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

  • On May 13, 2025, in Riyadh’s Royal Court, the leader of the United States and Saudi Arabia’s Crown Prince Mohammed bin Salman formalized several agreements to strengthen cooperation between their nations.
  • The agreements came after Saudi Arabia committed to allocating $600 billion to various sectors in the United States, including energy, mining, and a substantial $142 billion defense procurement deal.
  • The signing occurred during the Saudi Arabia Investment Forum, which included global leaders and discussions on AI, trade, and economic cooperation.
  • The White House described the deal as the largest defense sales agreement ever, while at the signing ceremony, Trump expressed a strong mutual rapport with the crown prince.
  • The agreements aim to strengthen U.S.-Saudi ties economically and militarily amid regional security concerns and ongoing Middle East conflicts.
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diario.mx broke the news in on Monday, May 12, 2025.
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