Saudi, Kuwaiti foreign ministers discuss Iranian attacks, regional security
RIYADH — Saudi Foreign Minister Prince Faisal bin Farhan received a phone call from his Kuwaiti counterpart following Iran’s recent attacks on Kuwait and other countries in the region. During the call on Saturday, Prince Faisal and Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah condemned the recentIranian attacks targeting Kuwait and a number of countries in the region. The two ministers also discussed the latest regional developments and the joint efforts of both countries to pr…
WASHINGTON — The U.S. Chamber of Commerce has issued a new report that celebrates the successes of Saudi Vision 2030 and highlights the business footprint of over 50 American companies within the chamber.
The publication is part of the chamber's U.S.-Saudi Business Program, dedicated to strengthening bilateral trade and investment ties.
The report, which details next-phase priorities amid the expanding opportunities from the Saudi-U.S. partnership, begins with a preface by Steve Lutes, Vice President for Middle East Affairs at the U.S. Chamber of Commerce.
Lutes said American companies have contributed to the Kingdom's growth for decades through investment, technology transfer, and expertise.
He noted that the partnership has expanded to include the energy, manufacturing, finance, digital technology, artificial intelligence, sports, tourism, and infrastructure sectors, adding that the relationship between the two countries extends beyond commercial transactions to focus on transformation and innovation.
Lutes also reaffirmed the chamber's commitment to strengthening trade ties that support innovation and promote sustainable and inclusive growth in both countries.
In a recorded video message, Saudi Ambassador to the United States Princess Reema bint Bandar reviewed the milestones achieved by Saudi Vision 2030 in its tenth year.
She noted that non-oil activities now account for more than half of the Kingdom's economy, while the unemployment rate fell from 12 percent to 6.4 percent in the first quarter of 2026 and the homeownership rate rose from 47 percent to 66 percent.
She further underscored that Saudi Arabia welcomed 123 million tourists last year, surpassing its target of 100 million visitors ahead of schedule.
While expressing her appreciation to the chamber, Princess Reema emphasized that the participation of more than 50 U.S. companies in the publication reflects their contributions to developing new industries, advancing education and healthcare, training young people, and investing in projects.
The chamber is leading the initiative through its U.S.-Saudi Business Program, which is dedicated to strengthening bilateral trade and investment relations, connecting American companies with emerging opportunities in the Kingdom, and representing the interests of its members across a range of sectors.
Saudi Vision 2030 is a comprehensive plan to diversify the kingdom's economy beyond oil. American companies have played a pivotal role in this transformation by investing in key sectors such as energy, technology, and infrastructure. The continued partnership reflects the deepening economic integration between the two countries.
Original source: Saudi Gazette
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