Top Posts
US stocks open mostly in the green: Nasdaq...
Trump in Saudi Arabia: Riyadh pledges $600 billion...
Microsoft plans to lay off over 6,800 employees:...
Deep dive: Why Rigetti Computing’s Q1 EPS isn’t...
US considers deal to let UAE import over...
DXY surges: Is this the end of the...
Elliott Wave signals Cardano price surge amid Hoskinson’s...
Sonic crypto price prediction: a coiled spring ready...
Red alert: Axon stock price has formed a...
A 600% rally: How Bitcoin sent this healthcare...
Major Gross Profit – Investing and Stock News
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick
Stock

Trump in Saudi Arabia: Riyadh pledges $600 billion investment in US

by admin May 13, 2025
May 13, 2025

US President Donald Trump has secured a staggering $600 billion investment commitment from Saudi Arabia during the first leg of his Gulf tour, according to the White House.

The announcement, made after a high-profile red carpet welcome in the Saudi capital, includes a record-breaking $142 billion defense deal and extensive cooperation in energy, mining, and infrastructure.

US-Saudi Investment deals

As Trump descended from Air Force One in Riyadh, he was greeted by Saudi Crown Prince Mohammed bin Salman, who later signed the landmark agreements in the presence of US business leaders, including tech billionaire Elon Musk.

The White House

@WhiteHouse

·Follow

THE TRUMP EFFECT💰
$600,000,000,000

President Donald J. Trump Secures Historic $600 Billion Investment Commitment in Saudi Arabia

Watch on Twitter

View replies

8:23 PM · May 13, 2025

0

Reply

Read more on Twitter

The deal is being described by American officials as the largest defense and investment agreement ever made between the two nations.

The defense component alone—valued at nearly $142 billion—is part of a broader US effort to strengthen military alliances in the Middle East while creating domestic jobs through arms manufacturing.

According to Reuters, sources close to the negotiations mentioned ongoing discussions around the potential sale of Lockheed Martin’s advanced F-35 fighter jets to Saudi Arabia, a deal long desired by Riyadh but not yet confirmed as part of the final package.

Focus shifts from security to long-term economic cooperation

In a clear shift from traditional US Middle East visits focused on counterterrorism and security, Trump’s trip emphasized economic development and private sector engagement.

During the US-Saudi investment forum, Saudi Investment Minister Khalid al-Falih highlighted the transformation of bilateral ties, stating, “While energy remains a cornerstone of our relationship, the scope of Saudi-American business partnerships has expanded dramatically.”

Trump echoed these sentiments, describing Prince Mohammed as a friend and praising the evolving nature of the relationship.

“We like each other a lot,” Trump said, referring to the Crown Prince.

He added that the investment would lead to significant job creation in the United States and help modernize Saudi Arabia’s economy, aligning with Riyadh’s Vision 2030 reforms.

Trump heads to Qatar, UAE next

Following his engagements in Saudi Arabia, Trump is scheduled to travel to Qatar on Wednesday and the United Arab Emirates on Thursday.

The presence of prominent American CEOs and business figures on the trip underlines the administration’s strategy of leveraging business diplomacy to build strategic alliances and boost foreign investment into the US economy.

Notably, Trump’s decision to bypass Israel on this tour has drawn attention, raising questions about the current administration’s priorities in the Middle East.

However, White House sources have emphasized that this visit is focused primarily on economic cooperation rather than regional security dynamics.

The $600 billion investment pledge signals not just a deepening of US-Saudi ties, but a broader recalibration of America’s foreign policy in the Gulf region.

As the two nations pivot towards mutual economic growth, job creation, and technology exchange, analysts view this as a landmark moment in US foreign investment diplomacy—one that may define Trump’s legacy in global economic affairs.

The post Trump in Saudi Arabia: Riyadh pledges $600 billion investment in US appeared first on Invezz

previous post
Microsoft plans to lay off over 6,800 employees: report
next post
US stocks open mostly in the green: Nasdaq up 0.6%, S&P 500 up 0.3%

related articles

US stocks open mostly in the green: Nasdaq...

May 13, 2025

Microsoft plans to lay off over 6,800 employees:...

May 13, 2025

Deep dive: Why Rigetti Computing’s Q1 EPS isn’t...

May 13, 2025

US considers deal to let UAE import over...

May 13, 2025

Trump claims China will open markets to US...

May 12, 2025

A 600% rally: How Bitcoin sent this healthcare...

May 12, 2025

Tesla stock surges 6%: analyst sees more gains...

May 12, 2025

Trump’s plan to accept a jet as gift...

May 12, 2025

Brazil’s Inter&Co posts 57% jump in Q1 profit

May 12, 2025

Top S&P 500 Index stocks to watch: Walmart,...

May 11, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • US stocks open mostly in the green: Nasdaq up 0.6%, S&P 500 up 0.3%
  • Trump in Saudi Arabia: Riyadh pledges $600 billion investment in US
  • Microsoft plans to lay off over 6,800 employees: report
  • Deep dive: Why Rigetti Computing’s Q1 EPS isn’t as impressive beneath the surface
  • US considers deal to let UAE import over a million advanced Nvidia chips: report

Editor’s Pick

DXY surges: Is this the end of the...

May 13, 2025

Elliott Wave signals Cardano price surge amid Hoskinson’s...

May 13, 2025

Sonic crypto price prediction: a coiled spring ready...

May 13, 2025

Red alert: Axon stock price has formed a...

May 13, 2025

Solana price prediction: C&H forms as SOL meme...

May 12, 2025
Footer Logo
  • Email Whitelisting
  • Terms and Conditions
  • Privacy Policy
  • Contacts
  • About us

Copyright © 2025 MajorGrossProfit.com All Rights Reserved.

Major Gross Profit – Investing and Stock News
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick