Saudi Arabia is well-prepared for shifting oil price dynamics and has built financial flexibility to navigate any scenario, Economy Minister Faisal Alibrahim said Tuesday at the Qatar Economic Forum.

“We’re always ready for scenarios — multiple scenarios — and we have buffers,” Alibrahim told the forum audience. “We have the long-term fiscal planning and medium-term frameworks that help us adjust depending on what scenario actually plays out.”

His comments come as Saudi Arabia’s stock index edged up 0.29%, buoyed by a resilient economic outlook.
“Fundamentally, the Saudi stock market remains supported by a positive economic outlook, which could lead to potential advances in the medium term, provided oil prices and external factors are favourable,” said Hani Abuagla, Senior Market Analyst at XTB MENA.

Meanwhile, Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), is ramping up its U.S. investments — aiming to at least double its annual contribution over the next decade. This comes after the QIA pledged $500 billion in long-term investment in the U.S. economy.

“It increased the pace for sure,” said QIA CEO Mohammed Al Sowaidi. “Some years probably increased by double, some years probably buying more than double what we’ve been doing for the past five to six years.”

This expansion follows a recent visit by U.S. President Donald Trump to Doha, where agreements signed with Emir Sheikh Tamim bin Hamad Al-Thani are projected to generate at least $1.2 trillion in economic exchange, including a $96 billion deal with Qatar Airways.