Minister of Investment: 25% of foreign direct investments in the Kingdom came from America

Khalid Al-Falih, Minister of Investment, confirmed that America is the first choice for Saudi investments abroad, in addition to being the leading country exporting investments to the Kingdom.

He added during the “Future Investment Initiative” conference in Miami that 25% of foreign direct investments in the Kingdom came from America

He confirmed that Saudi investments in America amount to more than $750 billion, adding, “When we look at where to invest, America always comes out on top as a leading investment destination.”

The Minister of Investment revealed that the Kingdom will build the best artificial intelligence system in the world, to attract all players in this sector and application developers, with connectivity and access to less expensive and less emitting energy sources.