After a week in Washington, Saudi Arabia’s deputy crown prince is heading west to meet with technology executives in Silicon Valley and then to New York to pitch his nation’s new economic plan to Wall Street investors.
Deputy Crown Prince Mohammed Bin Salman wants to discuss how Saudi Arabia can benefit from innovations spawned in California and then talk with New York investors about opportunities, including with the state-owned Saudi Arabian Oil Co., according to Saudi Foreign Minister Adel al-Jubeir. The kingdom plans an initial public offering of the world’s largest oil company, known as Saudi Aramco, which the prince expects to be valued at more than $2 trillion.
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