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
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.
Saudi Arabia and Syria signed a cooperation agreement between the two countries' defense ministries on Wednesday, Saudi state news agency SPA reported, as Yemen's Iran-aligned Houthi group continues its missile and drone attacks on the kingdom.
Turkey's parliament is set on Wednesday to ratify a defence pact with Saudi Arabia and Pakistan that includes a collective defence clause, committing NATO's second-largest army to Riyadh's defence as it faces attacks by Yemen's Iran-backed Houthis.
Hezbollah on Wednesday rejected accusations that it had dispatched experts to Yemen to fight alongside the Houthis in their war against the internationally recognised government and Saudi Arabia.
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