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Trump and Saudi Arabia announce $600 billion investment deal, including $142 billion in defense

  • On Tuesday in Riyadh, U.S. President Donald Trump and Saudi Arabia’s Crown Prince Mohammed bin Salman finalized a $600 billion investment package, which includes a landmark $142 billion agreement for defense sales.
  • The agreement follows Saudi Arabia’s efforts to diversify its economy and enhance military capabilities amid regional threats and ongoing conflicts such as the war in Yemen.
  • The deal encompasses advanced weapons, missile defenses, training, and logistics involving major U.S. Defense firms, alongside investments in energy, transportation, IT infrastructure, and AI development.
  • The White House described the agreement as the biggest defense sales deal in U.S. History, highlighting its role in bolstering the American defense sector and promoting security in the Gulf region.
  • This transaction deepens Saudi-U.S. Strategic ties, could reshape Middle East security, and requires Congressional approval while posing challenges related to regional tensions and operational success.
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www.t-online.de broke the news in on Monday, May 12, 2025.
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