Riyadh: Donald Trump Jr., son of former United States President Donald Trump, has lauded Saudi Arabia’s ongoing economic transformation and its attractiveness to international investors during the ninth edition of the Future Investment Initiative (FII) conference in Riyadh.

The event aims to foster investment ties between the Kingdom and global investors by showcasing the country's Vision 2030 economic reform agenda.

Trump Jr. described the gathering as 'amazing' and highlighted the stark difference in investor sentiment towards the Middle East compared to Europe over the past two decades.

He stated that no sane investor would have considered investing in the region at that time.

This contrasts with today’s perception of Saudi Arabia as a thriving economic hub, thanks to its efforts to diversify its economy and reduce dependence on oil revenues.

In addition to his praise for Saudi progress, Trump Jr. emphasized the need for global cooperation to counterbalance China's increasing influence worldwide.

He stated that halting Chinese 'hegemony' is one of the most crucial endeavors for the international community.

This warning aligns with broader concerns over China’s growing geopolitical and economic footprint globally.

The comments by Donald Trump Jr. underscore the Saudi government's strategy to attract foreign investment to support its ambitious Vision 2030 plan, which aims to reduce Saudi Arabia's dependence on oil as a primary economic driver.

By leveraging international partnerships, the Kingdom seeks to become a leading player in diverse sectors such as technology, healthcare, and entertainment.