Trump and Saudi Arabia announce $600 billion investment deal, including $142 billion in defense
- On May 13, 2025, President Donald Trump began his visit to Riyadh to participate in a Saudi-U.S. Investment forum and to formalize several significant agreements between the two nations.
- The visit focuses on strengthening economic ties and follows earlier talks emphasizing investment, with White House officials announcing a $600 billion Saudi investment pledge in the U.S.
- The forum gathered American business leaders like Elon Musk and Larry Fink, alongside deals including a historic $142 billion defense sales agreement and energy pacts involving Aramco and U.S. Companies.
- The White House described the defense deal as 'the largest defense sales agreement in history,' while Trump and Mohammed bin Salman promoted a $1 trillion commercial deal figure amid scrutiny.
- The agreements underscore a deepening U.S.-Saudi partnership with implications for regional economic growth and security, while Trump’s ongoing Middle East trip will include visits to Qatar and the UAE.
316 Articles
316 Articles
On Middle East tour, Trump touts US tech to power post-oil future
US President Donald Trump didn’t show up empty-handed on the first international trip of his second term. Joining him in Saudi Arabia were almost three dozen CEOs of America’s biggest companies, including Big Tech giants that signed $600 billion worth of deals.
KT McFarland to Newsmax: Trump’s Saudi Arabia Speech His Greatest
K.T. McFarland told Newsmax on Tuesday that President Donald Trump’s speech in Saudi Arabia earlier in the day not only might have been the best he has given, but maybe the best speech delivered by anyone in 40 years. The speech came after Trump met with investors and touted a $600 billion investment commitment by Saudi Arabia in the U.S. and announced ending sanctions against Syria’s new government. Trump’s remarks about the region’s developmen…
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