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What surprise is the Saudi Crown Prince expected to announce at the FII forum?

Published: Updated:

The organizing committee of the Future Investment Initiative said that Saudi Crown Prince Mohammed bin Salman will address the participants at the forum on Wednesday.

“Join us tomorrow for a special plenary session with visionary leaders from the Arab World, including HRH Crown Prince Mohammad bin Salman and HRH Crown Prince of Bahrain Sheikh Salman bin Hamad Al Khalifa, in a discussion on continuing to build the region into a global economic powerhouse,” the FII’s organizing committee said on Twitter.

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Meanwhile, Saudi Chargé d'Affaires in Beirut Walid al-Bukhari said via Twitter that Crown Prince Mohammed bin Salman will announce a surprise on Wednesday.

“There are expectations that during an important (speech) tomorrow morning at the FII, he will reveal an important and great deal for Saudi Arabia,” Bukhari wrote on Tuesday evening.

Several Saudi Twitter users circulated the news of the “surprise” expected to be announced later today.

In an interview with Bloomberg earlier in October, Saudi Crown Prince Mohammed bin Salman said: “We believe we will have an amazing deal in October, in two weeks from today. So it will be big numbers. It will be in FII [The Future Investment Initiative conference] and it’s far away from oil. This deal is just what’s happening in Saudi Arabia – so there is one deal in FII and there are other deals that will be announced there.”