Saudi relationship ‘crucial’ for US


The American investment community has been impressed by Saudi Arabia’s economic growth and Vision 2030 goals over the past few years, New York financier Anthony Scaramucci told Arab News. “The general American public still misunderstands Saudi Arabia and the Middle East generally. While there have been some unfortunate setbacks, I can tell you the investment community has certainly taken note of the social and commercial progress in the Kingdom,” he said, reports Arab News. “We hosted the CEO of NEOM at our US-based SALT Conference in 2019 and our community was blown away by the vision. The Public Investment Fund has set the tone with ambitious projects and smart strategic investments, with the growth of FII (Future Investment Initiative) a testament to how things are moving,” he added.

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