Trump’s Saudi trip will also draw CEOs from BlackRock, Palantir
U.S. executives and Saudi cabinet ministers will address the Saudi-U.S. Investment Forum in Riyadh when Trump arrives to meet with MBS
OMNIA AL DESOUKIE
Saudi-U.S. Investment Conference will take place at the King Abdulaziz International Conference Center in Riyadh, home to the kingdom's annual Future Investment Initiative summit
Some of America’s top corporate executives, including BlackRock’s Larry Fink, Citigroup’s Jane Fraser and Palantir’s Alex Karp, will be following U.S. President Donald Trump to Saudi Arabia next week.
The three business leaders are scheduled to speak at the Saudi-U.S. Investment Forum in Riyadh that is being put together to coincide with Trump’s arrival in the kingdom on May 13, when he kicks off a tour of the Gulf that will also take him to Qatar and the UAE.
Other U.S. executives slated to appear are Blackstone’s Steve Schwarzman, Franklin Templeton’s Jenny Johnson, Alphabet’s Ruth Porat, IBM’s Arvind Krishna and Qualcomm’s Cristiano Amon.
Trump, who will meet Crown Prince Mohammed bin Salman when he arrives in Riyadh, said he anticipates completing major arms deals in the kingdom and will seek to obtain a Saudi commitment to invest as much as $1 trillion in the U.S. The Crown Prince offered $600 billion.
The business event will take place at the vast King Abdulaziz International Conference Center in the capital city’s diplomatic quarter, where the annual Future Investment Initiative gathering is held, alongside the luxurious Ritz-Carlton Hotel. The event is being sponsored by Saudi Arabia’s Public Investment Fund, along with Aramco, Maaden and other state-owned companies.
Greeting participants in the conference will be top Saudi Cabinet members, including Prince Abdulaziz bin Salman, the Minister of Energy; Khalid Al-Falih, the Minister of Investment; Mohammed Al-Jadaan, Minister of Finance; Bandar Alkhorayef, Minister of Industry and Mineral Resources; and Amin Nasser, CEO of Aramco.