Saudi investment in Iran could happen 'very quickly' after agreement - minister

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Saudi Arabia's finance minister, Mohammed al-Jadaan, said on Wednesday that Saudi investments into Iran could happen 'very quickly' following an agreement.

Saudi Finance Minister, Mohammed al-Jadaan speaks during Saudi 2022 Budget Forum in Riyadh, December 13, 2021. REUTERS/Ahmed Yosri

"There are a lot of opportunities for Saudi investments in Iran. We don't see impediments as long as the terms of any agreement would be respected," al-Jadaan said during the Financial Sector Conference in Riyadh. Tehran and Riyadh agreed to resume diplomatic relations and re-open embassies within two months, according to a statement issued by Iran, Saudi Arabia and China, which brokered the deal.

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Saudi Arabia is a country that welcomes everyone and it is one of the largest economies in the world

Better Iran than Credit Suisse

Everyone now to forget the wonderful hopeful words of Bidden back from Saudi A. What kind of naive, incompetent persons US can elect, it is amazing. It was sure that Saudi A. was playing around. What a lack of knowledge of the culture derivating from the religion observed there!

So be it. Western Countries do what they want.

Good

“Saudi investment in Iran could happen 'very quickly'” Well of course. You’re talking about the second largest gas field on the planet.

👍🏿

It's way past time to label the Saudis as terrorist enablers at least?

Be carefull iran do not safe for invesments

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Saudi Arabia could start investing in Iran 'very quickly,' finance minister Mohammed Al-Jadaan saysRiyadh and Tehran agreed to resume diplomatic relations and reopen embassies in each other's countries following China-led negotiations in Beijing. Another example of Biden's failures. Saudi Arabia working with Iran! Way to go, Joe! Would that include investing in Irans nuclear industry
Source: CNBC - 🏆 12. / 72 Read more »