The international political scene emerges every day with a new economic view. Every day, new policies are guided by economic visions. Relations amongst countries are governed by economics while conflict amongst them are attributable to economic reasons. New alliances have teamed up with one another on an economic rationale while existing alliances have disintegrated for economic reasons. The economic relations are nowadays based on material interests and so are the multilateral relations amongst countries. A few days ago, we alluded in our editorial to the Softbank Vision Fund wherein the Public Investment Fund (PIF) had injected investments worth $ 45 billion. The Softbank Fund is anticipated to be the largest investment fund in the technological sector. We think that the upcoming days will come up with more projects led by the PIF and a number of Saudi companies in investment-attracting countries enjoying a realistic security and stability status. In his comprehensive speech with Foreign Affairs magazine, the Deputy Crown Prince Mohammed bin Salman clearly depicted the role of economics in the new international scene. He alluded that the accession of a businessman to power in the USA would make the opportunity available for the USA to take the initiative of participating in Saudi Arabia's Vision for 2030. The opportunity would also be made available for the strategic Saudi –US dialogue to be resumed after it had been halted during the Obama tenure for reasons "which are still unclear", Prince Mohammed said. He voiced expectation that Trump would be ready to resume the dialogue. Not only the domestic activity of an economic nature would serve and target such dialogue but it had exceeded the boundaries of time and place to the phase of international relations laying down the foundations for a new era. We know that this trend has become a requirement and has become more regulated after the formation of the Council of Economic Affairs and Development as well as the trend to put some of Aramco into public offering commensurate with the liberalization of the national economy from being an oil-dependent economy. The trend also involves upgrading the investment tools and investing in our natural resources for launching promising economic potentials. The GCC member states in general and Saudi Arabia in particular have become a destination for several countries not only for establishing political relations, though important they are, but further for clustering in economic conglomerations, alliances and joint ventures. Such alliances are aimed at combining the deep pockets with the ambitious investors to benefit from the capitals, private investments and sovereign-wealth funds. This endeavor has been initiated by Britain followed by other countries such as France, Germany and Greece. The new relations between countries are based on economic rather than political interests. Hence, we have to recognize the significance and role of open-door economics in a number of domestic investment components taking European, and even Asian, markets as their targets.
