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CEOs follow Trump to Saudi Arabia to discuss kingdom’s oil transition plan

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Some of the country’s leading CEOs will be heading to Saudi Arabia to hold a first-of-a-kind summit with the Saudi energy minister and other top Saudi officials about the kingdom’s plans to diversify its economy away from oil.

The summit will be held alongside President Trump’s state visit this weekend, bringing together more than 50 U.S. companies, 40 Saudi companies and nine global companies, the official Saudi news service announced Friday.

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