Saudi Delegation Arrives in Pittsburgh Ahead of G-20 Summit

Wed Sep 23, 2009 8:41pm EDT
 
[-] Text [+]
WASHINGTON, Sept. 23 /PRNewswire-USNewswire/ -- Saudi Minister of Foreign
Affairs Prince Saud Al-Faisal arrived in Pittsburgh today for the G-20 Summit
being held September 24-25, 2009.  He will lead the Saudi delegation to the
Summit. 

The Saudi Minister of Finance, Dr. Ibrahim Al-Assaf and the Governor of Saudi
Arabian Monetary Agency (SAMA), Dr. Muhammad Al-Jasser, also arrived today for
the meeting of world leaders and finance ministers. The G-20 nations are
expected to discuss recent developments of global economy following this
year's crises.

The Saudi economy's strength and influence in the world marketplace have grown
exponentially during the past few decades. The Saudi economy is the largest in
the Middle East and, in their "Doing Business" annual report issued earlier
this month, the International Finance Corporation (IFC)-World Bank rated Saudi
Arabia as the 13th most economically-competitive country in the world. 

The International Monetary Fund (IMF) also recently praised the strength of
the Saudi economy in a public information notice released in August that
highlighted the Kingdom's "leadership role in stabilizing world oil markets." 


This is distributed by Qorvis Communications, LLC on behalf of the Royal
Embassy of Saudi Arabia.  Additional information is available at the
Department of Justice, Washington, D.C.


SOURCE  Royal Embassy of Saudi Arabia, Information Office

Royal Embassy of Saudi Arabia, Information Office, Washington, D.C.,
press@saudiembassy.net

 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video