Riyadh, Saudi Arabia — Senior officials from Saudi Arabia and the United States reaffirmed their commitment to deepening bilateral economic and investment ties during a joint session at the Saudi-U.S. Investment Forum. The session, held under the theme “Balancing Fiscal and Monetary Policy,” featured Saudi Finance Minister Mohammed Al-Jadaan and U.S. Treasury Secretary Scott Besant.

Al-Jadaan called the relationship “historic,” noting that Saudi investments in the United States span over 90 years. He emphasized that this cooperation supports the Kingdom’s transition from oil dependency to a diversified knowledge-based economy. “The scale of Saudi investments in the U.S. is remarkable,” he said, highlighting growing inflows from U.S. firms into the Kingdom since the launch of Vision 2030.

The minister also cited progress in local economic indicators. “We’ve reached the lowest unemployment rate in our history at 7%, expanded workforce participation, and hosted over 100 million tourists—five years ahead of schedule,” he said.

U.S. Perspective on Global Trade and Bilateral Growth

Secretary Besant underscored the strategic importance of U.S.-Saudi economic ties. He mentioned ongoing efforts to restore global trade equilibrium and increase market access for U.S. companies, particularly in China. “Our relationship with Saudi Arabia has always been strong,” he said, adding that new agreements are expected to generate tangible results for both nations.

He also acknowledged Saudi Arabia’s evolving role in global finance, describing it as “a critical partner” in global economic reform and capital markets development.

 

The Saudi Standard’s View: Beyond Symbolism, Toward Strategic Leverage

This renewed emphasis on Saudi U.S. investment ties goes beyond diplomatic formality. It signals a maturing relationship defined less by tradition and more by strategic alignment. As Saudi Arabia accelerates its Vision 2030 agenda, the U.S. remains uniquely positioned to contribute both capital and institutional expertise.

The real significance lies in the mutual leverage—Saudi Arabia offers scale and long-term policy clarity; the U.S. offers depth in capital markets and technological leadership. Together, this dynamic creates a foundation for investment flows that are not just transactional, but transformative.

In an increasingly multipolar economic order, Riyadh and Washington are carving out a model for pragmatic, high-value cooperation. It’s no longer just about deals—it’s about strategic durability.