Trump and Saudi Arabia announce $600 billion investment deal, including $142 billion in defense
- On May 13, 2025, in Riyadh, the President of the United States and Saudi Arabia’s Crown Prince finalized a $600 billion agreement focusing on investment, defense, and energy cooperation.
- This agreement follows longstanding US-Saudi ties focused on energy and security, amid Trump's first Middle East trip since returning to office, with some uncertainty over related dealings.
- The deal covers sectors including energy, mining, and defense, featuring an arms sales package worth nearly $142 billion involving multiple US defense companies.
- Trump called it a "transparent transaction" and projected the phase two deals could raise investments to $1 trillion, while the crown prince pledged $600 billion in US investments.
- The deal signals strengthened US-Saudi cooperation and potential job creation in the US, though broader regional issues like Iran's program and the Gaza war remain unresolved.
91 Articles
91 Articles
Trump Secures ‘Historic’ Investment Deal From Saudi Arabia On First Day Of Middle East Trip
Shortly after arriving in Saudi Arabia on the first day of his high-stakes Middle East trip, President Donald Trump announced that Saudi Arabia committed to investing $600 billion in the United States.“President Trump is the dealmaker in chief, and he has once again secured a historic deal that strengthens America’s economic dominance and global influence,” the White House said in a statement, adding that the investment will build “economic ties…
Trump Gets Heavily Armed Fighter Jet Escort In Must-Watch Video
President Donald Trump arrived in Saudi Arabia surrounded by a lot of firepower.The President went to Saudi Arabia to sign a historic economic and military deal with the Saudi government.The deal allows the Saudis the ability to buy nearly $142 billion worth of "state-of-the-art warfighting equipment and services from over a dozen U.S. defense firms," according to a release from the White House.The President arrived Tuesday, and Air Force One wa…
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