25 Apr 2024

Saudi Investment Opportunities on US Business Radar

Saudi Commerce Minister Dr. Majid Al-Qasabi has discussed Vision 2030 achievements and investment opportunities with US business leaders in Washington. The meeting highlighted the strong trade ties between the Kingdom and the US.

 

The Saudi-US Business Council recently held a virtual seminar on the future of car manufacturing in Saudi Arabia. Over 100 industry leaders from both countries attended.

 

During the meeting, Al-Qasabi talked about the progress of Vision 2030 and how it’s opening up new sectors and opportunities for businesses in Saudi Arabia. They also discussed improving the business environment in the Kingdom to attract more American companies.

 

Princess Reema bint Bandar bin Sultan, the Saudi Ambassador to the US, joined the meeting along with officials from the US Chamber of Commerce.

 

Additionally, Al-Qasabi and his team visited Georgetown University to discuss collaboration and review the university’s research in areas like entrepreneurship, corporate governance, trade policy, and more.

 

Al-Qasabi also met with executives from EcoLab, a water and energy solutions provider, and Bechtel Corporation, a major engineering and construction company.