KSA Participates in GCC-US Trade Cooperation, SelectUSA Investment Summit

KSA Participates in GCC-US Trade Cooperation and SelectUSA Investment Summit. (SPA)
KSA Participates in GCC-US Trade Cooperation and SelectUSA Investment Summit. (SPA)
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KSA Participates in GCC-US Trade Cooperation, SelectUSA Investment Summit

KSA Participates in GCC-US Trade Cooperation and SelectUSA Investment Summit. (SPA)
KSA Participates in GCC-US Trade Cooperation and SelectUSA Investment Summit. (SPA)

A Saudi delegation led by General Authority of Foreign Trade (GAFT) Deputy Governor for International Relations Abdulaziz bin Omar Al-Sakran, participated on Wednesday in the fifth annual GCC-US Trade and Investment Dialogue in Washington, DC, as well as the US Investment Summit (SelectUSA), the Saudi Press agency said.
The Saudi delegation comprises 22 entities from the public and private sectors.
The GCC-US Trade and Investment Dialogue serves as a platform to exchange experiences and viewpoints between officials and experts, discuss trade and investment policies in the Gulf Cooperation Council (GCC) countries and the United States, address obstacles and challenges, and identify common goals that can enhance trade cooperation between both sides.
It mainly focuses on trade and investment flows of goods and services, digital trade, consumer protection, and combating commercial fraud.
The SelectUSA Investment Summit aims to boost economic growth by facilitating connections between foreign capital and US companies, strengthening the US investment landscape, highlighting industry trends and emerging opportunities across various sectors, and connecting investors with opportunities within US companies.



Saudi Arabia Announces Discovery of Oil, Gas Deposits

Saudi Arabia announced the discovery of seven oil and gas deposits. SPA
Saudi Arabia announced the discovery of seven oil and gas deposits. SPA
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Saudi Arabia Announces Discovery of Oil, Gas Deposits

Saudi Arabia announced the discovery of seven oil and gas deposits. SPA
Saudi Arabia announced the discovery of seven oil and gas deposits. SPA

Saudi Energy Minister Prince Abdulaziz bin Salman announced on Monday the discovery of seven oil and gas deposits in the Kingdom's Eastern Province and Empty Quarter, the official Saudi news agency SPA reported.

Prince Abdulaziz said Saudi Aramco had discovered "two unconventional oil fields, a reservoir of light Arabian oil, two natural gas fields, and two natural gas reservoirs", SPA said.

Two unconventional oil fields and one reservoir were discovered in the Eastern Province while two natural gas fields and two reservoirs in the Kingdom's Empty Quarter.