Speaker of the Arab Parliament, Adel bin Abdul Rahman Al-Asoumi, has praised the announcement by HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, that the Public Investment Fund (PIF) had established five regional companies aimed at investing in Arab countries, including Jordan, Bahrain, Sudan, Iraq, and Oman. Al-Asoumi stressed that this announcement reflects the sound vision of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and HRH Crown Prince, and their great endeavors and their firm belief in the importance of promoting joint Arab action. Al-Asoumi stressed that this initiative will contribute to supporting, promoting, and coordinating joint Arab efforts in investment and utilizing the potential that the Arab region has, through constructive and joint cooperation, especially in light of the economic challenges the world is witnessing.