabia is the United States' largest economic partner in the region.
According to the Crown Prince, there are approximately 1,300 American companies currently investing in the Kingdom. "Joint efforts between the two countries are not limited to economic cooperation, but extend to establishing security, stability, and peace in the region and the world," he said adding that the Saudi Vision 2030 has enabled an unprecedented economic transformation aimed at diversifying the economy and empowering the private sector.
Saudi Gazette
15/05/2025
Saudi Arabia's point-of-sale transactions remained above SR13 billion ($3.47 billion) for the second week in a row, according to the latest official figures.
Data from the Saudi Central Bank
Arab News
12/05/2025
Saudi Arabia's industrial production index rose 2 percent year on year in March 2025, driven by strong growth in manufacturing, particularly in the chemical and food industries, official data showed.
Arab News
09/05/2025
US and Chinese officials meet this weekend in Geneva for their first formal talks aimed at resolving a grueling tit-for-tat tariff war that threatens hundreds of billions in trade and roiled global m
Asharq Al Awsat
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15/05/2025
A business delegation led by John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), and organized by the Hong Kong Trade Development Council (HKTDC) visited Kuwait City on
Kuwait Times
15/05/2025
US President Donald Trump and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani agreed deals in Doha on Wednesday that the White House said were worth $1.2 trillion, including a massive order from Qatar A
Arab News
15/05/2025
Diriyah Company is preparing to offer fit-out works worth approximately SAR20 billion ($5.3 billion) across a wide portfolio that includes retail, commercial, and educational assets, it was revealed
Trade Arabia
15/05/2025
The Swiss Embassy in Oman is proud to host a pavilion at the Oman Sustainability Week (OSW) 2025 Exhibition, taking place from 12 to 14 May at the Oman Convention and Exhibition Centre.
Sev
Times of Oman
15/05/2025
Qatar Airways today, May 14, announced that the carrier has placed the largest aircraft order in its history with manufacturing partner Boeing [NYSE: BA]. As part of its strategic fleet growth plan,
The Peninsula
Financial Information Co.
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