x

Abu Dhabi, UAEMonday 17 December 2018

Saudi Arabia's Crown Prince may meet Apple, Google top executives

The crown prince will hold talks with President Donald Trump and senior administration officials next week in Washington

Saudi Arabia’s Crown Prince Mohammed bin Salman offered a strong defence of his economic and social reforms in the Kingdom during an interview with CBS. Tolga Akmen / AFP
Saudi Arabia’s Crown Prince Mohammed bin Salman offered a strong defence of his economic and social reforms in the Kingdom during an interview with CBS. Tolga Akmen / AFP

Saudi Arabia’s Crown Prince Mohammed bin Salman plans to meet top global executives, including the heads of Apple and Google, during his first trip to the US since becoming heir to the throne of the world’s largest oil exporter, according to a person briefed on the trip’s details.

Prince Mohammed will hold talks with President Donald Trump and senior administration officials next week in Washington. His itinerary also may include stops in New York, Boston, Los Angeles, San Francisco and Houston, the person said on condition of anonymity because the plans aren’t final.

The prince also will hold meetings with top movie industry executives in Los Angeles, the person said, as his government presses ahead with a plan to allow commercial cinemas for the first time in more than 35 years.

A Saudi embassy spokesman in Washington declined to confirm the itinerary and said official details will be released later. Officials at Apple and Google parent Alphabet declined to comment.

_______________

Read more:

Saudi Crown Prince leaves UK after efforts at public diplomacy

Mohammed bin Salman's London visit marks a key moment in Saudi Arabia's transformation programme

Britain’s Wood wins contract with Saudi Aramco and SABIC

Mohammed bin Salman's visit to London and the protests that weren't

_______________

The crown prince will use the trip to promote investment opportunities in the biggest Arab economy, the person said, seeking to dispel concerns about a crackdown on corruption that saw dozens of Saudi royals, billionaires and officials detained for three months at the Ritz-Carlton in Riyadh. Among those held was billionaire Prince Alwaleed bin Talal.

Authorities said the majority of detainees were released in exchange for settlements that exceeded $100 billion.

The US trip follows the crown prince’s three-day state visit to the UK, where the two nations signed deals aimed at helping them reach a goal of 65 billion pounds ($91bn) of mutual trade and investment in the coming years. Included in the agreements was a memorandum of intent by Saudi Arabia to BAE Systems' Eurofighter, reviving prospects for a long-delayed purchase of 48 jets. The deal could be valued at more than 8bn pounds before discounts.

Trump has moved to strengthen US ties with the kingdom since taking office in January 2017. Saudi Arabia was the first foreign country Trump visited after taking office, traveling to the kingdom in May and signing memorandums and agreements for defense spending that totaled about $110bn.