RIYADH: The minister of industry and natural resources of the Kingdom is expected to increase US investments in Saudi Arabia following his meetings with several corporate executives and officials while on a visit to the Kingdom.
Between September 23 and September 28, the minister will go to New York, Nevada, and California. Talks on potential investments in Saudi Arabia’s mining and industrial sectors have begun between Bandar Alkhorayef and notable US leaders.
Through an official post on the X platform, Alkhorayef shared, the minister emphasised the growing impact of Vision 2030 on the Kingdom, highlighting its attractiveness as an investment destination with abundant natural resources and significant human capital potential. Alkhorayef also paid a visit to the New York Stock Exchange, which has a market value of over $28 trillion, making it the biggest stock exchange globally.
“I visited the New York Stock Exchange (NYSE), a crucial global financial hub, and observed its state-of-the-art electronic systems for assessing businesses across multiple industries. I also identified the top global strategies implemented to boost productivity and boost competitiveness,” the minister wrote in a post on X.
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