But as the architect of the Kingdom’s comprehensive economic, social and political reforms, the Deputy Crown Prince also promoted Saudi Arabia as an investment destination for industries far beyond fossil fuels. Watch On Forbes: Saudi Arabia Wants To Be One Of The World's Biggest Tech InvestorsA faster-growing and more resilient economy will empower Saudi Arabia to play a stronger role in resisting terrorism and containing expansionist powers such as Iran. For American companies and investors, a diversifying and privatizing Saudi economy offers once-in-a-generation opportunities. So far, the media has focused on plans for the partial privatization of our iconic oil company, Saudi Aramco. The fund recently invested $3.5 billion in Uber and is exploring other job-creating ventures in the United States, exemplifying how Saudi economic reforms can be a win-win proposition for both of our countries.

Source: Forbes March 24, 2017 16:18 UTC