Prime Minister Mark Carney completes his first visit to Saudi Arabia in 26 years, meeting with Saudi officials as he builds new ties between the two countries. Carney says Saudi Arabian investors, including the Kingdom’s sovereign wealth fund, are interested in Canadian assets, particularly in sectors such as energy, mining, and infrastructure. The talks also include an invitation extended by Carney to the Public Investment Fund (PIF), which signals continued engagement between Canadian policymakers and Saudi investment stakeholders. Both outlets report that the visit focuses on exploring investment opportunities and strengthening economic cooperation, with Carney highlighting Canada’s industries as potential areas for capital deployment. The coverage emphasizes that the trip marks a notable diplomatic moment after a long gap in Canadian leadership engagement with Saudi Arabia, and it frames the discussions around prospective investments rather than specific transaction details. No figures for planned investments or named projects are provided in the reports.
Carney visit renews Saudi interest in Canadian energy and infrastructure assets
Prime Minister Mark Carney completes his first visit to Saudi Arabia in 26 years, meeting with Saudi officials as he builds new ties between the two countries. Carney says Saudi Arabian investors, inc...
- Mark Carney concludes a visit to Saudi Arabia, the first by a Canadian leader in 26 years.
- Carney says Saudi investors are interested in Canadian energy, mining, and infrastructure assets.
- The Public Investment Fund (PIF) is involved in the discussions and receives Carney’s invitation to Toronto.
- The reported focus is on exploring investment opportunities and strengthening economic ties between the countries.
Prime Minister Mark Carney said Saudi Arabian investors are interested in Canadian energy, mining and infrastructure, as he concluded the first visit of a Canadian leader to the Middle Eastern kingdom in 26 years.
3 hours agoPrime Minister Mark Carney said Saudi Arabian investors are interested in Canadian energy, mining and infrastructure, as he concluded the first visit of a Canadian leader to the Middle Eastern kingdom in 26 years.
4 hours ago
EPA proposes weakening heavy-duty truck pollution rules under Trump administration
The Trump administration’s EPA proposes changes to federal pollution-control requirements for heavy-duty trucks, aiming...
York come from behind to beat Hull FC and record third straight Super League win
York Knights beat Hull FC 20-16 in Betfred Super League, completing their third consecutive league victory. Multiple out...
Maine Democrats replace Senate nominee Graham Platner amid sexual assault allegations
Maine Democrats move to replace U.S. Senate candidate Graham Platner following sexual assault allegations that have roil...