Skip to main content

Riyadh and Washington prepare for strategic investment summit

1 min Sandrine Zimra

Saudi Arabia is preparing to host a high-profile U.S.–Saudi Investment Summit in Washington on November 19, coinciding with Crown Prince Mohammed bin Salman’s official visit to the U.S. capital.

Mohammed bin Salman © Mena Today 

Mohammed bin Salman © Mena Today 

Saudi Arabia is preparing to host a high-profile U.S.–Saudi Investment Summit in Washington on November 19, coinciding with Crown Prince Mohammed bin Salman’s official visit to the U.S. capital.

According to sources familiar with the planning, the summit will take place on the sidelines of the Crown Prince’s visit but is not included in his formal schedule. The event aims to showcase new economic and investment opportunities between the two strategic partners.

Crown Prince Mohammed bin Salman is scheduled to meet with President Donald Trump at the White House on November 18, a senior U.S. official confirmed last week.

The summit, reportedly co-hosted by the Saudi Ministry of Investment and the U.S.–Saudi Business Council, will be held at the prestigious John F. Kennedy Center for the Performing Arts. Though not formally announced, invitations have already circulated in top business circles.

While both Trump and Bin Salman may make an appearance at the summit, their participation has not been officially confirmed.

The visit comes at a crucial time in regional diplomacy. The White House is eager to bring Saudi Arabia into the fold of the Abraham Accords, the U.S.-brokered agreements that have normalized ties between Israel and several Arab states.

Beyond investment and diplomacy, defense cooperation will also be on the agenda. Saudi Arabia remains one of the United States’ largest purchasers of military equipment.

Sandrine Zimra

Sandrine Zimra

Sandrine Zimra has been a financial analyst for 25 years. Based in Geneva, she covers countries in the Middle East and travels regularly to the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Egypt, and Israel. She contributes to Mena Today with her financial reports and insights on the region.

Related

United Arab Emirates

Arab Energy Fund raises $500 million on Nasdaq Dubai

The Arab Energy Fund (TAEF) has listed a USD 500 million Sukuk on Nasdaq Dubai, attracting orders exceeding USD 900 million and achieving 2x oversubscription, a strong vote of confidence from global investors in the multilateral institution's credit profile and energy sector mandate.

Turkey

Turkey and Venezuela coordinate post-quake assistance

Turkish Foreign Minister Hakan Fidan spoke by phone Thursday with his Venezuelan counterpart Yvan Gil to discuss the earthquakes that have struck Venezuela and the country's urgent need for humanitarian assistance, a Turkish foreign ministry source confirmed.

Lebanon

Lebanon's most embarrassing billboard problem just got fixed

Lebanon's Interior Minister Ahmad Hajjar ordered Thursday the removal of pro-Iran banners that had been displayed along the road leading to Beirut's international airport, the country's most visible gateway to the world.

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.