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

  • President Donald Trump announced in Riyadh on Tuesday that Saudi Arabia committed $600 billion to invest in the United States, including a $142 billion defense deal.
  • This agreement followed long-standing U.S.-Saudi ties and the kingdom's push to diversify its economy under Vision 2030, amid regional tensions involving Iran and Syria.
  • The deal covers sectors such as energy, defense, mining, and includes cooperation with over a dozen U.S. Defense companies on air, missile, space, maritime, and communications systems.
  • Trump characterized the defense sales as the largest ever made between the two countries and expressed confidence in the strong rapport he shared with the Saudi crown prince.
  • The investment commitment aims to enhance economic ties and jobs in the U.S., while the agreement signals strengthened strategic partnership amid ongoing Middle East diplomatic efforts.
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www.t-online.de broke the news in on Monday, May 12, 2025.
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