Saudi Arabian Finance Minister Muhammad Al-Jadaan said on March 15 that Saudi investments in Iran could happen "very quickly" following an agreement to restore diplomatic ties. "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. Iran and Saudi Arabia agreed on March 10 to reestablish relations and reopen embassies within two months after years of hostility. To read the original story by Reuters, click here.
Saudi Arabia Could Invest In Iran 'Very Quickly' After Agreement, Says Minister
Saudi Finance Minister Muhammad Al-Jadaan (file photo)