RIYADH: Business and investment ties between Saudi Arabia and the US are in a “position of strength,” a US Chamber of Commerce official told Arab News ahead of Crown Prince Mohammed bin Salman’s visit to the country.
Steve Lutes, vice president for Middle East affairs at the organization, described the state of bilateral relations between Riyadh and Washington as “durable and resilient,” adding that such visits are “important milestones, they’re momentous.”
The timing of the crown prince’s visit is noteworthy. It comes as Saudi Arabia’s Vision 2030 reform program nears its 10-year mark, and as American companies recalibrate their global strategies to tap into rapidly growing markets.
HUMAIN and Qualcomm Technologies, Inc. announced a collaboration to deploy advanced AI infrastructure in Saudi Arabia. (Supplied)
Washington has consistently ranked among the Kingdom’s top trading partners, with total trade in goods and services surpassing $35 billion in 2023, according to official US data.
