Trump and Saudi Arabia announce $600 billion investment deal, including $142 billion in defense
- On May 13, 2025, during a ceremony in Riyadh, the U.S. President and Saudi Arabia’s Crown Prince finalized a $600 billion agreement encompassing investment and defense cooperation.
- The deal followed Saudi Arabia's aim to diversify its economy, improve military capabilities amid regional tensions, and develop AI technologies.
- It includes $142 billion in defense sales, multibillion-dollar energy, tech, and infrastructure investments, and new joint funds totaling over $14 billion.
- Trump called it a "historic and transformative" leap with the "largest defense sales agreement in history" nearly $142 billion, encompassing air, missile, naval, and support systems.
- The agreement strengthens U.S.-Saudi ties and Saudi Arabia’s defense posture against Iran, but depends on Congressional approval and raises regional security concerns.
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Trump says US to lift Syria sanctions, secures $600 billion Saudi deal - Hawaii Tribune-Herald
RIYADH — President Donald Trump kicked off his trip to the Gulf on Tuesday with a surprise announcement that the United States will lift long-standing sanctions on Syria, and a $600 billion commitment from Saudi Arabia to invest in the U.S.
Pres. Trump to lift sanctions on Syria, announces $600B U.S.-Saudi investment deal
President Donald Trump arrived in Saudi Arabia on Tuesday to begin an official visit to the Middle East, and revealed plans to lift U.S. sanctions on Syria, explaining that the move is meant to give the embattled nation “an opportunity to achieve greatness.” The decision comes as the Trump administration intensifies efforts to build closer diplomatic relationships with Saudi Arabia and its regional partners. Crown Prince Mohammed bin Salman, wi…


Reaper drones & Patriot missiles…what's set to be in Trump’s arms deal war chest
THE US and Saudi Arabia have signed a historic $600 billion deal between the two nations which includes a massive arms package. Fighter jets, expert missile systems and reaper drones are all rumoured to make up part of the $142bn defence agreement signed by Donald Trump and Mohammed bin Salman on Tuesday. EPADonald Trump and Mohammed bin Salman signed the historic deal with a handshake on Tuesday[/caption] APThe pair spoke at the Royal Palace in…
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